5398 Shannon Ridge Ln
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5398 Shannon Ridge Ln

D

Carmel Valley, CA 92130

$3,349,900

Soft Appraisal Value: $3,536,100 · 5.3% below estimate

Beds

6

Baths

5

Sqft

4,687

Year Built

2003

Days on Market

96

Property Type

Single Family

HOA/mo

$52

MLS ID

250034582SD

This property is in Carmel Valley (92130). View neighborhood stats →

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About This Property

Cose distance to Grand Del Mar, Country Club & Golf Course, Close distance to CA Routh 56, & I-5, short distance to Sage Country Elementary, t 21 Tesla Solar Panels are fully paid BACK ON THE MARKET AT NO FAULT OF SELLERS OR PROPERTY. Price reduced for a lucky family to own this 4,687 SQ/F luxurious 6 Bedroom, 6 Bath where a colonial architecture meets a breathtaking unobstructed view of Sunrise and Sunset with 180 degrees Golf Corse, valley and hills, natural habitat vegetations and trees, in the Carmel Valley Posticous Lexington most desirable neighborhood. This house has an exceptional layout with an in-home office and a large Bedroom conveniently on the ground level and explore the second floor by stepping up the circular Staircase. to the Master Suit with the privet balcony facing 180 degrees of breathtaking VIEW capturing the horizon and twinkling night light. or dipping into the jacuzzi style bathtub and relax. Enjoy the pleasure of cooking and entertaining in the large kitchen with an access to the outdoor BBQ and pool area. Large granite top Island with the Cooktop makes cooking a pleasure. The open floor plan in this house is most suitable for entertainment and creating a memorable moments. All bedrooms have large walking closits and priven bathrooms.

Mortgage Calculator

Est. Monthly Payment

$21,318

Principal & Interest$16,939
Property Tax$3,350
Insurance$977
HOA$52
%($669,980)
%

Location

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Investment Score

7D
Est. Monthly Rent
$11,869
Monthly Cashflow

Rent − PITIA

$-9,449
Full Cashflow

Incl. vacancy, PM, maint, capex

$-14,970

Mortgage (P+I)
$16,939
Cap Rate
0.71%
Cash-on-Cash
-26.81%
DSCR

Need ≥ 1.25 for DSCR loan

0.56
Break-even Rent
$31,311

NOI (Annual)
$23,624
Price-to-Rent

Lower = better for investors

23.5

* 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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