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Corner Half-Plex Residential Property
For Sale
$594,000

1067 Rio Cidade Way, Sacramento, CA 95831

Landscaped front and rear yards offer outdoor space with room for storage or a dog run.

Property Size1,762 SF
Price / SF$337.12
Days on Market76

Property Features for 1067 Rio Cidade Way

General Information

Standard status Active
Size 1,762 SF
Property subtype Multi Family

Additional Details

Highway Access Yes

Building Details

Year Built 1987
Listing Agency: Reliant Realty Inc.
Listed By: Marc A. Caraska · License #01758555
Source: Exitrealty
Added: Jun 16 Changed: Aug 29 Last Checked: Aug 29 at 3:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Reliant Realty Inc.

Investment Insights

Based on property information with market context.

This 1,762-square-foot corner half-plex in Sacramento offers a residential income property configuration with a well-maintained interior and move-in-ready condition. Built in 1987, the home includes landscaped front and rear yards, along with exterior space that can accommodate storage or a dog run.

The property is located at 1067 Rio Cidade Way in the Dutra Bend at Riverlake area, with access to freeways, shopping, and downtown Sacramento. The seller is also including a home warranty with the sale.

Key Highlights

  • 1,762‑square‑foot corner half‑plex
  • Built in 1987
  • Landscaped front and rear yards

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
$25,877
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
4.36%
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%
$517,540 $517.5K
Cap Rate 7%
$369,671 $369.7K
Cap Rate 9%
$287,522 $287.5K
Market Conditions
NOI Build-Up for 1,762 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
$49.3K $27.96/SF
− Vacancy
−$2.2K −$1.26/SF
EGI
$47.0K $26.70/SF
− OpEx
−$21.2K −$12.02/SF
NOI
$25.9K $14.69/SF
Area
ZIP 95831
Vacancy
4.50%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
45.00%
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%
$517,540
Cap Rate 7%
$369,671
Cap Rate 9%
$287,522

Alternative Uses

Best Use
Apartment 5plus
$369.7K
$323.5K – $431.3K (±1% cap)
NOI $25,877 @ 7.0% cap · market cap 4.36%
Second Best
no second resolved use
Theoretical Best
Hotel Hospitality
$13.73M
$12.02M – $16.02M (±1% cap)
NOI $961,303 @ 7.0% cap · market cap 161.84%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Hair Salon Auto Repair Shop HVAC Service Skin Care Clinic Electrical Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

173
Businesses Nearby

Demographics for 95831, CA

43,099
Population
20,261
Households
2.1
Avg Household Size
45
Median Age
51%
College-Educated
95%
High-School Grad
7.0 sq mi
ZIP Area
6,157
Density / Sq Mi
$96,509
Median Household Income
$58,726
Median Earnings
$1,864
Median Rent
$619,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential income property - Landscaped front and rear yards offer outdoor space with room for storage or a dog run.
Where is this residential income property located?
The property is located at 1067 Rio Cidade Way Sacramento, CA.
What is the asking price?
The asking price for this property is $594,000.
What are key features of this property?
This property features: 1,762‑square‑foot corner half‑plex; Built in 1987; Landscaped front and rear yards
More about this property
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