For SaleRisky Deal1 days on market
525 Malobar Drive
525 Malobar Drive, Novato, CA 94945, Novato, CA 94945
$1,245,000
Estimate®:$1,217,600
Listing Price
525 Malobar Drive, Novato, CA 94945
Loc: Novato, CA
Days Listed
1
Tax Assessed
$742k
Estimate®
$1218k
Market Rate
Lot Size
0.37 acres
Rent Estimate
$5,955/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.
7
Olive Elementary School
K-5
1.7 mi away
7
Sinaloa Middle School
6-8
3.9 mi away
10
San Marin High School
9-12
4.3 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-leveltwo-storyvertical sidingattached garagetwo-car garagepitched roofasphalt shinglespointed arched windowtapered chimneysloped lotlandscapedwooded settingsuburbansingle-family home
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.37%
Total ROI
32.1%
Cash Flow
$-2,961/mo
DSCR
0.54
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-2,961/mo net cash flow with a 3.4% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Novato, 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 |
|---|---|---|---|
| 2026-09-22 | Listed for sale | $1,245,000 | $544 |
| 2012-05-15 | Sold | $579,000 | $253 |
| 2000-08-31 | Sold | $555,000 | $243 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $741,756 |
| 2025 | $10,484.84 | $727,217 |
| 2024 | $10,302.02 | $712,962 |
| 2023 | $10,073.54 | $698,985 |
| 2022 | $9,840.86 | $685,281 |
| 2021 | $9,827.38 | $671,848 |
| 2020 | $9,683.56 | $664,963 |
| 2019 | $9,314.88 | $651,930 |
| 2018 | $8,677.84 | $639,152 |
| 2017 | $8,521.86 | $626,622 |
| 2016 | $7,921.22 | $614,335 |
| 2015 | $8,231.98 | $605,112 |
| 2014 | $7,652.16 | $593,260 |
| 2013 | $0 | $590,580 |
| 2012 | $0 | $615,473 |
| 2011 | $0 | $647,867 |
| 2010 | $0 | $647,867 |
| 2009 | $0 | $649,410 |
| 2008 | $0 | $636,678 |
| 2007 | $0 | $624,196 |
| 2006 | $0 | $611,958 |
| 2005 | $0 | $599,960 |
| 2004 | $0 | $588,200 |
| 2003 | $0 | $577,421 |
| 2002 | $0 | $566,100 |
| 2001 | $0 | $555,000 |
Similar Properties Nearby
Explore other investment opportunities in Novato.