22 Catspaw Cape
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22 Catspaw Cape

Ctop 80%

Coronado, CA 92118

$2,299,000

Pass at asking: -$12,262/mo full cashflow at 20% down, 7.43% rate.

Works at $702,457 (69% under asking), or at 97% down.

Rent $7,564/mo from 19 leases of 3-bed houses in 92118 ($7,284–$8,572).

Beds

3

Baths

2.5

Sqft

2,242

Year Built

1974

Days on Market

77

Property Type

Single Family

HOA/mo

$429

MLS ID

260020810SD

This property is in Coronado (92118). Browse neighborhood analytics →

Virtual Tour

About This Property

A HIDDEN JEWEL IN THE CORONADO CAYS! This meticulously cared for home is move in ready. Nestled in a tranquil, family neighborhood with wonderful landscaping. From the moment you arrive, the residence offers a bright open floor plan with high ceilings and two large patios. Expansive living spaces create an inviting atmosphere, while thoughtfully designed interiors and abundant natural light provide the perfect backdrop for everyday living or elegant entertaining. Enjoy seamless indoor-outdoor living as you take in a luscious backyard with an inground spa. The Coronado Cays lifestyle is truly unmatched, offering boating, water activities, scenic walking paths, and resort-style amenities—all within a private coastal community. The home also comes with a nearby dock. Whether enjoying a morning coffee overlooking the water, hosting friends and family, or unwinding after a day at the beach, 22 Catspaw Cape is an immaculate home that embodies the ultimate Coronado coastal lifestyle. Ideally located near Coronado’s renowned beaches, charming village, fine dining, shopping, and the vibrant San Diego waterfront, this exceptional property offers the perfect combination of luxury, privacy, and location.

Mortgage Calculator

Est. Monthly Payment

$16,170

Principal & Interest$12,772
Property Tax$2,299
Insurance$671
HOA$429
%($459,800)
%
Loan Term

Location

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Zoned Schools

  • Middle

    Coronado Middle · grades 6-8 · Coronado Unified

  • High

    Coronado High · grades 9-12 · Coronado Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Short-term not available here. Coronado bans stays of 25 days or less in residential zones. See the rules

Investment Score

5C
Est. Monthly Rent
$7,564

19 leases of 3-bed houses in 92118 · $7,284–$8,572

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$8,607
Full Cashflow

Incl. vacancy, PM, maint, capex

-$12,262

What would make this work?

$12,262/mo short at 20% down; 97% down or +$15,925/mo rent closes it.

Break-even price

69% under asking

$702,457
Break-even rent

$15,925/mo above the estimate

$23,489/mo
Cashflow at 35% down
−$9,868/mo
Down payment to break even

$2,230,030 cash

97%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$12,772
Cap Rate
0.46%
Cash-on-Cash
-32.00%
DSCR

Need ≥ 1.25 for DSCR loan

0.47

NOI (Annual)
$10,652
Price-to-Rent

Lower = better for investors

25.3

* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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CCashflow−$12,262/mo