For SaleRisky Deal4 days on market
3240 Shelter Cove Ln
3240 Shelter Cove Ln, Elk Grove, CA 95758, Elk Grove, CA 95758
$825,000
Estimate®:$810,500
Listing Price
3240 Shelter Cove Ln, Elk Grove, CA 95758
Loc: Elk Grove, CA
Days Listed
4
Tax Assessed
$619k
Estimate®
$811k
Market Rate
Lot Size
8,738 sqft
Rent Estimate
$3,262/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
Stone Lake Elementary School
K-6
0.5 mi away
7
Toby Johnson Middle School
7-8
2.4 mi away
9
Franklin High School
9-12
2.5 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
Single Family Residence1998CentralCeiling Fan(s), Central Air, Whole House Fan3 Attached Garage spaces$394 quarterly8,738 sqft4 Days$322
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.49%
Total ROI
13.0%
Cash Flow
$-2,569/mo
DSCR
0.40
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-2,569/mo net cash flow with a 2.5% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Elk Grove, CA
- • Long-term capital appreciation corridor
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 |
|---|---|---|---|
| 2026-09-19 | Listed for sale | $825,000 | $322 |
| 2019-07-31 | Sold | $555,000 | $217 |
| 2019-06-15 | Pending sale | $563,000 | $220 |
| 2019-06-07 | Price change | $563,000 | $220 |
| 2019-05-03 | Listed for sale | $575,000 | $225 |
| 1999-02-26 | Sold | $220,000 | $86 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $619,107 |
| 2025 | $6,829.68 | $606,968 |
| 2024 | $6,771.76 | $595,068 |
| 2023 | $6,588.3 | $583,401 |
| 2022 | $6,476.22 | $571,963 |
| 2021 | $6,374.88 | $560,749 |
| 2020 | $6,560.7 | $555,000 |
| 2019 | $4,591.74 | $308,993 |
| 2018 | $4,494.86 | $302,936 |
| 2017 | $4,425.34 | $296,997 |
| 2016 | $4,263.08 | $291,175 |
| 2015 | $4,156.36 | $286,802 |
| 2014 | $4,156.36 | $281,185 |
| 2013 | $0 | $279,915 |
| 2012 | $0 | $274,427 |
| 2011 | $0 | $269,047 |
| 2010 | $0 | $267,037 |
| 2008 | $0 | $262,424 |
| 2007 | $0 | $257,279 |
| 2006 | $0 | $252,235 |
| 2005 | $0 | $247,290 |
| 2004 | $0 | $242,442 |
| 2003 | $0 | $237,999 |
| 2002 | $0 | $233,333 |
| 2001 | $0 | $228,759 |
| 2000 | $0 | $224,274 |
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