446 Carmel Creeper Pl.
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446 Carmel Creeper Pl.

C

Encinitas, CA 92024

$899,000
NEW — 3d

Soft Appraisal Value: $879,700 · 2.2% above estimate

Beds

2

Baths

2

Sqft

929

Year Built

1999

Days on Market

3

Property Type

Condo

HOA/mo

$323.9

MLS ID

260015444SD

This property is in Encinitas (92024). View neighborhood stats →

About This Property

Beautiful upper-level end-unit condo tucked away at the end of a quiet cul-de-sac within the gated community of Saxony in Encinitas. Enjoy exceptional privacy and peaceful greenbelt views from arguably the best location in the entire community. Filled with natural light, this move-in ready home features soaring vaulted ceilings, an open floor plan, a cozy fireplace, private balcony, and a beautifully updated kitchen with quartz countertops, designer backsplash, and soft-close cabinetry. Both bathrooms and the flooring have been tastefully updated, creating a clean, modern feel throughout. There is also a one car attached garage and in-unit laundry for added convenience. The resort-style Saxony community offers a sparkling pool, spa, BBQ pavilion, newly upgraded dog park, and complimentary Ting fiber internet for all residents. Ideally located less than 1.5 miles from Moonlight State Beach and downtown Encinitas, you'll love the easy access to incredible restaurants, coffee shops, shopping, and the I-5 freeway for effortless commuting. A rare opportunity to own a turnkey home in one of Encinitas' most convenient and desirable coastal locations.

Mortgage Calculator

Est. Monthly Payment

$6,031

Principal & Interest$4,546
Property Tax$899
Insurance$262
HOA$324
%($179,800)
%

Location

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Investment Score

21D
Est. Monthly Rent
$3,803
Monthly Cashflow

Rent − PITIA

$-2,228
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,852

Mortgage (P+I)
$4,546
Cap Rate
0.93%
Cash-on-Cash
-25.71%
DSCR

Need ≥ 1.25 for DSCR loan

0.63
Break-even Rent
$8,805

NOI (Annual)
$8,331
Price-to-Rent

Lower = better for investors

19.7

* 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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