370 Carmel Creeper Place

370 Carmel Creeper Place

D

Encinitas, CA 92024

$1,195,000
NEW — 5d on market

Beds

2

Baths

2.5

Sqft

1,088

Year Built

1999

Days on Market

5

Property Type

Townhouse

HOA/mo

$320.4

MLS ID

260004557SD

View on MLS

Description

Beautiful Encinitas townhouse delivers elevated coastal living just minutes from Moonlight State Beach and vibrant downtown Encinitas. Newly renovated and filled with natural light, this beautifully updated 1,088 sq. ft. home offers modern comfort in a highly desirable coastal community. The fully equipped kitchen features stainless-steel appliances, a large pantry, new counter, new cabinets and a sunlit window that brightens the space. Downstairs showcases wood flooring, while upstairs offers brand-new neutral carpeting for a fresh, contemporary feel. Expansive ceilings, upgraded light fixtures, and ceiling fans enhance the open and airy layout throughout. The inviting living room is centered around a cozy fireplace and features sliding glass doors that open to a private, fenced, low-maintenance backyard — ideal for relaxing after the beach or entertaining guests. Additional upgrades include central air conditioning and heating, plus a full-size washer and dryer for everyday convenience. The attached one-car garage is complemented by an additional assigned parking space. Residents enjoy resort-style community amenities including a pool, spa, BBQ area, and a private fenced dog park. Turnkey, stylish, and ideally located near the sand, dining, and shopping — this is Encinitas coastal living at its finest.

Mortgage Calculator

Est. Monthly Payment

$7,907

Principal & Interest$6,043
Property Tax$1,195
Insurance$349
HOA$320
%($239,000)
%

Investment Score

0D
Est. Monthly Rent

Estimated Rent

$3,183
Monthly Cashflow

Rent − PITI − HOA

$-4,724
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,452

Mortgage (P+I)
$6,043
Cap Rate
-0.41%
Cash-on-Cash
-23.72%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$7,907

NOI (Annual)
$-4,912
Price-to-Rent

Lower = better for investors

31.3

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

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