For SaleRisky Deal8 days on market
129 Caribe Isle
129 Caribe Isle, Novato, CA 94949, Novato, CA 94949
$1,975,000
Estimate®:$1,889,600
Listing Price
129 Caribe Isle, Novato, CA 94949
Loc: Novato, CA
Days Listed
8
Tax Assessed
$1094k
Estimate®
$1890k
Market Rate
Lot Size
10,559 sqft
Rent Estimate
$5,568/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.
4
Hamilton Meadow Park School
K-8
2 mi away
8
Novato High School
9-12
2.8 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
waterfrontranch styleprivate dockhot tubcovered patiostucco exteriorpalm treesluxury livingoutdoor diningsunset viewlandscaped gardenmodern amenitiessingle-storyrecreational dock
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.59%
Total ROI
-6.6%
Cash Flow
$-7,632/mo
DSCR
0.26
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-7,632/mo net cash flow with a 1.6% 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 |
|---|---|---|---|
| 2026-09-16 | Listed for sale | $1,975,000 | $1,083 |
| 2014-05-06 | Sold | $875,000 | $480 |
| 2010-03-30 | Sold | $460,000 | $252 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $1,094,030 |
| 2025 | $16,211.28 | $1,072,583 |
| 2024 | $15,942.2 | $1,051,557 |
| 2023 | $13,850.04 | $1,030,942 |
| 2022 | $13,483.02 | $1,010,730 |
| 2021 | $14,189.7 | $990,920 |
| 2020 | $14,543.18 | $980,760 |
| 2019 | $14,138.62 | $961,537 |
| 2018 | $13,937.3 | $942,690 |
| 2017 | $13,693.7 | $924,210 |
| 2016 | $12,817.92 | $906,088 |
| 2015 | $12,406.72 | $892,482 |
| 2014 | $8,679.86 | $520,232 |
| 2013 | $0 | $500,320 |
| 2012 | $0 | $472,000 |
| 2011 | $0 | $485,000 |
| 2010 | $0 | $596,600 |
| 2009 | $0 | $596,600 |
| 2008 | $0 | $816,714 |
| 2007 | $0 | $800,700 |
| 2006 | $0 | $365,821 |
| 2005 | $0 | $111,923 |
| 2004 | $0 | $109,729 |
| 2003 | $0 | $107,719 |
| 2002 | $0 | $105,608 |
| 2001 | $0 | $103,537 |
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