2815 New Castle Way
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2815 New Castle Way

D

Carlsbad, CA 92010

$712,500
NEW — 3d

Soft Appraisal Value: $699,800 · 1.8% above estimate

Beds

2

Baths

2

Sqft

1,112

Year Built

1986

Days on Market

3

Property Type

Condo

HOA/mo

$395

MLS ID

NDP2605357

This property is in Carlsbad (92010). View neighborhood stats →

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About This Property

Welcome to The Villas Calavera Hills, where coastal comfort meets everyday convenience. This delightful 2-bedroom, 2-bath condo offers a newly remodeled kitchen, an airy open floor plan with vaulted ceilings, and sun-filled living spaces. Gather around the cozy gas fireplace or unwind on your private outdoor patio. The home also includes an in-unit washer and dryer, a detached one-car garage with storage, and an additional assigned parking space. Perfectly located near Carlsbad Village, parks, dining, shopping, and a dog park, with Carlsbad’s stunning beaches and top-rated schools just minutes away. Assumable loan at 2.25% adds exceptional value.

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Est. Monthly Payment

$4,918

Principal & Interest$3,603
Property Tax$713
Insurance$208
HOA$395
%($142,500)
%

Location

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Investment Score

29D
Est. Monthly Rent
$3,230
Monthly Cashflow

Rent − PITIA

$-1,688
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,025

Mortgage (P+I)
$3,603
Cap Rate
0.97%
Cash-on-Cash
-25.47%
DSCR

Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$7,158

NOI (Annual)
$6,934
Price-to-Rent

Lower = better for investors

18.4

* 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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