537 Sweet Pea Place

537 Sweet Pea Place

D

Encinitas, CA 92024

$1,150,000
NEW — 2d on market

Beds

3

Baths

2.5

Sqft

1,268

Year Built

2000

Days on Market

2

Property Type

Townhouse

HOA/mo

$320

MLS ID

NDP2601950

Description

Prime Encinitas location in the desirable Saxony community! This elevated end-unit townhome offers 3 bedrooms, 3 bathrooms, and an attached 2-car garage. Ideally situated next to the YMCA and across from Coastal Roots Farm, just minutes to Moonlight Beach, downtown Encinitas, and the Coaster for convenient commuting. The open-concept floor plan features a spacious living room with a cozy fireplace, flowing seamlessly into the dining area and remodeled kitchen. Beautiful wood-look tile flooring runs throughout the main living areas, ideal for coastal living and sandy toes. The kitchen is thoughtfully updated with quartz countertops, stainless steel appliances, abundant cabinetry, and a gas range, and opens directly to the west-facing rear yard, creating effortless indoor-outdoor living and the perfect setting for sunset BBQs. All bedrooms are situated upstairs, highlighted by the primary ensuite with vaulted ceilings, dual sinks, and a sliding glass door leading to a private balcony with ocean views. Enjoy resort-style amenities including a community pool and spa — all in a prime coastal location close to beaches, shopping, dining, and transportation.

Mortgage Calculator

Est. Monthly Payment

$7,620

Principal & Interest$5,815
Property Tax$1,150
Insurance$335
HOA$320
%($230,000)
%

Investment Score

6D
Est. Monthly Rent

Market Rent Estimate

$4,952
Monthly Cashflow

Rent − PITI − HOA

$-2,668
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,765

Mortgage (P+I)
$5,815
Cap Rate
1.10%
Cash-on-Cash
-13.92%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.85
Break-even Rent
$7,620

NOI (Annual)
$12,596
Price-to-Rent

Lower = better for investors

19.4

* Defaults: 20% down, 6.5% rate, 30yr.

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