For SaleRisky Deal12 days on market
235 E Romie Ln
235 E Romie Ln, Salinas, CA 93901, Salinas, CA 93901
$765,000
Estimate®:$733,900
Listing Price
235 E Romie Ln, Salinas, CA 93901
Loc: Salinas, CA
Days Listed
12
Tax Assessed
$283k
Estimate®
$734k
Market Rate
Lot Size
7,000 sqft
Rent Estimate
$2,649/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.
3
Monterey Park Elementary School
K-6
0.4 mi away
5
Washington Middle School
7-8
0.9 mi away
7
Salinas High School
9-12
0.6 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
ranch stylesingle-storylap sidingbrick chimneybay windowsasphalt shingle roofred mulch landscapingconcrete drivewaysuburbantraditionalcozywell-maintainedcurb appealresidential
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.32%
Total ROI
9.3%
Cash Flow
$-2,490/mo
DSCR
0.37
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-2,490/mo net cash flow with a 2.3% 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 |
|---|---|---|---|
| 2026-09-11 | Listed for sale | $765,000 | $576 |
| 2022-02-21 | Listing removed | $0 | – |
| 2021-11-18 | Listed for sale | $659,500 | $497 |
| 2010-02-12 | Sold | $437,279 | $330 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $283,059 |
| 2025 | $4,318.38 | $277,510 |
| 2024 | $3,562.5 | $272,070 |
| 2023 | $3,093.12 | $266,736 |
| 2022 | $3,393.34 | $261,507 |
| 2021 | $2,859.9 | $256,381 |
| 2020 | $3,236.7 | $253,753 |
| 2019 | $3,177.26 | $248,778 |
| 2018 | $3,094.5 | $243,901 |
| 2017 | $2,952.38 | $239,119 |
| 2016 | $2,729.14 | $234,432 |
| 2015 | $2,752.82 | $230,912 |
| 2014 | $2,569.16 | $226,390 |
| 2012 | $0 | $220,950 |
| 2011 | $0 | $216,618 |
| 2010 | $0 | $48,183 |
| 2009 | $0 | $48,299 |
| 2008 | $0 | $47,353 |
| 2007 | $0 | $46,426 |
| 2006 | $0 | $45,517 |
| 2005 | $0 | $44,625 |
| 2004 | $0 | $43,751 |
| 2003 | $0 | $42,950 |
| 2002 | $0 | $42,109 |
| 2001 | $387.3 | $41,284 |
| 2000 | $0 | $40,474 |
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