Duplex with Private Fenced
New
For Sale
$457,000
12062 Mead, Middletown, CA 95461
Duplex built in 2021 on a level 0.33-acre lot with private fenced courtyards and separate electrical meters.
Lot Size0.33 Acres
Days on Market4
Property Features for 12062 Mead
General Information
Standard status
Active
Total Parking Spaces
4
Lot size
0.33 Acres
Property subtype
Investment
Site & Location
Road Access
Yes
Utilities to Site
Yes
Amenities
private fenced-in courtyard
metal roofing
hardscaped landscaping with irrigation
soaring ceilings
picture window
mountain view
colored concrete flooring
quartz countertops
open cabinetry
mini splits
walk-in closet
sliding glass door
large storage unit
private community swimming hole
Anderson Springs subdivision pool
Building Details
Building Size
2,169 SF
Year Built
2021
Tenancy
Multi
Listing Agency:
Timothy Toye & Associates
(707) 928-6900
Listed By:
Timothy Toye · License #01182874
(707) 928-6900
Source:
Elliman
Added: Jul 30
Changed: Jul 31
Last Checked: Aug 1 at 10:59AM
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 Timothy Toye & Associates
Investment Insights
Based on property information with market context.
Contemporary duplex constructed in 2021 offering a three-bedroom, two-bath main residence plus a separate two-bedroom, one-bath second unit. Both homes feature private fenced-in courtyards, long-lasting metal roofing, and hardscaped outdoor areas with irrigation. Interiors are designed for natural light, with soaring ceilings and picture windows built to capture mountain views.
Each unit includes efficient mini splits for heating and cooling in every bedroom and the living room (seven total). The kitchen areas feature quartz countertops and open cabinetry. Additional practical features include large storage for each unit, ample paved parking for four vehicles with space to add more, and separate electrical meters.
Set on a level 0.33-acre lot with two street frontages, this is a complete, ready-to-occupy property with a convenient rental orientation near Middletown and the Bay Area.
Each unit includes efficient mini splits for heating and cooling in every bedroom and the living room (seven total). The kitchen areas feature quartz countertops and open cabinetry. Additional practical features include large storage for each unit, ample paved parking for four vehicles with space to add more, and separate electrical meters.
Set on a level 0.33-acre lot with two street frontages, this is a complete, ready-to-occupy property with a convenient rental orientation near Middletown and the Bay Area.
Key Highlights
- Built in 2021: three‑bedroom/two‑bath plus two‑bedroom/one‑bath duplex
- Private fenced‑in courtyards for each home
- 0.33‑acre level lot with two street frontages
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.8k | $12.84 |
| − Vacancy | −$1.3k | −$0.61 |
| EGI | $26.5k | $12.23 |
| − OpEx | −$8.0k | −$3.67 |
| NOI | $18.6k | $8.56 |
2,169 SF · lease $12.84/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$265.3K
$232.1K – $309.5K
NOI $18,569 @ 7.0% cap · market cap 4.06%
Second Best
Apartment 5plus
$244.8K
$214.2K – $285.6K
NOI $17,136 @ 7.0% cap · market cap 3.75%
Theoretical Best
Office A
$870.5K
$761.7K – $1.02M
NOI $60,938 @ 7.0% cap · market cap 13.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 95461, CA
2,689
Population
1,646
Households
1.6
Avg Household Size
48
Median Age
24%
College-Educated
84%
High-School Grad
123.3 sq mi
ZIP Area
22
Density / Sq Mi
$81,830
Median Household Income
$40,308
Median Earnings
$2,192
Median Rent
$385,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex built in 2021 on a level 0.33-acre lot with private fenced courtyards and separate electrical meters.
Where is this duplex located?
The property is located at 12062 Mead Middletown, CA.
What is the asking price?
The asking price for this property is $457,000.
What are key features of this property?
This property features: Built in 2021: three‑bedroom/two‑bath plus two‑bedroom/one‑bath duplex; Private fenced‑in courtyards for each home; 0.33‑acre level lot with two street frontages
