3835 Elijah Ct

3835 Elijah Ct

D

Carmel Valley, CA 92130

$585,000
NEW — 3d on market

Beds

1

Baths

1

Sqft

704

Year Built

2002

Days on Market

3

Property Type

Condo

HOA/mo

$355

MLS ID

260007070SD

View on MLS

Description

Great opportunity to own this rarely available top-floor residence, located in the heart of highly desirable Carmel Valley. This premier unit offers a private living experience with no neighbors above you and only one shared wall, providing a level of peace and seclusion that is truly hard to find. The sun-drenched open floor plan is framed by expansive views visible right from your living area and private balcony, creating a seamless connection to the outdoors. Other features include an in-unit laundry room with full size washer and dryer, central AC and designer crown molding in the living area. Carmel Pointe has low HOA fees and wonderful amenities including a clubhouse, rec room, gym, pool and spa. Rounding out this great property is the convenience of being minutes from One Paseo and Del Mar Highlands with high end shopping and restaurants galore and minutes from Del Mar beaches and freeway access too. Request a tour today!

Mortgage Calculator

Est. Monthly Payment

$4,069

Principal & Interest$2,958
Property Tax$585
Insurance$171
HOA$355
%($117,000)
%

Investment Score

4D
Est. Monthly Rent
$2,982
Monthly Cashflow

Rent − PITI − HOA

$-1,087
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,260

Mortgage (P+I)
$2,958
Cap Rate
1.43%
Cash-on-Cash
-23.18%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.73
Break-even Rent
$5,918

NOI (Annual)
$8,372
Price-to-Rent

Lower = better for investors

16.3

* 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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