3331 Caminito Cabo Viejo
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3331 Caminito Cabo Viejo

D

Del Mar, CA 92014

$2,999,000
NEW — 0d

Soft Appraisal Value: $2,860,100 · 4.9% above estimate

Beds

3

Baths

2.5

Sqft

2,525

Year Built

1991

Days on Market

0

Property Type

Condo

HOA/mo

$1,229

MLS ID

NDP2605229

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

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About This Property

Welcome to this exceptional 3 bedroom 2.5 bath ocean view Del Mar detached home, nestled in the most ideal location within the exclusive gated community of Cabo Santa Fe. This elegant coastal remodeled retreat offers breathtaking ocean, lagoon, and Del Mar Racetrack views, creating a spectacular backdrop for everyday living. Thoughtfully designed with soaring ceilings, abundant natural light, and an open-concept floor plan, the home seamlessly blends comfort and sophistication. The spacious primary suite features a fireplace, walk-in closet, and spa-inspired bath. Multiple living and entertaining spaces offer flexibility for hosting guests or enjoying quiet evenings at home. The kitchen opens to inviting family and dining areas, all enhanced by the remarkable views. Residents enjoy resort-style amenities, including a pool & spa, all just minutes from Del Mar’s world-famous beaches, shopping, dining, golf, and the excitement of the Del Mar Thoroughbred Club. Enjoy a walkable lifestyle with the Flower Hill Promenade just steps away. Lovingly maintained by its owners, this special turn-key home offers pride of ownership throughout.

Mortgage Calculator

Est. Monthly Payment

$20,267

Principal & Interest$15,165
Property Tax$2,999
Insurance$875
HOA$1,229
%($599,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$7,733
Monthly Cashflow

Rent − PITIA

$-12,535
Full Cashflow

Incl. vacancy, PM, maint, capex

$-16,812

Mortgage (P+I)
$15,165
Cap Rate
-0.66%
Cash-on-Cash
-33.64%
DSCR

Need ≥ 1.25 for DSCR loan

0.38
Break-even Rent
$29,567

NOI (Annual)
$-19,773
Price-to-Rent

Lower = better for investors

32.3

* 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.

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