1228 Sheridan Avenue
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1228 Sheridan Avenue

C

Escondido, CA 92027

$949,000

Soft Appraisal Value: $945,000 · 0.4% above estimate

Beds

3

Baths

2.5

Sqft

1,850

Year Built

1977

Days on Market

22

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2605810

This property is in Escondido (92027). View neighborhood stats →

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About This Property

Perched high upon the hill, where star-gazing and storytelling abound, this inviting home awaits you! Positioned to capture refreshing breezes and sweeping valley views, 1228 Sheridan offers a sense of openness and tranquility that is hard to find. Thoughtfully designed for comfort and flexibility, the floor plan features a desirable downstairs primary suite, an additional guest bath, and an open-concept kitchen and dining area ideal for everyday living and entertaining. Set on a sprawling 1.45-acre parcel, the possibilities are abundant. Add a dream pool, build an ADU, cultivate gardens, or simply enjoy the space, privacy, and freedom that are increasingly hard to find. Mature trees grace the property, including a magnificent pepper tree that anchors the landscape. Tangelo, Valencia, and cherimoya provide seasonal slices for the dinner table. Beyond its beauty, this property offers practical advantages as well. Located within the City of Escondido and zoned RE-20, it provides access to city services while preserving a peaceful country atmosphere. The property is also NOT located in a high fire zone, an important consideration for insurance and peace of mind. If you've been searching for room to breathe, grow, and create, all highways and hills will lead you here.

Mortgage Calculator

Est. Monthly Payment

$6,024

Principal & Interest$4,799
Property Tax$949
Insurance$277
%($189,800)
%

Location

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Investment Score

30C
Est. Monthly Rent
$4,135
Monthly Cashflow

Rent − PITIA

$-1,890
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,632

Mortgage (P+I)
$4,799
Cap Rate
1.48%
Cash-on-Cash
-22.96%
DSCR

Need ≥ 1.25 for DSCR loan

0.69
Break-even Rent
$8,851

NOI (Annual)
$14,005
Price-to-Rent

Lower = better for investors

19.1

* 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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