50 Kingston Ct S
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50 Kingston Ct S

Ctop 80%

Coronado, CA 92118

$1,798,888
NEW — 0d

Pass at asking: -$9,763/mo full cashflow at 20% down, 7.43% rate.

Works at $527,732 (71% under asking), or at 99% down.

Rent $6,464/mo from 11 leases of 2–4 bed condos & townhomes in 92118 ($5,158–$7,849).

Beds

3

Baths

2

Sqft

1,665

Year Built

1980

Days on Market

0

Property Type

Condo

HOA/mo

$924

MLS ID

260026803SD

This property is in Coronado (92118). Browse neighborhood analytics →

About This Property

Stunning 3BD/2BA, 1,665 sq. ft. upper-level bayfront condo offering breathtaking water views! This desirable south-facing corner residence captures beautiful sunrises & sunsets from 3 private balconies, with natural light throughout the day. The spacious living room opens to a walk-out balcony, seamlessly extending the living space outdoors. Highlights incl a private boat slip which accommodates at 41' boat and $87K in tasteful upgrades, incl an updated kitchen & secondary bath. The ultimate waterfront lifestyle! Enjoy this open floor plan filled with natural light and beautiful south-facing water views. Remodeled from top to bottom, this condo features fresh paint, new carpet, new interior doors, custom cabinetry throughout, recessed LED lighting and abundant added storage. The timeless kitchen is appointed with gorgeous Quartz countertops, LG stainless steel appliances and stylish finishes. The HOA FEE INCLUDES: complete maintenance of the the unit's boat dock, including lighting, electricity, and fresh water. There is also a mini-dock in front of the boat dock which is great for paddle boards, kayaks and other small water toys! The private 31ft boat slip accommodates a 41tft boach. Residents also enjoy access to an array of community amenities, including a community center with a full kitchen, pool, hot tub, pickleball courts, and more!

Mortgage Calculator

Est. Monthly Payment

$13,241

Principal & Interest$9,994
Property Tax$1,799
Insurance$525
HOA$924
%($359,778)
%
Loan Term

Location

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Zoned Schools

  • Middle

    Coronado Middle · grades 6-8 · Coronado Unified

  • High

    Coronado High · grades 9-12 · Coronado Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Short-term not available here. Coronado bans stays of 25 days or less in residential zones. See the rules

Investment Score

4C
Est. Monthly Rent
$6,464

11 leases of 2–4 bed condos & townhomes in 92118 · $5,158–$7,849

Blended 50/50 with the zip's market median ($6,154)

Monthly Cashflow

Rent − PITIA

-$6,777
Full Cashflow

Incl. vacancy, PM, maint, capex

-$9,763

What would make this work?

$9,763/mo short at 20% down; 99% down or +$12,680/mo rent closes it.

Break-even price

71% under asking

$527,732
Break-even rent

$12,680/mo above the estimate

$19,144/mo
Cashflow at 35% down
−$7,889/mo
Down payment to break even

$1,780,899 cash

99%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$9,994
Cap Rate
0.37%
Cash-on-Cash
-32.56%
DSCR

Need ≥ 1.25 for DSCR loan

0.49

NOI (Annual)
$6,642
Price-to-Rent

Lower = better for investors

23.2

* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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CCashflow−$9,763/mo