OFF_MARKETRisky Deal7 days on market

120 Garner Drive

120 Garner Drive, Novato, CA 94947, Novato, CA 94947
$2,448,000
Zestimate®:$2,345,100

Listing Price

Property image 1
120 Garner Drive, Novato, CA 94947
Loc: Novato, CA
Days Listed
7
Tax Assessed
$1776k
Zestimate®
$2345k
Market Rate
Lot Size
3.70 acres
Rent Estimate
$7,698/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.

7

Rancho Elementary School

K-5
1.1 mi away
5

San Jose Middle

6-8
0.8 mi away
8

Novato High School

9-12
0.8 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
2.49%
Total ROI
2.1%
Cash Flow
$-7,292/mo
DSCR
0.41
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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
2026-07-06Pending sale$2,448,000$587
2026-06-24Listed for sale$2,448,000$587
2019-11-19Sold$726,500$174
2019-02-12Sold$1,563,000$375
2019-01-25Pending sale$1,699,000$408
2019-01-11Price change$1,699,000$408
2018-11-30Listed for sale$1,750,000$420
2018-10-04Listing removed$1,895,000$455
2018-09-28Price change$1,895,000$455
2018-09-01Listed for sale$1,950,000$468
2016-12-13Sold$1,100,000$264
2016-12-01Listed for sale$0
2005-10-27Sold$1,825,000$438
1998-06-02Sold$965,000$232

Tax History

YearProperty TaxTax Assessment
2026$0$1,776,405
2025$21,635.66$1,741,578
2024$21,311.9$1,707,434
2023$20,894.58$1,673,961
2022$20,404.38$1,641,140
2021$20,382.8$1,608,961
2020$20,043.4$1,592,475
2019$16,456.6$1,300,500
2018$16,222.66$1,275,000
2017$15,936.14$1,250,000
2016$17,822.6$1,512,000
2015$16,568.02$1,651,912
2014$17,434.66$1,474,922
2013$0$1,340,839
2012$0$1,264,944
2011$0$1,331,520
2010$0$1,331,520
2009$0$1,387,000
2008$0$1,575,000
2007$0$1,861,500
2006$0$1,825,000
2005$0$1,105,417
2004$0$1,083,742
2003$0$1,063,883
2002$0$1,043,029
2001$0$1,022,580
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
5
Sq Ft
4,168
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: $2,448,000Rent Basis: Observed Comp Model ($7,698/mo)State Tax Benchmark: 0.75% (CA)Hazard Reserve: $1,224/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
1.76%

NOI: $43,118/yr

Cash-on-Cash Yield
-19.4%

On $563,040 invested

DSCR Ratio
0.28x

Negative debt coverage

5-Yr Leveraged ROI
+-2.9%

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)-$1,110/mo
Homeowner / Hazard Insurance-$1,224/mo
Vacancy Reserve (5% of rent)-$385/mo
Repairs & Maintenance (10% of rent)-$770/mo
Property Management (8% of rent)-$616/mo
Total Pure Operating Expenses-$4,105/mo
Net Investor Cash Flow
Gross Scheduled Rent+$7,698/mo
Less: Operating Expenses-$4,105/mo
Net Operating Income (NOI)+$3,593/mo
Less: Debt Service (30yr @ 6.75%)-$12,702/mo
Net Cash Flow
$-9,109/mo
$-109,307/year
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