For SaleRisky Deal7 days on market
231 Montclair Ln
231 Montclair Ln, Salinas, CA 93906, Salinas, CA 93906
$689,000
Estimate®:$677,000
Listing Price
231 Montclair Ln, Salinas, CA 93906
Loc: Salinas, CA
Days Listed
7
Tax Assessed
$379k
Estimate®
$677k
Market Rate
Lot Size
5,150 sqft
Rent Estimate
$3,094/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.
6
New Republic Elementary School
K-5
1.1 mi away
5
Gavilan View Middle School
6-8
1.5 mi away
5
North Salinas High School
9-12
0.5 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
ranch stylesingle-storystucco exteriorattached garagesuburbanwell-maintainedlandscapeddrivewaymature treecurb appealresidentialgabled roof
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.14%
Total ROI
27.0%
Cash Flow
$-1,775/mo
DSCR
0.50
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,775/mo net cash flow with a 3.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Salinas, 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 |
|---|---|---|---|
| 2026-09-17 | Listed for sale | $689,000 | $529 |
| 2016-12-13 | Sold | $110,500 | $85 |
| 2013-03-08 | Sold | $260,000 | $200 |
| 2009-01-28 | Listing removed | $295,000 | $226 |
| 2008-10-15 | Price change | $295,000 | $226 |
| 2008-08-10 | Listed for sale | $347,000 | $266 |
| 1997-01-31 | Sold | $174,500 | $134 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $379,318 |
| 2025 | $4,553.38 | $371,881 |
| 2024 | $4,378.74 | $364,590 |
| 2023 | $4,039.28 | $357,442 |
| 2022 | $3,998.3 | $350,434 |
| 2021 | $3,929.32 | $343,564 |
| 2020 | $3,757.2 | $340,043 |
| 2019 | $3,645.44 | $333,377 |
| 2018 | $3,751.34 | $326,841 |
| 2017 | $3,788.64 | $320,434 |
| 2016 | $3,250.82 | $270,459 |
| 2015 | $3,090.82 | $266,397 |
| 2014 | $3,090.82 | $261,180 |
| 2012 | $0 | $225,000 |
| 2011 | $0 | $225,000 |
| 2010 | $0 | $220,000 |
| 2009 | $0 | $240,000 |
| 2008 | $0 | $67,769 |
| 2007 | $0 | $66,442 |
| 2006 | $0 | $65,140 |
| 2005 | $0 | $63,864 |
| 2004 | $0 | $62,613 |
| 2003 | $0 | $61,466 |
| 2002 | $0 | $60,261 |
| 2001 | $1,262.34 | $59,081 |
| 2000 | $0 | $57,922 |
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