For SaleRisky Deal0 days on market
611 Cedar Ridge Dr
611 Cedar Ridge Dr, Bakersfield, CA 93312, Bakersfield, CA 93312
$650,000
Estimate®:$646,800
Listing Price
611 Cedar Ridge Dr, Bakersfield, CA 93312
Loc: Bakersfield, CA
Days Listed
0
Tax Assessed
$357k
Estimate®
$647k
Market Rate
Lot Size
0.29 acres
Rent Estimate
$3,698/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.
6
American Elementary School
K-6
0.4 mi away
5
Rosedale Middle School
7-8
1.5 mi away
8
Liberty High School
9-12
0.3 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
Single Family Residence2001CentralCentral Air3 Garage spaces0.29 Acres0$241
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.25%
Total ROI
51.1%
Cash Flow
$-1,073/mo
DSCR
0.68
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,073/mo net cash flow with a 4.3% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Bakersfield, 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 |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $650,000 | $241 |
| 2001-11-09 | Sold | $211,500 | $78 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $356,645 |
| 2025 | $4,614.25 | $349,653 |
| 2024 | $4,552.72 | $342,798 |
| 2023 | $4,463.74 | $336,077 |
| 2022 | $4,384.62 | $329,488 |
| 2021 | $0 | $323,028 |
| 2020 | $4,201.5 | $319,717 |
| 2019 | $4,091.86 | $319,717 |
| 2018 | $4,000.51 | $307,304 |
| 2017 | $3,960.63 | $301,279 |
| 2016 | $3,879.97 | $295,372 |
| 2015 | $3,832.03 | $290,936 |
| 2014 | $3,759 | $285,238 |
| 2013 | $0 | $283,950 |
| 2012 | $3,788.84 | $278,384 |
| 2011 | $3,768.78 | $272,926 |
| 2010 | $3,710.26 | $270,888 |
| 2009 | $3,729.37 | $271,533 |
| 2008 | $3,603.46 | $266,210 |
| 2007 | $3,508.18 | $260,991 |
| 2006 | $3,394.73 | $255,874 |
| 2005 | $3,356.89 | $250,858 |
| 2004 | $3,346.32 | $250,858 |
| 2003 | $3,350.94 | $246,261 |
| 2002 | $3,350.94 | $236,700 |
| 2001 | $960.34 | $13,141 |
| 2000 | $0 | $13,141 |
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