3438 Don Alberto

3438 Don Alberto

D

Carlsbad, CA 92010

$699,000

Beds

2

Baths

2

Sqft

1,513

Year Built

1973

Days on Market

44

Property Type

Manufactured

HOA/mo

$485

MLS ID

2600531SD

Description

Price Improvement! Welcome to the BEST VALUE in Rancho Carlsbad, the highly desirable 55+ community. This beautifully renovated, move in ready home is in a premium location near the golf course with sweeping views of the hills. The light filled 2 bedroom 2 bath property has been thoughtfully updated inside and out with modern finishes, new can lighting, new drywall and paint and new windows and slider door. The open concept kitchen and a flexible living room layout was designed for comfort or entertaining. Step inside to a brand new chef-inspired kitchen featuring quartz countertops, custom cabinetry, stylish backsplash, new stainless-steel appliances and an oversized island perfect for hosting family and friends. The home flows effortlessly into multiple sitting and lounge spaces giving you the freedom to arrange your furniture how you live. Both bedrooms are generously sized and the remodeled bathrooms offer beautiful upscale tilework, new fixtures, a built in vanity and a spa like feel. Outside enjoy low maintenance landscape including fruit trees, a private patio and quiet surroundings. The oversized carport has room for 2 vehicles and the large bonus room can be used for storage, an office or gym. You own the land and pay NO SPACE RENT. 433C recorded in 2002. Rancho Carlsbad offers resort style amenities including a heated pool, spa, golf, tennis, pickleball, clubhouse, garden club, fitness center, walking trails and 24 hour gated security - all just minutes from the beach, shopping and dining. Fully updated, turnkey and ready for it's new owner! Welcome to the best value in Rancho Carlsbad, the highly desirable 55+ community. This beautifully renovated, move in ready home is in a premium location near the golf course with sweeping views of the hills. The light filled 2 bedroom 2 bath property has been thoughtfully updated inside and out with modern finishes, new can lighting, new drywall and paint and new windows and slider door. The open concept kitchen and a flexible living room layout was designed for comfort or entertaining. Step inside to a brand new chef-inspired kitchen featuring quartz countertops, custom cabinetry, stylish backsplash, new stainless-steel appliances and an oversized island perfect for hosting family and friends. The home flows effortlessly into multiple sitting and lounge spaces giving you the freedom to arrange your furniture how you live. Both bedrooms are generously sized and the remodeled bathrooms offer beautiful upscale tilework, new fixtures, a built in vanity and a spa like feel. Outside enjoy low maintenance landscape including fruit trees, a private patio and quiet surroundings. The oversized carport has room for 2 vehicles and the large bonus room can be used for storage, an office or gym. You own the land and pay NO SPACE RENT. 433C recorded in 2002. Rancho Carlsbad offers resort style amenities including a heated pool, spa, golf, tennis, pickleball, clubhouse, garden club, fitness center, walking trails and 24 hour gated security - all just minutes from the beach, shopping and dining. Fully updated, turnkey and ready for it's new owner!

Mortgage Calculator

Est. Monthly Payment

$4,922

Principal & Interest$3,535
Property Tax$699
Insurance$204
HOA$485
%($139,800)
%

Investment Score

3D
Est. Monthly Rent

Zillow Rent Zestimate

$3,359
Monthly Cashflow
$-2,919

Mortgage (P+I)
$3,535
Cap Rate
1.06%
Cash-on-Cash
-25.05%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.95
Break-even Rent
$6,009

NOI (Annual)
$7,391
Price-to-Rent

Lower = better for investors

17.3

* Defaults: 20% down, 6.5% rate, 30yr.

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