Two-Unit Residential
For Sale
$315,000
Bayamón, Bayamon, PR 00956
House, Bayamón, Bayamón, PR
Property Size1,300 SF
Lot Size0.01 Acres
Price / SF$242.31
Days on Market24
Property Features for Bayamón
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Bedroom 5, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 3, Bedroom 1
Parking
2
Parking features
Garage
Interior features
Storage Space
Exterior features
Shopping Nearby, Grass, Recreation Nearby, Flat Lot
Lot features
Balcony
Directions
Take Autopista Jose de Diego/PR-22 W to Expreso Rio Hondo/PR-5 in Bayamon. Take exit 10 from Autopista Jose de Diego/PR-22 W. Continue on Expreso Rio Hondo/PR-5. Drive to Plaza 24 in Minillas, Av. Laurel.
Subdivision
Santa Juanita (Urbanizacion)
Standard status
Active
Size
1,300 SF
Lot size
0.01 Acres
Amenities
patio
outdoor storage area
Building Details
Year built
1970
Additional Structures
Storage
Listing Agency:
Mares Solutions
(939) 287-7097
Listed By:
Mayte Sotomayor Alonso · License #17905
(787) 782-4444
Added: Sep 2
Changed: Sep 13
Last Checked: Sep 25 at 5:06PM
MLS# 66607
Copyright © 2026 Xposure. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex contains 1,300 square feet arranged as two residential units. The larger unit includes 3 bedrooms and 2 bathrooms, while the second offers 2 bedrooms and 1 bathroom. Additional features include a spacious patio, outdoor storage area, garage, and a flat lot. Built in 1970, the property provides a defined two-unit configuration for residential occupancy or rental use.
The corner location is directly across from Bayamon Regional Hospital and includes nearby shopping and recreation. The property’s visibility also supports consideration of a commercial conversion, subject to the required permits and approvals.
The corner location is directly across from Bayamon Regional Hospital and includes nearby shopping and recreation. The property’s visibility also supports consideration of a commercial conversion, subject to the required permits and approvals.
Key Highlights
- Two residential units with 3 bedrooms and 2 bathrooms in one unit, plus 2 bedrooms and 1 bathroom in the other
- 1,300 square feet of property space
- Corner property across from Bayamon Regional Hospital
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,288
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.22%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$265,760
$265.8K
Cap Rate 7%
$189,829
$189.8K
Cap Rate 9%
$147,644
$147.6K
Market Conditions
NOI Build-Up for 1,300 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$19.9K $15.30/SF
− Vacancy
−$907 −$0.70/SF
EGI
$19.0K $14.60/SF
− OpEx
−$5.7K −$4.38/SF
NOI
$13.3K $10.22/SF
Area
San Juan, PR
Vacancy
4.56%
Lease Rate
$15.30 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$265,760
Cap Rate 7%
$189,829
Cap Rate 9%
$147,644
Alternative Uses
Best Use
Multifamily LT 5
$189.8K
$166.1K – $221.5K
NOI $13,288 @ 7.0% cap · market cap 4.22%
Second Best
Apartment 5plus
$165.3K
$144.7K – $192.9K
NOI $11,572 @ 7.0% cap · market cap 3.67%
Theoretical Best
Specialty Retail
$318.2K
$278.5K – $371.3K
NOI $22,277 @ 7.0% cap · market cap 7.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Demographics for 00956, PR
72,353
Population
31,649
Households
2.3
Avg Household Size
45
Median Age
29%
College-Educated
83%
High-School Grad
27.4 sq mi
ZIP Area
2,641
Density / Sq Mi
$28,674
Median Household Income
$21,111
Median Earnings
$645
Median Rent
$134,800
Median Home Value
Market
Vacancy Rate% for Multifamily in the U.S.
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Corner duplex with separate residential units, a patio, storage area, and garage.
Where is this duplex located?
The property is located at Bayamón Bayamon, PR.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Two residential units with 3 bedrooms and 2 bathrooms in one unit, plus 2 bedrooms and 1 bathroom in the other; 1,300 square feet of property space; Corner property across from Bayamon Regional Hospital
