2921 Sandy Pointe
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2921 Sandy Pointe #3

D

Del Mar, CA 92014

$3,195,000

Soft Appraisal Value: $3,044,000 · 5.0% above estimate

Beds

2

Baths

2.5

Sqft

1,583

Year Built

1988

Days on Market

160

Property Type

Condo

HOA/mo

$1,200

MLS ID

250043723SD

This property is in Del Mar (92014). View neighborhood stats →

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About This Property

This easy, breezy seaside lock-and-leave ocean view residence offers a superb Del Mar location with seamless indoor-outdoor living, a wonderful deck for entertaining and relaxing, and a super convenient location for access to beaches, Del Mar village, Del Mar Racetrack, freeways, and shopping. Living areas are immaculate and move-in ready with bright clerestory windows, vaulted ceilings, and every opportunity to appoint its clean, beachy, neutral slate with your personal style and needs. A great pick for your primary or second home with community pool and 4 off-street parking spots.

Mortgage Calculator

Est. Monthly Payment

$21,483

Principal & Interest$16,156
Property Tax$3,195
Insurance$932
HOA$1,200
%($639,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$7,119
Monthly Cashflow

Rent − PITIA

$-14,364
Full Cashflow

Incl. vacancy, PM, maint, capex

$-18,664

Mortgage (P+I)
$16,156
Cap Rate
-0.94%
Cash-on-Cash
-35.05%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.33
Break-even Rent
$31,357

NOI (Annual)
$-30,094
Price-to-Rent

Lower = better for investors

37.4

* 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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