3945 Shenandoah Drive

3945 Shenandoah Drive

D

Oceanside, CA 92056

$1,199,000

Soft Appraisal Value: $1,173,600 · 2.2% above estimate

Beds

4

Baths

3.5

Sqft

1,911

Year Built

1973

Days on Market

17

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2602585

Description

Enjoy relaxed coastal living in this beautifully updated, very private home featuring a resort-style backyard with a pool, spa, owned solar, ocean views, and no HOA. The main living spaces feel open and inviting with luxury vinyl plank flooring throughout and an easy flow between the kitchen, dining, and living areas. The living room offers a fireplace and surround sound, while the kitchen is equipped with granite countertops, stainless steel appliances, and bar seating that connects comfortably to the living space. The adjacent family room opens with a sliding door to the yard, where the BBQ island and patio overlook the pool creating a seamless indoor-outdoor connection ideal for entertaining. Remodeled half bath completes the main level. Upstairs offers three bedrooms and two updated bathrooms. Two bedrooms share a Jack-and-Jill bath, while the third is served by a separate hall bathroom. Two of the bedrooms open to a spacious deck where you can enjoy mountain and ocean views on clear days. The primary suite provides a private retreat with direct access to the backyard and pool, along with a beautifully remodeled bathroom featuring dual sinks and a walk-in shower. The backyard is designed for both relaxing and entertaining with a multi-level layout, pool and spa, and a covered patio with a BBQ island, all surrounded by mature landscaping. The pool includes a pebble finish, saltwater system, recently replaced pool vacuum, and solar heating. Additional improvements and features include owned solar, air conditioning, newer windows, interior and exterior paint, updated blinds, a closet organizer in the primary bedroom, ceiling fans in all bedrooms, a Ring doorbell, an Ecobee thermostat, a whole-house fan, updated fixtures, epoxy garage flooring with built-in storage, modern garage door and a finished storage area beneath the home. Conveniently located near parks, shopping, schools, and a short drive to the beach.

Mortgage Calculator

Est. Monthly Payment

$7,612

Principal & Interest$6,063
Property Tax$1,199
Insurance$350
%($239,800)
%

Investment Score

4D
Est. Monthly Rent
$5,024
Monthly Cashflow

Rent − PITIA

$-2,588
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,742

Mortgage (P+I)
$6,063
Cap Rate
1.32%
Cash-on-Cash
-23.73%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$11,183

NOI (Annual)
$15,844
Price-to-Rent

Lower = better for investors

19.9

* 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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