3381 Sherwood Ln
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3381 Sherwood Ln

D

San Marcos, CA 92078

$889,000
NEW — 3d on market

Soft Appraisal Value: $884,200 · 0.5% above estimate

Beds

3

Baths

2.5

Sqft

1,510

Year Built

1996

Days on Market

3

Property Type

Single Family

HOA/mo

$95

MLS ID

260008444SD

This property is in San Marcos (92078). View neighborhood stats →

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About This Property

Positioned on a desirable corner lot in the California Showcase community, this 3-bedroom home offers a clean blend of thoughtful updates and elevated hillside living. The kitchen has been refreshed with newly painted cabinetry, stainless steel appliances, and a center island that opens naturally into the main living space—making it both functional and easy to live in day to day. Brand new neutral carpet runs throughout, giving the home a fresh, cohesive feel. Outside, the Tex-Cote exterior adds durability and efficiency, while Tesla solar (subscription approx. $65/month) helps keep energy costs low and predictable. Positioned to benefit from coastal airflow, the home stays noticeably cooler with less reliance on A/C. The backyard sits slightly elevated, offering added privacy and a more open feel compared to neighboring homes. Additional highlights include a spacious 2-car garage and low HOA (approx. $95/month), contributing to overall ease of ownership. Located within the highly regarded San Marcos school district, this home is well-positioned for both comfort and convenience—a move-in ready opportunity in one of the area’s most consistently sought-after neighborhoods. Brand new neutral carpet runs throughout, giving the home a fresh, cohesive feel. Outside, the Tex-Cote exterior adds durability and efficiency, while Tesla solar (subscription approx. $65/month) helps keep energy costs low and predictable. Positioned to benefit from coastal airflow, the home stays noticeably cooler with less reliance on A/C.

Mortgage Calculator

Est. Monthly Payment

$5,739

Principal & Interest$4,495
Property Tax$889
Insurance$259
HOA$95
%($177,800)
%

Location

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Investment Score

4D
Est. Monthly Rent
$3,808
Monthly Cashflow

Rent − PITIA

$-1,930
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,547

Mortgage (P+I)
$4,495
Cap Rate
1.28%
Cash-on-Cash
-23.94%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$8,414

NOI (Annual)
$11,380
Price-to-Rent

Lower = better for investors

19.5

* 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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