For SaleRisky Deal23 days on market
345 Homestead Ave
345 Homestead Ave, Salinas, CA 93901, Salinas, CA 93901
$686,000
Estimate®:$666,000
Listing Price
345 Homestead Ave, Salinas, CA 93901
Loc: Salinas, CA
Days Listed
23
Tax Assessed
$281k
Estimate®
$666k
Market Rate
Lot Size
7,500 sqft
Rent Estimate
$3,760/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
Mission Park Elementary School
K-6
0.4 mi away
5
Washington Middle School
7-8
0.2 mi away
7
Salinas High School
9-12
0.4 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
ranch stylesingle storybrick exteriorshingle sidingbay windowwood front doorresidentialsuburbanmid-centuryneeds landscapingcovered entrywaytraditionalfixer upperexterior lighting
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.16%
Total ROI
49.2%
Cash Flow
$-1,183/mo
DSCR
0.67
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,183/mo net cash flow with a 4.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Salinas, 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 |
|---|---|---|---|
| 2026-09-23 | Price change | $686,000 | $358 |
| 2026-09-02 | Listed for sale | $711,000 | $371 |
| 1995-05-05 | Sold | $164,000 | $86 |
| 1994-12-09 | Sold | $164,000 | $86 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $280,943 |
| 2025 | $3,382.94 | $275,435 |
| 2024 | $3,096.84 | $270,036 |
| 2023 | $2,991.18 | $264,742 |
| 2022 | $2,877.1 | $259,552 |
| 2021 | $2,762.56 | $254,463 |
| 2020 | $2,685.6 | $251,855 |
| 2019 | $2,664.12 | $246,917 |
| 2018 | $2,627.94 | $242,077 |
| 2017 | $2,628.7 | $237,332 |
| 2016 | $2,629.14 | $232,679 |
| 2015 | $2,472.46 | $229,185 |
| 2014 | $2,472.46 | $224,696 |
| 2012 | $0 | $219,297 |
| 2011 | $0 | $214,998 |
| 2010 | $0 | $213,392 |
| 2009 | $0 | $213,900 |
| 2008 | $0 | $209,707 |
| 2007 | $0 | $205,596 |
| 2006 | $0 | $201,566 |
| 2005 | $0 | $197,614 |
| 2004 | $0 | $193,740 |
| 2003 | $0 | $190,190 |
| 2002 | $0 | $186,461 |
| 2001 | $1,802.52 | $182,806 |
| 2000 | $0 | $179,222 |
Similar Properties Nearby
Explore other investment opportunities in Salinas.