2582 Del Mar Heights Road

2582 Del Mar Heights Road

D

Del Mar, CA 92014

$699,000

Beds

2

Baths

1.5

Sqft

860

Year Built

1973

Days on Market

125

Property Type

Condo

HOA/mo

$435

MLS ID

NDP2510331

Description

Step Inside this charming end unit condo that shares only one common wall with the neighbors. 2 beds, 1.5 baths and 860 sq.ft of living space in the highly desirable Del Mar Palms Community in Del Mar, CA. This lovely unit features wood plank and tile flooring throughout the living areas and bedrooms for a sleek modernized feel. Living areas flow seamlessly into the kitchen, which is furnished with grey tiled countertops, white cabinets and SS appliances providing an elegant but cozy working kitchen. Full Bathroom is finished with tiled flooring, large vanity, framed mirror and a tub/shower combo. Included is an assigned one garage space. Enjoy the beautiful courtyard area and sparkling pool. This pleasant community is located moments away from & West of I-5, walking distance to Beachside Del Mar Shopping Center, few minutes drive to the Del Mar Village, Sea Grove & Powerhouse Parks, Torrey Pines State Beach & Natural Reserve. Come by and visit our property to see how much it and Del Mar have to offer. Be the one to make it your own!

Mortgage Calculator

Est. Monthly Payment

$4,872

Principal & Interest$3,535
Property Tax$699
Insurance$204
HOA$435
%($139,800)
%

Comparable Properties

2 comps found

This Property

$3,079

vs

Comp Average

$2,763

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

5D
Est. Monthly Rent

Market Rent Estimate

$3,079
Monthly Cashflow

Rent − PITI − HOA

$-1,794
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,084

Mortgage (P+I)
$3,535
Cap Rate
0.77%
Cash-on-Cash
-15.40%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.87
Break-even Rent
$4,873

NOI (Annual)
$5,404
Price-to-Rent

Lower = better for investors

18.9

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

Get Expert AnalysisOpen Full Calculator