3780 Highland Dr.

3780 Highland Dr.

D

Carlsbad, CA 92008

$2,795,000

Soft Appraisal Value: $2,751,600 · 1.6% above estimate

Beds

6

Baths

6.5

Sqft

4,051

Year Built

2024

Days on Market

18

Property Type

Single Family

HOA/mo

$50

MLS ID

NDP2602529

Description

Waiting for your finishing touches. Single Family Residence in the coveted area 0f Highland Dr in Carlsbad CA! The Math: Buy for $2.795M, finish for $800K, own a $4.3M or more estate. The Result: $750K+ Instant Equity (Validated by $1,060/sf area benchmark and comps). 1. Property Highlights • Living Space: 4,051 sq ft (3,151 sq ft Main + ~950 sq ft ADU). • The Design: Rare Single-Level Living (Main suite/living on one floor) with the ADU located privately below. • The Garage: Massive 2,065 sq ft (6-car) workshop/collector space. • Infrastructure: Future-proofed 400-Amp electrical service; prepped for a second detached ADU or additional garage. 2. The Strategy: Skip the Red Tape • Time Saved: 18+ months of grading, framing, and permitting are complete. • Move-In Ready: Only 6–8 months from completion. • Transparency: The existing contractor will walk the site with serious buyers to answer all technical/MEP questions. 3. Proprietary Financing • The Advantage: Skip 7%+ bank rates. • Terms: 4% Interest-Only Seller-Carry ($500K down, $2.3M note, 24-month term). • Impact: Saves ~$60K/year in carry costs, allowing those funds to be redeployed into custom finishes. 4. Coastal Lifestyle Minutes to the beach, Carlsbad Village, and I-5. Located within the award-winning Carlsbad Unified School District. *Some pictures are Virtual generated*

Mortgage Calculator

Est. Monthly Payment

$17,793

Principal & Interest$14,133
Property Tax$2,795
Insurance$815
HOA$50
%($559,000)
%

Investment Score

3D
Est. Monthly Rent
$10,502
Monthly Cashflow

Rent − PITIA

$-7,291
Full Cashflow

Incl. vacancy, PM, maint, capex

$-12,036

Mortgage (P+I)
$14,133
Cap Rate
0.90%
Cash-on-Cash
-25.84%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.59
Break-even Rent
$26,133

NOI (Annual)
$25,168
Price-to-Rent

Lower = better for investors

22.2

* 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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