Residential Income Property with
For Sale
$399,000
Pending
110 Falcon Crest Circle, Napa, CA 94558
Residential income property featuring central air, cathedral ceilings, and an attached garage.
Property Size1,056 SF
Days on Market129
Property Features for 110 Falcon Crest Circle
General Information
Standard status
Pending
Size
1,056 SF
Total Parking Spaces
2
Property subtype
Manufactured In Park
Amenities
Central Air
Central
Built-In Electric Oven, Dishwasher, Disposal
Cathedral Ceiling(s)
Attached, Garage Door Opener
Building Details
Year Built
1984
Listed By:
Shere R. Davis · License #1251149
(707) 738-0225
Source:
Evrealestate
Added: Apr 29
Changed: Aug 30
Last Checked: Aug 31 at 1:49PM
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 Shere R. Davis
Investment Insights
Based on property information with market context.
This residential income property was built in 1984 and includes central air, central heating, cathedral ceilings, and an attached garage with a door opener. The kitchen is equipped with a built-in electric oven, dishwasher, and disposal.
The property is located at 110 Falcon Crest Circle in Napa, California. Directional access is provided via Hwy 29 and Salvador before continuing toward Oak Tree Vineyards.
The property is located at 110 Falcon Crest Circle in Napa, California. Directional access is provided via Hwy 29 and Salvador before continuing toward Oak Tree Vineyards.
Key Highlights
- Built in 1984
- Central air and central heating
- Cathedral ceilings
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
$16,848
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%
$336,960
$337.0K
Cap Rate 7%
$240,686
$240.7K
Cap Rate 9%
$187,200
$187.2K
Market Conditions
NOI Build-Up for 1,056 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
$32.3K $30.60/SF
− Vacancy
−$1.7K −$1.59/SF
EGI
$30.6K $29.01/SF
− OpEx
−$13.8K −$13.05/SF
NOI
$16.8K $15.95/SF
Area
Napa County, CA
Vacancy
5.20%
Lease Rate
$30.60 /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%
$336,960
Cap Rate 7%
$240,686
Cap Rate 9%
$187,200
Alternative Uses
Best Use
Apartment 5plus
$240.7K
$210.6K – $280.8K
NOI $16,848 @ 7.0% cap · market cap 4.22%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.13M
$1.86M – $2.49M
NOI $149,167 @ 7.0% cap · market cap 37.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
248
Businesses Nearby
Explore this area
Business Placement
Demographics for 94558, CA
65,473
Population
27,402
Households
2.4
Avg Household Size
44
Median Age
38%
College-Educated
85%
High-School Grad
399.9 sq mi
ZIP Area
164
Density / Sq Mi
$109,444
Median Household Income
$51,955
Median Earnings
$2,248
Median Rent
$855,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Residential income property featuring central air, cathedral ceilings, and an attached garage.
Where is this residential income property located?
The property is located at 110 Falcon Crest Circle Napa, CA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Built in 1984; Central air and central heating; Cathedral ceilings
