FOR_SALERisky Deal12 days on market

244 Dolphin Cove Ct

244 Dolphin Cove Ct, Del Mar, CA 92014, Del Mar, CA 92014
$1,599,999
Zestimate®:$1,449,600

Listing Price

Property image 1
244 Dolphin Cove Ct, Del Mar, CA 92014
Loc: Del Mar, CA
Days Listed
12
Tax Assessed
$987k
Zestimate®
$1450k
Market Rate
Rent Estimate
$6,881/mo
Est. Cash Flow base
Type
condo

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

9

Del Mar Heights Elementary School

K-6
0.7 mi away
8

Earl Warren Middle School

7-8
3.4 mi away
10

Torrey Pines High School

9-12
2.3 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
3.83%
Total ROI
8.8%
Cash Flow
$-2,984/mo
DSCR
0.63
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-14Price change$1,499,999$1,218
2026-08-26Listed for sale$1,599,999$1,299
2013-10-18Sold$789,000$640
2013-08-30Listed for sale$799,000$649
2011-12-19Listing removed$2,800$2
2011-12-08Listing removed$720,000$584
2011-12-08Listed for rent$2,800$2
2011-11-10Listed for sale$720,000$584
2011-08-05Sold$540,000$438
2011-07-03Listed for sale$575,000$467

Tax History

YearProperty TaxTax Assessment
2026$0$986,538
2025$10,300.82$967,195
2024$10,095.66$948,232
2023$9,871.72$929,640
2022$9,711.38$911,412
2021$9,351.7$893,542
2020$9,433.58$884,381
2019$9,171.56$867,041
2018$8,836.78$850,041
2017$8,668.66$833,375
2016$8,383.52$817,035
2015$8,256.88$804,763
2014$8,085.42$789,000
2013$0$550,800
2012$0$540,000
2011$0$107,082
2010$0$106,282
2009$0$106,536
2008$0$104,448
2007$0$102,400
2006$0$100,394
2005$0$98,426
2004$0$96,497
2003$0$94,730
2002$0$92,874
2001$0$91,054
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
2
Sq Ft
1,232
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $1,599,999Rent Basis: Observed Comp Model ($6,881/mo)State Tax Benchmark: 0.75% (CA)Hazard Reserve: $800/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.91%

NOI: $46,581/yr

Cash-on-Cash Yield
-14.4%

On $368,000 invested

DSCR Ratio
0.47x

Negative debt coverage

5-Yr Leveraged ROI
+22.1%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.75% of basis)-$617/mo
Homeowner / Hazard Insurance-$800/mo
Vacancy Reserve (5% of rent)-$344/mo
Repairs & Maintenance (10% of rent)-$688/mo
Property Management (8% of rent)-$550/mo
Total Pure Operating Expenses-$2,999/mo
Net Investor Cash Flow
Gross Scheduled Rent+$6,881/mo
Less: Operating Expenses-$2,999/mo
Net Operating Income (NOI)+$3,882/mo
Less: Debt Service (30yr @ 6.75%)-$8,302/mo
Net Cash Flow
$-4,420/mo
$-53,043/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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