For SaleRisky Deal0 days on market
8048 Hoopes Dr
8048 Hoopes Dr, Citrus Heights, CA 95610, Citrus Heights, CA 95610
$499,000
Estimate®:$502,100$3,100 Under Market
Listing Price
8048 Hoopes Dr, Citrus Heights, CA 95610
Loc: Citrus Heights, CA
Days Listed
0
Tax Assessed
$300k
Estimate®
$502k
1% Under Valued
Lot Size
7,841 sqft
Rent Estimate
$2,803/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
Trajan Elementary School
K-5
1 mi away
4
Louis Pasteur Fundamental Middle School
6-8
2.3 mi away
6
Casa Roble Fundamental 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
mid-century modernranch stylestucco sidingattached garageasymmetrical rooflinegabled roofspacious front lawnlarge windowssingle-storysuburbanwell-maintainedconcrete drivewaycontemporary
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.14%
Total ROI
48.8%
Cash Flow
$-868/mo
DSCR
0.66
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-868/mo net cash flow with a 4.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Citrus Heights, 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 |
|---|---|---|---|
| 2026-09-25 | Listed for sale | $499,000 | $307 |
| 2001-09-12 | Sold | $200,000 | $123 |
| 1998-03-18 | Sold | $135,000 | $83 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $299,838 |
| 2025 | $3,435.18 | $293,960 |
| 2024 | $3,401.36 | $288,197 |
| 2023 | $3,313.74 | $282,547 |
| 2022 | $3,294.94 | $277,008 |
| 2021 | $3,239.02 | $271,577 |
| 2020 | $3,178 | $268,793 |
| 2019 | $3,112.82 | $263,524 |
| 2018 | $3,075.6 | $258,358 |
| 2017 | $3,044 | $253,293 |
| 2016 | $2,842.74 | $248,327 |
| 2015 | $2,733.84 | $244,598 |
| 2014 | $2,733.84 | $239,808 |
| 2013 | $0 | $211,552 |
| 2012 | $0 | $185,573 |
| 2011 | $0 | $197,419 |
| 2010 | $0 | $214,587 |
| 2008 | $0 | $223,809 |
| 2007 | $0 | $219,421 |
| 2006 | $0 | $215,120 |
| 2005 | $0 | $210,903 |
| 2004 | $0 | $206,768 |
| 2003 | $0 | $202,980 |
| 2002 | $0 | $199,000 |
| 2001 | $0 | $143,053 |
| 2000 | $0 | $140,249 |
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