3780 Highland Dr.
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3780 Highland Dr.

C

Carlsbad, CA 92008

$2,500,000

Soft Appraisal Value: $3,588,400 · 30.3% below estimate

Beds

6

Baths

6.5

Sqft

4,051

Year Built

2024

Days on Market

112

Property Type

Single Family

HOA/mo

$50

MLS ID

NDP2602529

This property is in Carlsbad (92008). View neighborhood stats →

Virtual Tour

About This Property

Price now includes plans and permits ready to build, with expanded ADU. Waiting for your finishing touches. Single Family Residence in the desirable area of Highland Dr in Carlsbad CA! Home is being sold unfinished. Enjoy $700,000 in Instant Equity & a your choice of finishes! Brand-New Coastal Home in <9 Months! Skip 18+ months of red tape. Grading, framing, and core structures are done, and fully approved plans, final revisions, and active permits will be delivered prior to close of escrow. With an estimated $800K to finish, a savvy buyer can capture over $700K in instant equity based on prevailing comps near $1,100/sq ft. Plus low interest rate three-year seller financing!!  Located just 1 mile from the coast offering luxury living with multi-generational and/or rental income potential: Main Floor: 3,028 sq ft luxury single-level primary living Lower Level: 2BR, 2BA 1023 sq ft private ADU. Garage/Workshop: Cavernous 1,744 sq ft space. Outdoor: 281 sq ft covered decks. Optional detached 15 x 30 workshop!! Financing: Skip 7%+ bank rates with a 4% Interest-Only Seller-Carry option, saving ~$60K/yr in carry costs to use on your own custom finishes. Top schools! $2,500,000 gets you permits and plans to finish your dream home in Carlsbad (Virtual images; unfinished. Active CBC/Title 24 codes apply).

Mortgage Calculator

Est. Monthly Payment

$15,921

Principal & Interest$12,641
Property Tax$2,500
Insurance$729
HOA$50
%($500,000)
%

Location

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Investment Score

1D
Est. Monthly Rent
$7,247
Monthly Cashflow

Rent − PITIA

$-8,673
Full Cashflow

Incl. vacancy, PM, maint, capex

$-12,424

Mortgage (P+I)
$12,641
Cap Rate
0.10%
Cash-on-Cash
-29.82%
DSCR

Need ≥ 1.25 for DSCR loan

0.46
Break-even Rent
$23,381

NOI (Annual)
$2,614
Price-to-Rent

Lower = better for investors

28.7

* 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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