7234 Santa Barbara
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7234 Santa Barbara #319

A

Carlsbad, CA 92011

$490,000
NEW — 2d

Beds

2

Baths

2

Sqft

1,440

Year Built

1977

Days on Market

2

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2510083

This property is in Carlsbad (92011). View neighborhood stats →

Virtual Tour

About This Property

Fabulous lakefront and fountain views through multiple living room windows in this beautifully maintained home in Lakeshore Gardens. The living room also boasts soaring cathedral ceilings and built-in bookshelves as well as an extended space to use as a formal dining room, secondary family room, or office. It's up to you! Engineered hardwood floors throughout emphasize the openness and flow of the home. In the kitchen, you'll enjoy solid wood cabinetry and granite counters plus an extra large island that provides convenient dining space. Stainless steel appliances all convey including wine cooler and washer / dryer. The two bedrooms are generously sized and provide ample closet space. The primary bathroom has double sinks and walk-in shower. Outdoors, the teak table and chairs on the patio off another comfortable spot to enjoy lake and fountain views. Mature plants have been well tended to match the lush landscaping and greenbelt of this 54-acre park-like setting. There is a spacious storage shed with shelves plus parking for 2 cars. Location, location, location!!! Lakeshore Gardens is just 1/4 mile from Carlsbad State Beach. There is a shopping center (grocery store, hair salon, UPS, restaurants, banks, and more) steps away from the front entrance. Lakeshore Gardens is an active 55+ community with many amenities including a heated pool and spa. The clubhouse offers a library, card room, billiard room, gym and more. Activities abound for a wide variety of interests from cards and crafts to water aerobics and zumba. Choose your favorites and enjoy!

Mortgage Calculator

Est. Monthly Payment

$3,111

Principal & Interest$2,478
Property Tax$490
Insurance$143
%($98,000)
%

Location

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Investment Score

76A
Est. Monthly Rent
$3,185
Monthly Cashflow

Rent − PITIA

+$74
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,067

Mortgage (P+I)
$2,478
Cap Rate
3.46%
Cash-on-Cash
-13.06%
DSCR

Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$4,570

NOI (Annual)
$16,933
Price-to-Rent

Lower = better for investors

12.8

* 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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