2718 Socorro Lane

2718 Socorro Lane

D

Carlsbad, CA 92009

$1,750,000

Soft Appraisal Value: $1,704,800 · 2.7% above estimate

Beds

4

Baths

4

Sqft

1,947

Year Built

1978

Days on Market

77

Property Type

Single Family

HOA/mo

$100

MLS ID

NDP2600578

Description

This beautifully upgraded two-story home features 4 bedrooms and 4 bathrooms, offering stunning ocean and mountain views. Highlights include a remodeled chef’s kitchen with new appliances, New True Luxury vinyl flooring downstairs, solar, 2 mini-split A/C units, skylights, a new metal roof, and an indoor and outdoor fireplace. Enjoy seamless indoor-outdoor living with a spacious second-floor viewing deck, outside barbecue and entertainment center, Sonos sound system inside and out and a backyard hot tub with stunning views. Low-maintenance astro turf yard, smart app-controlled holiday lighting, 2-car finished garage, metal roof, central vac, wine fridge and a converted dining room into a pantry/laundry room, which completes this exceptional home.

Mortgage Calculator

Est. Monthly Payment

$11,209

Principal & Interest$8,849
Property Tax$1,750
Insurance$510
HOA$100
%($350,000)
%

Investment Score

0D
Est. Monthly Rent
$5,238
Monthly Cashflow

Rent − PITIA

$-5,971
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,634

Mortgage (P+I)
$8,849
Cap Rate
0.15%
Cash-on-Cash
-29.60%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.47
Break-even Rent
$16,451

NOI (Annual)
$2,579
Price-to-Rent

Lower = better for investors

27.8

* 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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