2340 Hosp Way

2340 Hosp Way

D

Carlsbad, CA 92008

$485,000

Beds

2

Baths

1

Sqft

1,017

Year Built

1975

Days on Market

24

Property Type

Condo

HOA/mo

$554

MLS ID

NDP2600816

Description

This is the lowest-priced 2 bedroom condo in Carlsbad! Welcome to The Grove - a gated community located just east of the 5 freeway and approximately 3 miles from the ocean. This charming 2 bedroom, 1 bathroom ground-level condo features upgraded kitchen cabinets and granite counters, newer windows and slider with wood shutters, laminate flooring in the living room and bedrooms, interior laundry, and two assigned covered parking spots. HOA fee covers water and trash and the complex is VA approved. Enjoy the community pool and spa and take advantage of the unbeatable location—close to the beach, shopping, restaurants, and with quick freeway access. Whether you're a first-time buyer, downsizing, or looking for an investment, this is the best value for a 2 bedroom in Carlsbad!

Mortgage Calculator

Est. Monthly Payment

$3,633

Principal & Interest$2,452
Property Tax$485
Insurance$141
HOA$554
%($97,000)
%

Investment Score

4D
Est. Monthly Rent

Zillow Rent Zestimate

$2,725
Monthly Cashflow
$-1,938

Mortgage (P+I)
$2,452
Cap Rate
1.27%
Cash-on-Cash
-23.98%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.11
Break-even Rent
$4,445

NOI (Annual)
$6,169
Price-to-Rent

Lower = better for investors

14.8

* Defaults: 20% down, 6.5% rate, 30yr.

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