For SaleRisky Deal68 days on market
2398 N Main St Unit A
2398 N Main St Unit A, Salinas, CA 93906, Salinas, CA 93906
$430,000
Estimate®:$422,900
Listing Price
2398 N Main St Unit A, Salinas, CA 93906
Loc: Salinas, CA
Days Listed
68
Tax Assessed
$420k
Estimate®
$423k
Market Rate
Rent Estimate
$3,328/mo
Est. Cash Flow base
Type
condo
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
La Joya Elementary School
K-5
1.1 mi away
4
John Gutierrez Middle
6-8
1.3 mi away
4
Everett Alvarez High School
9-12
2.6 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
living roomfireplacehardwood floorssliding glass doorsopen floor plannatural lightingpatio accessceiling fanspaciousranch styleneutral interiorminimalistbrick hearth
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.82%
Total ROI
85.3%
Cash Flow
$-146/mo
DSCR
0.93
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-146/mo net cash flow with a 5.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.8%)
- • Strong rental demand in Salinas
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 |
|---|---|---|---|
| 2026-09-16 | Price change | $430,000 | $346 |
| 2026-08-11 | Listed for sale | $450,000 | $362 |
| 2026-08-05 | Pending sale | $450,000 | $362 |
| 2026-08-05 | Contingent | $450,000 | $362 |
| 2026-07-17 | Listed for sale | $450,000 | $362 |
| 2020-03-26 | Sold | $287,000 | $231 |
| 2020-03-06 | Pending sale | $305,000 | $245 |
| 2020-02-16 | Listed for sale | $305,000 | $245 |
| 2017-03-30 | Sold | $227,000 | $182 |
| 2015-08-26 | Sold | $180,000 | $145 |
| 2015-06-26 | Listed for sale | $175,000 | $141 |
| 2009-06-10 | Sold | $81,000 | $65 |
| 2008-09-10 | Sold | $148,750 | $120 |
| 2005-12-30 | Sold | $379,000 | $305 |
| 1998-10-30 | Sold | $119,000 | $96 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $420,000 |
| 2025 | $4,180.38 | $313,871 |
| 2024 | $3,623.74 | $307,717 |
| 2023 | $3,338.04 | $301,685 |
| 2022 | $3,302.78 | $295,771 |
| 2021 | $3,244.36 | $289,973 |
| 2020 | $2,672.92 | $240,892 |
| 2019 | $2,590.76 | $236,170 |
| 2018 | $2,669.74 | $231,540 |
| 2017 | $2,189.58 | $183,600 |
| 2016 | $2,124.2 | $180,000 |
| 2015 | $1,007.48 | $86,783 |
| 2014 | $1,007.48 | $85,084 |
| 2012 | $0 | $83,041 |
| 2011 | $0 | $81,414 |
| 2010 | $0 | $80,807 |
| 2009 | $0 | $110,000 |
| 2008 | $0 | $262,874 |
| 2007 | $0 | $386,580 |
| 2006 | $0 | $379,000 |
| 2005 | $0 | $133,834 |
| 2004 | $0 | $131,211 |
| 2003 | $0 | $128,807 |
| 2002 | $0 | $126,283 |
| 2001 | $1,285.1 | $123,808 |
| 2000 | $0 | $121,380 |
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