637 Sparta Drive

637 Sparta Drive #A & B

D

Encinitas, CA 92024

$2,850,000
NEW — 3d on market

Beds

4

Baths

4

Sqft

2,051

Year Built

1959

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2603184

Description

Turnkey, single-story comfort in a prime North County location—your oasis awaits! This Encinitas charmer features a stunningly remodeled (2021) 3 bd 3 ba home plus a detached sleek & stylish 1 bd 1 ba ADU (Built 2017)—both delivered in true turnkey condition. Together they offer flexible space perfect for multigenerational living, guests, or supplemental income, all while maintaining excellent privacy. The private yard highlights beautiful & vibrant landscaping designed to enjoy both peaceful time outdoors or lively entertaining with family & friends. With no stairs to navigate & a serene, low-maintenance setup, this rare Encinitas gem makes everyday living feel like a retreat. NO HOA - NO MELLO ROOS

Mortgage Calculator

Est. Monthly Payment

$18,092

Principal & Interest$14,411
Property Tax$2,850
Insurance$831
%($570,000)
%

Investment Score

0D
Est. Monthly Rent
$7,553
Monthly Cashflow

Rent − PITIA

$-10,539
Full Cashflow

Incl. vacancy, PM, maint, capex

$-14,651

Mortgage (P+I)
$14,411
Cap Rate
-0.10%
Cash-on-Cash
-30.84%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.42
Break-even Rent
$26,581

NOI (Annual)
$-2,882
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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