964 Intrepid Court
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964 Intrepid Court

D

Del Mar, CA 92014

$1,250,000

Soft Appraisal Value: $1,171,200 · 6.7% above estimate

Beds

2

Baths

2.5

Sqft

1,326

Year Built

1985

Days on Market

45

Property Type

Townhouse

HOA/mo

$809

MLS ID

260008471SD

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

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About This Property

VA APPROVED! Rarely available elevated corner townhome with only one shared wall, in the highly desirable Spindrift Del Mar community. This is the largest 2 bedroom floor plan, offering an abundance of natural light thanks to its coveted corner position. This home boasts tasteful upgrades, including a beautifully remodeled kitchen with new cabinets, quartzite counters, a wine cooler, updated bathrooms, new copper plumbing, a new electrical panel, and new LVP flooring. Relax on the private deck off the living room and feel the ocean breeze. Spacious living room featuring a gas and wood-burning fireplace. The Spindrift Del Mar community, known for its timeless modern architecture, is perched just above the Flower Hill shopping and dining plaza-steps from Whole Foods, amazing restaurants, and boutique shops. It's just minutes to the beach, Del Mar Fairgrounds, and award-winning schools. This townhome offers two ensuite bedrooms, 2.5 bathrooms, 1326 sq.ft of living space, central air conditioning, and direct access to an oversized 2-car garage with epoxy floors, a work room and laundry. The HOA includes water, trash, two pools, a spa and exterior building maintenance. With all these amenities and an unbeatable location, this home is a must-see!

Mortgage Calculator

Est. Monthly Payment

$8,744

Principal & Interest$6,321
Property Tax$1,250
Insurance$365
HOA$809
%($250,000)
%

Location

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Investment Score

5D
Est. Monthly Rent
$5,165
Monthly Cashflow

Rent − PITIA

$-3,580
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,809

Mortgage (P+I)
$6,321
Cap Rate
0.49%
Cash-on-Cash
-27.88%
DSCR

Need ≥ 1.25 for DSCR loan

0.59
Break-even Rent
$12,710

NOI (Annual)
$6,137
Price-to-Rent

Lower = better for investors

20.2

* 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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