For SaleNeutral Deal120 days on market
1218 Highland Drive
1218 Highland Drive, Novato, CA 94949, Novato, CA 94949
$1,499,000
Listing Price
1218 Highland Drive, Novato, CA 94949
Loc: Novato, CA
Days Listed
120
Tax Assessed
$1032k
Lot Size
0.29 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Loma Verde Elementary School
K-5
0.9 mi away
5
San Jose Middle
6-8
0.6 mi away
8
Novato High School
9-12
1.2 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
Single Family Residence1988CentralCentral Air2 Attached Garage spaces0.29 Acres120 Days$561
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.28%
Total ROI
95.3%
Cash Flow
$61/mo
DSCR
1.01
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $61/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.3%)
- • Strong rental demand in Novato
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 |
|---|---|---|---|
| 2026-08-04 | Price change | $1,499,000 | $561 |
| 2026-07-08 | Price change | $1,599,000 | $599 |
| 2026-05-26 | Listed for sale | $1,639,000 | $614 |
| 2013-09-27 | Sold | $830,000 | $311 |
| 2013-09-02 | Pending sale | $839,000 | $314 |
| 2013-08-20 | Listed for sale | $839,000 | $314 |
| 1999-01-21 | Sold | $470,000 | $176 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $1,031,514 |
| 2025 | $13,171.14 | $1,011,292 |
| 2024 | $12,967.36 | $991,468 |
| 2023 | $12,698.92 | $972,031 |
| 2022 | $12,402.22 | $952,974 |
| 2021 | $12,388.2 | $934,296 |
| 2020 | $12,189.66 | $924,717 |
| 2019 | $11,762.6 | $906,592 |
| 2018 | $11,593.48 | $888,822 |
| 2017 | $11,387.6 | $871,398 |
| 2016 | $10,567.76 | $854,311 |
| 2015 | $10,398.48 | $841,483 |
| 2014 | $10,224.54 | $825,000 |
| 2013 | $0 | $598,332 |
| 2012 | $0 | $586,601 |
| 2011 | $0 | $575,100 |
| 2010 | $0 | $570,804 |
| 2009 | $0 | $572,162 |
| 2008 | $0 | $560,944 |
| 2007 | $0 | $549,946 |
| 2006 | $0 | $539,164 |
| 2005 | $0 | $528,594 |
| 2004 | $0 | $518,230 |
| 2003 | $0 | $508,737 |
| 2002 | $0 | $498,763 |
| 2001 | $0 | $488,987 |
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