For SaleRisky Deal34 days on market
118 Jessie St
118 Jessie St, Santa Cruz, CA 95060, Santa Cruz, CA 95060
$1,249,000
Listing Price
118 Jessie St, Santa Cruz, CA 95060
Loc: Santa Cruz, CA
Days Listed
34
Tax Assessed
$1290k
Lot Size
2,134 sqft
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.
5
Gault Elementary School
K-5
0.6 mi away
8
Alternative Family Education School
K-12
0.8 mi away
2
Costanoa Continuation High School
9-12
0.8 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
coastalbeachfront proximityurban-suburban mixwaterfront viewsresidential neighborhoodaerial viewresort-style locationscenicestablished communitywalkablerecreational landscapevacation vibe
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.02%
Total ROI
89.6%
Cash Flow
$-218/mo
DSCR
0.97
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-218/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • 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 |
|---|---|---|---|
| 2026-09-08 | Price change | $1,249,000 | $851 |
| 2026-08-20 | Listed for sale | $1,295,000 | $882 |
| 2024-06-25 | Sold | $1,240,000 | $845 |
| 2024-06-18 | Pending sale | $1,195,000 | $814 |
| 2024-06-10 | Contingent | $1,195,000 | $814 |
| 2024-05-28 | Listed for sale | $1,195,000 | $814 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $1,290,096 |
| 2025 | $14,950.34 | $1,264,800 |
| 2024 | $1,739.74 | $111,805 |
| 2023 | $1,723.86 | $109,613 |
| 2022 | $1,709.4 | $107,464 |
| 2021 | $1,683.16 | $105,357 |
| 2020 | $1,673.28 | $104,276 |
| 2019 | $1,630.94 | $102,231 |
| 2018 | $1,617.14 | $100,227 |
| 2017 | $1,601.76 | $98,261 |
| 2016 | $1,537.58 | $96,334 |
| 2015 | $1,406.18 | $94,887 |
| 2014 | $1,388.1 | $93,029 |
| 2012 | $0 | $90,793 |
| 2011 | $0 | $89,013 |
| 2010 | $0 | $88,348 |
| 2009 | $0 | $88,558 |
| 2008 | $0 | $86,822 |
| 2007 | $0 | $85,120 |
| 2006 | $0 | $83,451 |
| 2005 | $0 | $81,815 |
| 2004 | $0 | $80,211 |
| 2003 | $0 | $78,741 |
| 2002 | $0 | $77,197 |
| 2001 | $0 | $75,684 |
| 2000 | $0 | $74,200 |
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