3604 Ashby Court
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3604 Ashby Court

Ctop 80%

Carlsbad, CA 92010Neighborhood: Calavera Hills

$1,149,000
NEW — 1d
STR closed · outside Carlsbad's Coastal Zone

0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 13, 2026.

Pass at asking: -$5,930/mo full cashflow at 20% down, 7.36% rate.

Works at $373,067 (68% under asking), or at 95% down.

Rent $3,825/mo from 13 leases of 2–4 bed houses within 1 mi ($3,716–$4,295).

Beds

3

Baths

2.5

Sqft

1,362

Year Built

1988

Days on Market

1

Property Type

Duplex

HOA/mo

$94

MLS ID

ND26237135

This property is in Carlsbad (92010). View neighborhood stats →

Virtual Tour

About This Property

Welcome to this charming, turnkey and beautifully upgraded 3 bedroom, 2.5 bath home in the peaceful Trails of Calavera community. This lovely home is located within walking distance of highly acclaimed schools in the Carlsbad School District! This meticulously maintained end unit is on a quiet cul de sac with ocean views, cool ocean breezes and gorgeous sunsets. Light, bright and spacious! You will love the inviting open floor plan that features 9 foot high ceilings and offers beautiful natural light from sunrise to sunset! The warm and welcoming living room flows seamlessly into the open and airy dining room and kitchen. Complete with breakfast nook and many contemporary upgrades, this home is perfect for entertaining as well as the joys of comfortable everyday living. The large primary bedroom boasts an en suite luxury bath with dual sinks and modern enhancements for elevated living. The other remodeled upstairs bathroom is perfect for taking a relaxing spa bath. This home is thoughtfully updated throughout, and is move in ready! Recent upgrades include, newer pexA pipe plumbing throughout, roof, kitchen remodel featuring quartzite counter tops, all bathrooms, front door, LVP flooring with underlayment and baseboards, upgraded appliances, double pane windows, fencing, patio cover with trellis and OWNED solar complete with electric car charging station! Enjoy fun in the sun or just relaxing in your delightful ample sized backyard, private patio and charming garden! MUST SEE! This lovely home is just 10 minutes from the beach, and close to beautiful parks, hiking and biking trails, shopping, excellent restaurants and nightlife. Do not miss this opportunity!

Mortgage Calculator

Est. Monthly Payment

$7,917

Principal & Interest$6,339
Property Tax$1,149
Insurance$335
HOA$94
%($229,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Hope 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

1 comp found

This Property

$3,825

vs

Comp Average

$7,334

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

6C
Est. Monthly Rent
$3,825

13 leases of 2–4 bed houses within 1 mi · $3,716–$4,295

Blended 50/50 with the zip's market median ($3,729)

Monthly Cashflow

Rent − PITIA

-$4,092
Full Cashflow

Incl. vacancy, PM, maint, capex

-$5,930

What would make this work?

$5,930/mo short at 20% down; 95% down or +$7,701/mo rent closes it.

Break-even price

68% under asking

$373,067
Break-even rent

$7,701/mo above the estimate

$11,526/mo
Cashflow at 35% down
−$4,741/mo
Down payment to break even

$1,091,550 cash

95%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$6,339
Cap Rate
0.63%
Cash-on-Cash
-30.96%
DSCR

Need ≥ 1.25 for DSCR loan

0.48

NOI (Annual)
$7,212
Price-to-Rent

Lower = better for investors

25.0

* Modelled at 20% down, 7.36% 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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CCashflow−$5,930/mo