For SaleRisky Deal6 days on market
394 Mesa Rd
394 Mesa Rd, Salinas, CA 93908, Salinas, CA 93908
$1,229,000
Estimate®:$1,185,500
Listing Price
394 Mesa Rd, Salinas, CA 93908
Loc: Salinas, CA
Days Listed
6
Tax Assessed
$1321k
Estimate®
$1186k
Market Rate
Lot Size
0.29 acres
Rent Estimate
$5,476/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.
5
Spreckels Elementary School
K-5
3 mi away
8
Buena Vista Middle School
6-8
1.8 mi away
7
Salinas High School
9-12
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
split-levelranch-stylewooden sidingattached garagesecond-story balconyfront porchwhite picket fencesuburbantraditionalmulti-storyresidentialmature treesshaded driveway
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.71%
Total ROI
17.8%
Cash Flow
$-3,601/mo
DSCR
0.44
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-3,601/mo net cash flow with a 2.7% 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 | $1,229,000 | $455 |
| 2026-09-11 | Price change | $6,200 | $2 |
| 2026-08-27 | Listed for rent | $6,600 | $2 |
| 2025-08-31 | Listing removed | $6,100 | $2 |
| 2025-08-13 | Price change | $6,100 | $2 |
| 2025-08-02 | Listed for rent | $5,600 | $2 |
| 2024-11-21 | Sold | $1,295,000 | $480 |
| 2024-10-25 | Contingent | $1,295,000 | $480 |
| 2024-10-02 | Price change | $1,295,000 | $480 |
| 2024-09-12 | Listed for sale | $1,395,000 | $517 |
| 2013-05-28 | Sold | $439,000 | $163 |
| 2012-11-23 | Listed for sale | $550,000 | $204 |
| 2004-11-24 | Sold | $825,000 | $306 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $1,320,900 |
| 2025 | $15,186.04 | $1,295,000 |
| 2024 | $5,987.88 | $529,987 |
| 2023 | $5,773.62 | $519,596 |
| 2022 | $5,806.16 | $509,409 |
| 2021 | $5,551.3 | $499,421 |
| 2020 | $5,421.98 | $494,301 |
| 2019 | $5,393.16 | $484,610 |
| 2018 | $5,319.42 | $475,108 |
| 2017 | $5,440.4 | $465,793 |
| 2016 | $5,244.44 | $456,660 |
| 2015 | $4,918.9 | $449,802 |
| 2014 | $4,918.9 | $440,992 |
| 2012 | $0 | $471,000 |
| 2011 | $0 | $535,000 |
| 2010 | $0 | $571,000 |
| 2009 | $0 | $617,000 |
| 2008 | $0 | $660,000 |
| 2007 | $0 | $858,330 |
| 2006 | $0 | $841,500 |
| 2005 | $0 | $825,000 |
| 2004 | $0 | $126,717 |
| 2003 | $0 | $123,295 |
| 2002 | $0 | $100,290 |
| 2001 | $970.96 | $98,324 |
| 2000 | $0 | $96,397 |
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