
2980 Ridgefield Avenue
Ctop 80%Carlsbad, CA 92010Neighborhood: Calavera Hills
0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 6, 2026.
Pass at asking: -$5,443/mo full cashflow at 20% down, 7.43% rate.
Works at $291,314 (71% under asking), or at 99% down.
Rent $3,585/mo from 19 leases of 1–3 bed condos & townhomes within 2 mi ($3,670–$4,455).
Beds
2
Baths
2.5
Sqft
1,435
Year Built
1984
Days on Market
0
Property Type
Townhouse
HOA/mo
$523
MLS ID
PTP2608213
This property is in Carlsbad (92010). View neighborhood stats →
About This Property
Welcome to beautiful coastal Carlsbad living in the desirable community of The Cape at Calavera Hills! This beautifully updated, two-story end-unit townhome offers 2 bedrooms, 2.5 bathrooms, approximately 1,435 square feet of inviting living space, and a spacious private backyard perfect for enjoying Southern California’s indoor-outdoor lifestyle. Step inside to discover fresh paint, beautiful new flooring, and stylish updates throughout. The welcoming living room features a cozy fireplace and ceiling fan, while the adjoining dining area offers a comfortable space for gathering. The updated kitchen showcases gorgeous quartz countertops, new cabinetry, and stainless steel appliances. A convenient powder room completes the main level. Upstairs, the generously sized primary suite features a spacious walk-in closet and private bathroom. A second spacious bedroom and additional full bathroom provide comfort and flexibility. Step outside to your own private backyard retreat! Featuring a generous grassy area and shaded pergola, this wonderful outdoor space is ideal for entertaining, alfresco dining, or simply relaxing in Carlsbad’s beautiful coastal climate. Additional highlights include an attached two-car garage with laundry and access to the community swimming pool. Enjoy maintained common areas and a convenient location near Calavera Hills Community Park, offering playgrounds, tennis courts, sports fields, and recreational opportunities. Scenic hiking trails, shopping, dining, and Carlsbad’s beautiful beaches are also nearby. Beautifully updated, ideally located, and move-in ready. Welcome home!
Mortgage Calculator
Est. Monthly Payment
$7,370
Location
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Zoned Schools
Elementary
Calavera Hills Elementary · grades K-5 · Carlsbad Unified
Middle
Calavera Hills Middle · grades 6-8 · Carlsbad Unified
High
Sage Creek High · grades 9-12 · Carlsbad Unified
or Carlsbad High · grades 9-12 · Carlsbad Unified
Choice area: the district lets families here pick either school.
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$3,585
Comp Average
$3,871
2517 Via Sorbete
3bd / 2.5ba · 1,496 sqft · Townhouse
$649K
Est. $4,190/mo
2702 Via Plato
3bd / 2ba · 1,104 sqft · Townhouse
$725K
Est. $3,656/mo
3534 Ridgewood Way
2bd / 2ba · 1,112 sqft · Condo
$675K
Est. $3,385/mo
3683 Jetty Point
2bd / 2ba · 1,341 sqft · Townhouse
$830K
Est. $3,827/mo
2885 Sanford Ln
3bd / 2.5ba · 1,693 sqft · Townhouse
$935K
Est. $4,298/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Short-term not available here. Outside Carlsbad's Coastal Zone, where short-term rentals are not allowed. See the rules
Investment Score
19 leases of 1–3 bed condos & townhomes within 2 mi · $3,670–$4,455
Blended 50/50 with the zip's market median ($3,012)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$5,443/mo short at 20% down; 99% down or +$7,069/mo rent closes it.
- Break-even price
- $291,314
- Break-even rent
- $10,654/mo
- Cashflow at 35% down
- −$4,402/mo
- Down payment to break even
- 99%
- Rate to break even
- Not reachable
71% under asking
$7,069/mo above the estimate
$989,999 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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