For SaleRisky Deal42 days on market
20 Cherry Hill Lane
20 Cherry Hill Lane, Novato, CA 94945, Novato, CA 94945
$890,000
Estimate®:$880,700
Listing Price
20 Cherry Hill Lane, Novato, CA 94945
Loc: Novato, CA
Days Listed
42
Tax Assessed
$875k
Estimate®
$881k
Market Rate
Lot Size
4,334 sqft
Rent Estimate
$5,673/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
0.4 mi away
7
Sinaloa Middle School
6-8
2 mi away
10
San Marin High School
9-12
2.6 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
open concepthardwood floorsbreakfast barpendant lightingmodern interiorcraftsman detailsvaulted ceilingsdining areastaged interiornatural lightneutral palettetransitional stylekitchen island
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.55%
Total ROI
57.8%
Cash Flow
$-1,242/mo
DSCR
0.73
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,242/mo net cash flow with a 4.5% 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 |
|---|---|---|---|
| 2026-09-24 | Price change | $890,000 | $530 |
| 2026-08-14 | Listed for sale | $935,000 | $557 |
| 2022-10-05 | Listed for rent | $3,700 | $2 |
| 2021-03-24 | Listing removed | $0 | – |
| 2018-08-23 | Listing removed | $3,300 | $2 |
| 2018-08-15 | Price change | $3,300 | $2 |
| 2018-07-19 | Listed for rent | $3,500 | $2 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $875,000 |
| 2025 | $11,894.92 | $918,000 |
| 2024 | $8,647.06 | $627,731 |
| 2023 | $8,455.3 | $615,423 |
| 2022 | $7,996.78 | $603,358 |
| 2021 | $7,986.86 | $591,532 |
| 2020 | $8,122.62 | $585,470 |
| 2019 | $7,844.58 | $573,991 |
| 2018 | $7,728.74 | $562,740 |
| 2017 | $7,589.76 | $551,708 |
| 2016 | $7,057.72 | $540,893 |
| 2015 | $6,942.02 | $532,772 |
| 2014 | $6,280.98 | $522,339 |
| 2013 | $0 | $519,983 |
| 2012 | $0 | $509,790 |
| 2011 | $0 | $499,793 |
| 2010 | $0 | $478,060 |
| 2009 | $0 | $65,215 |
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