908 Caminito Madrigal
1 / 20

908 Caminito Madrigal #Unit H

C

Carlsbad, CA 92011

$839,000
NEW — 1d

Soft Appraisal Value: $820,400 · 2.3% above estimate

Beds

2

Baths

2

Sqft

1,069

Year Built

1974

Days on Market

1

Property Type

Condo

HOA/mo

$450

MLS ID

260013993SD

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

About This Property

Enjoy coastal living in the sought after Alta Mira II community of Carlsbad West, where this west facing condo captures 180 degree panoramic ocean views from nearly every window and offers refreshing coastal breezes throughout the day. The large balcony off the living room also has an ocean view. This condo sits directly above a large greenbelt for unobstructed views. This 2 bed/2 bath condo has a one car detached garage, and one non-reserved parking pass. This unit was a former model home and has beautiful Brazilian cherry laminate flooring throughout. Ideally positioned in a quiet location within the community, the residence features an open, airy feel with strong natural light. Just a few steps away you will have access to resort style amenities including a gated pool and spa, picnic area, outdoor BBQ area, and clubhouse. Conveniently located about 2.5 miles from the beach, and very close to shopping, dining and major commuter routes. This condo offers the best of coastal North County living!

Mortgage Calculator

Est. Monthly Payment

$5,776

Principal & Interest$4,242
Property Tax$839
Insurance$245
HOA$450
%($167,800)
%

Location

Loading map...

Investment Score

21D
Est. Monthly Rent
$3,614
Monthly Cashflow

Rent − PITIA

$-2,162
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,693

Mortgage (P+I)
$4,242
Cap Rate
0.79%
Cash-on-Cash
-26.41%
DSCR

Need ≥ 1.25 for DSCR loan

0.63
Break-even Rent
$8,410

NOI (Annual)
$6,595
Price-to-Rent

Lower = better for investors

19.3

* 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.

Get Expert AnalysisOpen Full Calculator