960 Woodlake Dr

960 Woodlake Dr

Ctop 80%

Cardiff-by-the-Sea, CA 92007

$1,580,000

Pass at asking: -$7,518/mo full cashflow at 20% down, 7.49% rate.

Works at $605,269 (62% under asking), or at 89% down.

Rent $6,165/mo from 13 leases of 3-bed houses within 1 mi ($5,928–$6,695).

Beds

3

Baths

2

Sqft

1,176

Year Built

1972

Days on Market

—

Property Type

Single Family

HOA/mo

$78

MLS ID

260026245SD

This property is in Cardiff-by-the-Sea (92007). View neighborhood stats →

About This Property

Capture the very best of coastal North County living in this beautifully upgraded 3-bedroom, 2-bathroom Park Place twin home. Featuring a versatile multi-level layout, the residence offers a private downstairs en suite perfect for a home office or guest quarters, an inviting primary-style upper level, and a massive stand-up attic ready for custom flex space or extra storage. This light-filled home offers an open concept, a remodeled kitchen, new flooring, and refreshed bathrooms, with major updates already done: newer roof, new A/C, newer windows, appliances and a brand-new tankless water heater. Outside, low-maintenance front hardscaping and a peaceful backyard set the stage for seamless indoor-outdoor living. Positioned directly across from the community pool and private dog park, you are just minutes from premier beaches, hiking trails, local dining, and the iconic Seaside Market. Impeccably maintained and move-in ready!

Mortgage Calculator

Est. Monthly Payment

$10,948

Principal & Interest$8,829
Property Tax$1,580
Insurance$461
HOA$78
%($316,000)
%
Loan Term

Location

Loading map...

Comparable Properties

2 comps found

This Property

$6,165

vs

Comp Average

$5,883

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

12C
Est. Monthly Rent
$6,165

13 leases of 3-bed houses within 1 mi · $5,928–$6,695

Monthly Cashflow

Rent − PITIA

-$4,783
Full Cashflow

Incl. vacancy, PM, maint, capex

-$7,518

What would make this work?

$7,518/mo short at 20% down; 89% down or +$9,764/mo rent closes it.

Break-even price

62% under asking

$605,269
Break-even rent

$9,764/mo above the estimate

$15,929/mo
Cashflow at 35% down
−$5,863/mo
Down payment to break even

$1,406,200 cash

89%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$8,829
Cap Rate
1.23%
Cash-on-Cash
-28.55%
DSCR

Need ≥ 1.25 for DSCR loan

0.56

NOI (Annual)
$19,436
Price-to-Rent

Lower = better for investors

21.4

* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

Open Full Calculator
CCashflow−$7,518/mo