For SaleNeutral Deal13 days on market
506 W Cliff Dr
506 W Cliff Dr, Santa Cruz, CA 95060, Santa Cruz, CA 95060
$8,495,000
Listing Price
506 W Cliff Dr, Santa Cruz, CA 95060
Loc: Santa Cruz, CA
Days Listed
13
Tax Assessed
$3381k
Lot Size
0.29 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Bay View Elementary School
K-5
1 mi away
9
Mission Hill Middle School
6-8
1.3 mi away
10
Santa Cruz High School
9-12
1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
MediterraneanSpanish Revivalstuccotile roofcoastalbalconyluxurylandscapedpalm treesarched entrywaypergolatwo-storyupscalegated entry
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.49%
Total ROI
100.0%
Cash Flow
$1,890/mo
DSCR
1.04
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $1,890/mo net cash flow with a 6.5% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.5%)
- • Strong rental demand in Santa Cruz
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-10 | Listed for sale | $8,495,000 | $2,330 |
| 2015-10-26 | Sold | $2,400,000 | $658 |
| 2015-09-13 | Pending sale | $2,495,000 | $684 |
| 2015-06-29 | Listed for sale | $2,495,000 | $684 |
| 2015-05-05 | Pending sale | $2,495,000 | $684 |
| 2015-05-02 | Listed for sale | $2,495,000 | $684 |
| 2014-08-22 | Listing removed | $2,750,000 | $754 |
| 2014-06-05 | Price change | $2,750,000 | $754 |
| 2014-02-22 | Listed for sale | $2,950,000 | $809 |
| 2003-11-07 | Sold | $1,600,000 | $439 |
| 2003-05-21 | Sold | $3,200,000 | $878 |
| 1999-01-04 | Sold | $1,750,000 | $480 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $3,380,644 |
| 2025 | $38,228.68 | $3,314,356 |
| 2024 | $35,716.2 | $3,249,369 |
| 2023 | $35,270.24 | $3,185,656 |
| 2022 | $34,861.9 | $3,123,192 |
| 2021 | $34,113.22 | $3,061,953 |
| 2020 | $33,837.86 | $3,030,556 |
| 2019 | $33,136.88 | $2,971,133 |
| 2018 | $31,754.6 | $2,823,476 |
| 2017 | $27,814.04 | $2,448,000 |
| 2016 | $26,224.92 | $2,400,000 |
| 2015 | $20,771.42 | $1,892,815 |
| 2014 | $20,414.76 | $1,855,737 |
| 2012 | $0 | $1,552,000 |
| 2011 | $0 | $1,616,000 |
| 2010 | $0 | $1,648,000 |
| 2009 | $0 | $1,680,000 |
| 2008 | $0 | $1,731,892 |
| 2007 | $0 | $1,697,933 |
| 2006 | $0 | $1,664,640 |
| 2005 | $0 | $1,632,000 |
| 2004 | $0 | $1,600,000 |
| 2003 | $0 | $1,894,256 |
| 2002 | $0 | $1,857,114 |
| 2001 | $0 | $1,820,700 |
| 2000 | $0 | $1,785,000 |
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