4529 Cove Drive

4529 Cove Drive #101

D

Carlsbad, CA 92008

$2,199,000
NEW — 5d on market

Beds

4

Baths

3.5

Sqft

2,220

Year Built

2006

Days on Market

5

Property Type

Townhouse

HOA/mo

$425

MLS ID

NDP2602569

Description

Bristol Cove Stunner!! This is a luxurious waterfront home with a double boat dock and just steps to all your favorite lagoon activities. With water views from just about every room, this home is great for entertaining, inside and out. Inside, you will find high ceilings and stunning extra-tall doors, granite countertops, stainless steel appliances in the kitchen, a Jack and Jill bathroom upstairs, and fresh paint in Alabaster White throughout. Inside, also includes fans in all the bedrooms and a built-in office space for two, perfect for "work from home" families. Outside, you will find a jacuzzi, patios, decks, and docks, all lending this home to an entertainer's dream! Situated on the Carlsbad, Agua Hedionda Lagoon, water activities are in abundance, which include boating, jet skiing, water skiing, paddle boarding, fishing and more!! This home will not disappoint!

Mortgage Calculator

Est. Monthly Payment

$14,385

Principal & Interest$11,119
Property Tax$2,199
Insurance$641
HOA$425
%($439,800)
%

Investment Score

0D
Est. Monthly Rent
$5,838
Monthly Cashflow

Rent − PITIA

$-8,546
Full Cashflow

Incl. vacancy, PM, maint, capex

$-11,722

Mortgage (P+I)
$11,119
Cap Rate
-0.33%
Cash-on-Cash
-31.98%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.41
Break-even Rent
$21,061

NOI (Annual)
$-7,227
Price-to-Rent

Lower = better for investors

31.4

* 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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