2347 Merwin Drive

2347 Merwin Drive

C

Carlsbad, CA 92008

$1,995,000
NEW — 2d

Soft Appraisal Value: $1,942,400 · 2.7% above estimate

Beds

5

Baths

3

Sqft

2,842

Year Built

2000

Days on Market

2

Property Type

Single Family

HOA/mo

$105

MLS ID

NDP2605776

This property is in Carlsbad (92008). View neighborhood stats →

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About This Property

Welcome to this spacious and beautifully situated home in the highly desirable Canterbury community of Carlsbad. Offering approximately 2,842 square feet of living space with 5 bedrooms + an office and 3 full bathrooms, this residence provides the perfect blend of comfort, flexibility, and coastal convenience. The thoughtfully designed floor plan features generous living areas, abundant natural light, and ample room for multi-generational living, a home office, or guest accommodations. Situated on an expansive 8,563-square-foot lot, the property offers exceptional outdoor space for entertaining, play, gardening, or future enhancements. Located just minutes from Carlsbad's renowned beaches, vibrant Village dining and shopping district, parks, and top-rated schools, this home combines a peaceful neighborhood setting with easy access to everything North County has to offer. Residents enjoy the charm of an established community while benefiting from convenient proximity to major commuter routes, recreation, and coastal attractions. Whether you're looking for room to grow, space to entertain, or a prime Carlsbad location, 2347 Merwin Drive presents a rare opportunity to own a spacious home in one of the area's most sought-after neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$12,770

Principal & Interest$10,088
Property Tax$1,995
Insurance$582
HOA$105
%($399,000)
%

Location

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Investment Score

7D
Est. Monthly Rent
$7,186
Monthly Cashflow

Rent − PITIA

$-5,584
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,899

Mortgage (P+I)
$10,088
Cap Rate
0.72%
Cash-on-Cash
-26.76%
DSCR

Need ≥ 1.25 for DSCR loan

0.56
Break-even Rent
$18,743

NOI (Annual)
$14,265
Price-to-Rent

Lower = better for investors

23.1

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

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

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