1508 Laurelwood Way

1508 Laurelwood Way

D

Oceanside, CA 92056

$1,110,000

Soft Appraisal Value: $1,102,800 · 0.7% above estimate

Beds

4

Baths

3

Sqft

2,427

Year Built

2022

Days on Market

54

Property Type

Single Family

HOA/mo

$190

MLS ID

PTP2601138

Description

Welcome to 1508 Laurelwood Way at Melrose Heights! Built in 2022 and thoughtfully upgraded throughout this detached home will not disappoint. The expansive open floor plan offers modern comfort and functionality, including a private downstairs bedroom with an oversized closet perfect for overnight guests or multigenerational living. Upstairs, you’ll find three additional bedrooms, an oversized loft with custom built-in cabinetry, a dedicated arts and crafts closet with custom storage, and a spacious laundry room complete with extra cabinetry and a sink. The primary suite features a custom built-in storage designed for both style and organization. Throughout the home, enjoy upgraded hardwood and tile flooring, upgraded hardware and lighting, custom blinds and window frames. Step outside to a fully fenced, low-maintenance backyard featuring turf and a patio ideal for entertaining or relaxing without the upkeep. With paid-off solar panels, EV chargers, and drip irrigation system, convenience, efficiency, and luxury truly meet at your doorstep. Don't miss the community pool and park just steps outside your door.

Mortgage Calculator

Est. Monthly Payment

$7,237

Principal & Interest$5,613
Property Tax$1,110
Insurance$324
HOA$190
%($222,000)
%

Investment Score

4D
Est. Monthly Rent
$4,870
Monthly Cashflow

Rent − PITIA

$-2,367
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,412

Mortgage (P+I)
$5,613
Cap Rate
1.30%
Cash-on-Cash
-23.85%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.67
Break-even Rent
$10,600

NOI (Annual)
$14,411
Price-to-Rent

Lower = better for investors

19.0

* 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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