OFF_MARKETRisky Deal3 days on market

81 Santa Maria Drive

81 Santa Maria Drive, Novato, CA 94947, Novato, CA 94947
$1,298,000
Zestimate®:$1,331,200$33,200 Under Market

Listing Price

Property image 1
81 Santa Maria Drive, Novato, CA 94947
Loc: Novato, CA
Days Listed
3
Tax Assessed
$168k
Zestimate®
$1331k
2% Under Valued
Lot Size
0.28 acres
Rent Estimate
$6,284/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

Pleasant Valley Elementary School

K-5
0.5 mi away
7

Sinaloa Middle School

6-8
0.9 mi away
10

San Marin High School

9-12
1.3 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
4.36%
Total ROI
11.5%
Cash Flow
$-1,849/mo
DSCR
0.72
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-05-07Sold$1,298,000$587
2026-04-28Pending sale$1,298,000$587
2026-04-20Listed for sale$1,298,000$587
1997-06-11Sold$379,000$171

Tax History

YearProperty TaxTax Assessment
2026$0$168,167
2025$3,271.1$164,870
2024$3,197.04$161,638
2023$3,091.6$158,469
2022$3,007.14$155,363
2021$2,989.46$152,316
2020$2,953.32$150,756
2019$2,679.74$147,800
2018$2,625.12$144,902
2017$2,566.2$142,062
2016$2,402.78$139,277
2015$2,351.54$137,184
2014$2,277.5$134,498
2013$0$133,890
2012$0$131,266
2011$0$128,692
2010$0$127,731
2009$0$128,034
2008$0$125,524
2007$0$123,064
2006$0$120,650
2005$0$118,287
2004$0$115,967
2003$0$106,971
2002$0$104,874
2001$0$102,818
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
2,212
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $1,298,000Rent Basis: Observed Comp Model ($6,284/mo)State Tax Benchmark: 0.75% (CA)Hazard Reserve: $649/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.78%

NOI: $49,015/yr

Cash-on-Cash Yield
-10.7%

On $298,540 invested

DSCR Ratio
0.61x

Negative debt coverage

5-Yr Leveraged ROI
+40.9%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.75% of basis)-$105/mo
Homeowner / Hazard Insurance-$649/mo
Vacancy Reserve (5% of rent)-$314/mo
Repairs & Maintenance (10% of rent)-$628/mo
Property Management (8% of rent)-$503/mo
Total Pure Operating Expenses-$2,199/mo
Net Investor Cash Flow
Gross Scheduled Rent+$6,284/mo
Less: Operating Expenses-$2,199/mo
Net Operating Income (NOI)+$4,085/mo
Less: Debt Service (30yr @ 6.75%)-$6,735/mo
Net Cash Flow
$-2,650/mo
$-31,806/year
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