1844 Sheridan Way

1844 Sheridan Way

D

San Marcos, CA 92078

$1,799,000

Soft Appraisal Value: $1,754,100 · 2.6% above estimate

Beds

5

Baths

4.5

Sqft

3,875

Year Built

2006

Days on Market

47

Property Type

Single Family

HOA/mo

$110

MLS ID

NDP2601452

Description

Be only the SECOND owner of this spacious, view-filled home designed for comfortable everyday living and effortless entertaining. Charming curb appeal welcomes you with a striking stone façade, lush landscaping, and a peaceful front entry. Step inside to a grand two-story foyer featuring a sweeping curved staircase with wrought-iron detail, opening to formal living and dining spaces. this home is an open-concept great room and chef’s kitchen with crisp white cabinetry, granite countertops, a generous center island, and stainless appliances including double ovens—perfect for gatherings large and small. Perched in the desirable Old Creek Ranch community adjacent to Carlsbad and San Elijio Hills. You can view inspection reports at : https://app.disclosures.io/link/1844-Sheridan-Way-nvgznylo Enjoy the indoor-outdoor lifestyle with direct access to the backyard retreat featuring a built-in outdoor fireplace, grassy play/pet area, and view patio—ideal for sunset dinners and weekend BBQs. A tranquil private courtyard with a soothing water feature adds a second outdoor escape. With 5 bedrooms, 4.5 baths, approx. 3,875 sq ft, a downstairs ensuite bedroom, upstairs laundry room, and a 3-car garage, this home checks all the boxes—space, function, and views in one exceptional homes around.

Mortgage Calculator

Est. Monthly Payment

$11,530

Principal & Interest$9,097
Property Tax$1,799
Insurance$525
HOA$110
%($359,800)
%

Investment Score

3D
Est. Monthly Rent
$7,310
Monthly Cashflow

Rent − PITIA

$-4,221
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,401

Mortgage (P+I)
$9,097
Cap Rate
1.13%
Cash-on-Cash
-24.68%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.63
Break-even Rent
$16,922

NOI (Annual)
$20,346
Price-to-Rent

Lower = better for investors

20.5

* 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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