For SaleRisky Deal29 days on market
261 Redhawk Road
261 Redhawk Road, Novato, CA 94949, Novato, CA 94949
$585,000
Estimate®:$579,800
Listing Price
261 Redhawk Road, Novato, CA 94949
Loc: Novato, CA
Days Listed
29
Tax Assessed
$737k
Estimate®
$580k
Market Rate
Lot Size
1,433 sqft
Rent Estimate
$4,022/mo
Est. Cash Flow base
Type
condo
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.
6
Loma Verde Elementary School
K-5
1.4 mi away
5
San Jose Middle
6-8
2.6 mi away
8
Novato High School
9-12
3.5 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
Condominium1990Central, GasNone2 Attached Garage spaces$836 monthly29 Days$424
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.81%
Total ROI
63.3%
Cash Flow
$-692/mo
DSCR
0.77
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-692/mo net cash flow with a 4.8% 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 | Price change | $585,000 | $424 |
| 2026-08-26 | Listed for sale | $612,000 | $443 |
| 2026-07-18 | Listing removed | $645,000 | $467 |
| 2026-06-18 | Price change | $645,000 | $467 |
| 2026-05-29 | Listed for sale | $680,000 | $493 |
| 2018-03-08 | Listing removed | $3,050 | $2 |
| 2018-02-23 | Listed for rent | $3,050 | $2 |
| 2016-12-16 | Listing removed | $3,050 | $2 |
| 2015-10-07 | Listing removed | $2,995 | $2 |
| 2015-09-27 | Listed for rent | $2,995 | $2 |
| 2015-08-31 | Sold | $610,000 | $442 |
| 2015-08-10 | Listed for sale | $599,000 | $434 |
| 2005-12-08 | Sold | $635,000 | $460 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $736,538 |
| 2025 | $9,706.36 | $722,099 |
| 2024 | $9,553.9 | $707,941 |
| 2023 | $9,348.72 | $694,063 |
| 2022 | $9,134.2 | $680,455 |
| 2021 | $9,126.4 | $667,113 |
| 2020 | $8,985.34 | $660,276 |
| 2019 | $8,728.96 | $647,332 |
| 2018 | $8,354.14 | $634,644 |
| 2017 | $8,447.08 | $622,200 |
| 2016 | $7,624.54 | $610,000 |
| 2015 | $6,277.86 | $475,000 |
| 2014 | $5,454.02 | $402,190 |
| 2013 | $0 | $359,099 |
| 2012 | $0 | $342,000 |
| 2011 | $0 | $410,000 |
| 2010 | $0 | $410,000 |
| 2009 | $0 | $425,000 |
| 2008 | $0 | $660,654 |
| 2007 | $0 | $647,700 |
| 2006 | $0 | $635,000 |
| 2005 | $0 | $379,132 |
| 2004 | $0 | $371,699 |
| 2003 | $0 | $364,886 |
| 2002 | $0 | $357,735 |
| 2001 | $0 | $350,721 |
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