3855 Elijah Ct
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3855 Elijah Ct #721

C

Carmel Valley, CA 92130

$825,000
NEW — 5d

Soft Appraisal Value: $811,400 · 1.7% above estimate

Beds

2

Baths

2

Sqft

1,018

Year Built

2002

Days on Market

5

Property Type

Condo

HOA/mo

$405

MLS ID

NDP2606393

This property is in Carmel Valley (92130). View neighborhood stats →

Virtual Tour

About This Property

Come see this lovely two bedroom condo with two full baths in the heart of Carmel Valley! This home features a spacious kitchen with slab granite counters, beautiful mosaic stacked stone wall treatment, maple cabinetry, stainless appliances, a breakfast bar, and a new sink and faucet. You'll love the bright open floor plan with 9-ft ceilings, plantation shutters, luxury plank vinyl flooring and fresh paint throughout. The home offers two spacious bedrooms each with walk-in closets with built-ins. Enjoy the convenience of interior laundry with a full-sized washer and dryer. There's also a private balcony with additional storage. Includes two underground reserved parking spaces. Carmel Pointe offers a community pool and spa, a fitness center, a clubhouse with billiards table, reading area and a meeting room that can be reserved for private events. The community also offers convenient EV charging stations for residents. Close to the popular gathering spots of One Paseo and Del Mar Highlands Town Center, with restaurants, Ralphs, Cinépolis movie theatre, and lots of boutique shops. Minutes to freeways, hiking, neighborhood parks, Del Mar and Torrey Pines beaches, and Carmel Valley's top-rated schools. Welcome home!

Mortgage Calculator

Est. Monthly Payment

$5,642

Principal & Interest$4,172
Property Tax$825
Insurance$241
HOA$405
%($165,000)
%

Location

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Investment Score

19D
Est. Monthly Rent
$3,392
Monthly Cashflow

Rent − PITIA

$-2,251
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,718

Mortgage (P+I)
$4,172
Cap Rate
0.66%
Cash-on-Cash
-27.04%
DSCR

Need ≥ 1.25 for DSCR loan

0.60
Break-even Rent
$8,221

NOI (Annual)
$5,440
Price-to-Rent

Lower = better for investors

20.3

* 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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