853 America Way
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853 America Way

D

Del Mar, CA 92014

$1,035,000

Soft Appraisal Value: $1,014,700 · 2.0% above estimate

Beds

2

Baths

1.5

Sqft

1,208

Year Built

1985

Days on Market

60

Property Type

Townhouse

HOA/mo

$773

MLS ID

NDP2601253

This property is in Del Mar (92014). View neighborhood stats →

About This Property

New Price Improvement! Beautifully upgraded Del Mar townhome in the highly sought after Spindrift community, offering exceptional coastal living and timeless design. Hardwood floors enhance the bright, open concept living and dining area complete with fireplace, creating an inviting space for everyday living & entertaining. The thoughtfully remodeled kitchen showcases custom built cabinetry, quartz countertops, marble backsplash, stainless steel appliances, accent lighting & built in wine rack. A new sliding door opens to a private deck with scenic water views of the San Dieguito River and refreshing ocean breezes. Upstairs features two spacious bedrooms with ClosetMaid built in closet organizers, including primary suite with an upgraded bath featuring updated cabinetry & quartz counters. Additional highlights include copper interior piping, central air conditioning, dual pane windows, custom window coverings, ample storage & an attached over sized one car garage with epoxy flooring, plus one additional parking space. Spindrift offers a lush, park like setting with greenbelts throughout the community, multiple pools and spas and ocean views. HOA includes water, trash, exterior maintenance including roof and deck & community landscaping. Ideally located just above Flower Hill Promenade with upscale dining, yoga, pilates and Whole Foods & just minutes to pristine Del Mar beaches, Del Mar Racetrack & coastal trails, Skyline Elementary, Earl Warren Middle School and Torrey Pines High School. Location, upgrades and move-in ready, this Del Mar townhome has it all for easy beach living. *Furniture is negotiable. Water & trash service included in HOA payment.

Mortgage Calculator

Est. Monthly Payment

$7,343

Principal & Interest$5,234
Property Tax$1,035
Insurance$302
HOA$773
%($207,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$4,033
Monthly Cashflow

Rent − PITIA

$-3,311
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,101

Mortgage (P+I)
$5,234
Cap Rate
0.15%
Cash-on-Cash
-29.57%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$10,657

NOI (Annual)
$1,595
Price-to-Rent

Lower = better for investors

21.4

* 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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