No photos available

3051 Corte Trabuco

C

Carlsbad, CA 92009

$800,000

Soft Appraisal Value: $795,900 · 0.5% above estimate

Beds

3

Baths

2.5

Sqft

1,350

Year Built

1986

Days on Market

50

Property Type

Condo

HOA/mo

$627

MLS ID

NDP2604077

This property is in Carlsbad (92009). View neighborhood stats →

About This Property

La Costa Meadowridge is a well-established condominium community known for its park-like greenbelts, and resort-style amenities (pools, spas and tennis). HOA fee includes all water. Key features of this unit: This unit has parking, parking, parking – 2 car garage, full size two car driveway (many have small or no driveway), and close to ample street parking on nearby cul-de-sac. Recently replaced dual pane vinyl windows, saving energy and limiting noise (a $30K upgrade). Updated bathrooms, fireplace facia, shaker doors, baseboards, bull nosed drywall, hallway storage, vinyl plank flooring, and kitchen including a newer deluxe LG gas stove and microwave with the vent plumbed outside the unit. Only one shared wall in the living space which is insulated and double drywalled. Note that the upstairs unit is only over the garage. Situated in the desirable Rancho La Costa area of Carlsbad, within the sought after San Marcos School District, this fully renovated end-unit condo offers modern upgrades, exceptional privacy, and coastal convenience just minutes from North County beaches, shopping, and dining.

Mortgage Calculator

Est. Monthly Payment

$5,706

Principal & Interest$4,045
Property Tax$800
Insurance$233
HOA$627
%($160,000)
%

Location

Loading map...

Investment Score

30C
Est. Monthly Rent
$4,083
Monthly Cashflow

Rent − PITIA

$-1,622
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,228

Mortgage (P+I)
$4,045
Cap Rate
1.23%
Cash-on-Cash
-24.21%
DSCR

Need ≥ 1.25 for DSCR loan

0.72
Break-even Rent
$8,275

NOI (Annual)
$9,807
Price-to-Rent

Lower = better for investors

16.3

* 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.

Get Expert AnalysisOpen Full Calculator