For SaleRisky Deal1 days on market
23016 Espada Dr
23016 Espada Dr, Salinas, CA 93908, Salinas, CA 93908
$1,598,000
Listing Price
23016 Espada Dr, Salinas, CA 93908
Loc: Salinas, CA
Days Listed
1
Tax Assessed
$1277k
Lot Size
8,808 sqft
Rent Estimate
$5,840/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.
9
Toro Park Elementary School
K-3
0.4 mi away
8
San Benancio Middle School
6-8
1 mi away
7
Salinas High School
9-12
6.1 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 facadetwo-car garagedouble wood front doorsstamped concrete drivewaylandscaped lawnevening illuminationresidentialsuburbanspacioustraditional architecturecurb appeal
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.18%
Total ROI
6.2%
Cash Flow
$-5,392/mo
DSCR
0.35
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-5,392/mo net cash flow with a 2.2% 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 |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $1,598,000 | $652 |
| 2026-09-24 | Listing removed | $0 | – |
| 2026-09-23 | Listed for sale | $1,598,000 | $652 |
| 2026-08-19 | Listing removed | $5,900 | $2 |
| 2026-07-25 | Listed for rent | $5,900 | $2 |
| 2025-01-23 | Listing removed | $5,800 | $2 |
| 2025-01-16 | Listed for rent | $5,800 | $2 |
| 2016-02-16 | Listing removed | $609,000 | $249 |
| 2016-02-06 | Listed for sale | $609,000 | $249 |
| 2004-08-31 | Sold | $935,000 | $382 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $1,277,000 |
| 2025 | $13,277.88 | $1,165,500 |
| 2024 | $13,090.62 | $1,173,000 |
| 2023 | $12,021 | $1,094,000 |
| 2022 | $11,109.46 | $985,000 |
| 2021 | $10,118.46 | $919,000 |
| 2020 | $9,600.48 | $882,000 |
| 2019 | $9,467.14 | $856,000 |
| 2018 | $8,934.1 | $809,000 |
| 2017 | $9,099.78 | $796,000 |
| 2016 | $8,776.46 | $783,000 |
| 2015 | $8,720.52 | $774,000 |
| 2014 | $7,443.58 | $670,000 |
| 2012 | $0 | $525,000 |
| 2011 | $0 | $567,974 |
| 2010 | $0 | $631,082 |
| 2009 | $0 | $684,100 |
| 2008 | $0 | $912,132 |
| 2007 | $0 | $1,013,479 |
| 2006 | $0 | $972,774 |
| 2005 | $0 | $953,700 |
| 2004 | $0 | $450,783 |
| 2003 | $0 | $442,522 |
| 2002 | $0 | $433,846 |
| 2001 | $4,384.12 | $425,340 |
| 2000 | $0 | $102,175 |
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