6042 Colt Place
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6042 Colt Place #303

D

Carlsbad, CA 92009

$915,000

Soft Appraisal Value: $902,200 · 1.4% above estimate

Beds

2

Baths

2

Sqft

988

Year Built

2020

Days on Market

46

Property Type

Condo

HOA/mo

$391

MLS ID

NDP2603515

This property is in Carlsbad (92009). View neighborhood stats →

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About This Property

Single level luxury living at the penthouse level - elevator access. Built in 2020 this stacked low-rise building are 'The 'Flats.' An exclusive limited number of units within Kensington At The Square Bressi Ranch, The Flats offer elevator access from garage level up to two floors of stacked units. This top floor pristine unit is a fully upgraded smart home. The split floor plan adds privacy with each bedroom suite on opposite sides of the main living space. Thoughtfully designed with a spacious great room featuring warm wood like tile flooring complemented with solid wood white shaker cabinetry. Neutral quartz countertops in kitchen and baths. Enjoy the private covered balcony with western exposure where natural light flows seamlessly from outside to inside. Two extra large bedrooms have generous closet storage and luxurious extra plush carpeting. Primary bedroom features a large walk in closet. Stacked interior laundry center along side a large walk in storage closet. The building has an external secure lobby entrance with a My2N intercom system to allow for guest and delivery access from a smartphone application. Weekly janitorial service. Paid solar. Oversized 2-car garage including a work bench, storage cabinets and 5 overhead storage racks. Garage has been equipped with e-car charging wiring - ready to install a car charger device of your choice. The garage is at entry level with an interior hallway that leads to an elevator up to the unit. ADA ramp access to building. Absolutely exquisite and unique lifestyle located in the heart of Bressi Square and Bressi Town Center - all the convenience of shopping, dining, entertainment and more! Community resort pool, bocce ball court, BBQ's, picnic tables and playground to enjoy. Minutes from Carlsbad beaches, top notch luxury golf resorts, LegoLand, outdoor outlet shopping mall, nature preserves and lagoons. Enjoy the Carlsbad lifestyle in this luxury newer construction Flat.

Mortgage Calculator

Est. Monthly Payment

$6,200

Principal & Interest$4,627
Property Tax$915
Insurance$267
HOA$391
%($183,000)
%

Location

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Investment Score

16D
Est. Monthly Rent
$3,715
Monthly Cashflow

Rent − PITIA

$-2,485
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,102

Mortgage (P+I)
$4,627
Cap Rate
0.69%
Cash-on-Cash
-26.90%
DSCR

Need ≥ 1.25 for DSCR loan

0.60
Break-even Rent
$9,042

NOI (Annual)
$6,301
Price-to-Rent

Lower = better for investors

20.5

* 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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