Residential Income
For Sale
$459,900
1211 E Main Street, Stockton, CA 95205
Built in 1920, the property offers ceiling fans, wall heating, and an off-street exterior feature.
Property Size1,792 SF
Price / SF$256.64
Days on Market48
Property Features for 1211 E Main Street
General Information
Standard status
Active
Size
1,792 SF
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
Residential
Amenities
Ceiling Fan(s)
Wall Furnace
Off Street
Building Details
Year Built
1920
Buildings
1
Stories
2
Listing Agency:
J.Peter Realtors
(209) 988-5545
Listed By:
Lindsey Hawel · License #01733951
(209) 988-5545
Source:
Evrealestate
Added: Jul 17
Changed: Aug 31
Last Checked: Sep 1 at 4:57PM
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 J.Peter Realtors
Investment Insights
Based on property information with market context.
This residential income property at 1211 E Main Street in Stockton was built in 1920. Interior features include ceiling fans and a wall furnace, while the exterior includes an off-street feature. The property size is listed as 1792.
The property is located in San Joaquin County. Directions indicate westbound travel on Main St from Airport Way.
The property is located in San Joaquin County. Directions indicate westbound travel on Main St from Airport Way.
Key Highlights
- Residential income property in Stockton, CA
- Built in 1920
- Property size listed as 1792
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
$24,443
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
5.31%
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%
$488,860
$488.9K
Cap Rate 7%
$349,186
$349.2K
Cap Rate 9%
$271,589
$271.6K
Market Conditions
NOI Build-Up for 1,792 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
$46.9K $26.16/SF
− Vacancy
−$2.4K −$1.36/SF
EGI
$44.4K $24.80/SF
− OpEx
−$20.0K −$11.16/SF
NOI
$24.4K $13.64/SF
Area
ZIP 95205
Vacancy
5.20%
Lease Rate
$26.16 /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%
$488,860
Cap Rate 7%
$349,186
Cap Rate 9%
$271,589
Alternative Uses
Best Use
Apartment 5plus
$349.2K
$305.5K – $407.4K
NOI $24,443 @ 7.0% cap · market cap 5.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$475.5K
$416.1K – $554.8K
NOI $33,288 @ 7.0% cap · market cap 7.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,171
Businesses Nearby
Explore this area
Business Placement
Demographics for 95205, CA
40,720
Population
11,722
Households
3.5
Avg Household Size
30
Median Age
5%
College-Educated
56%
High-School Grad
9.0 sq mi
ZIP Area
4,524
Density / Sq Mi
$58,138
Median Household Income
$32,253
Median Earnings
$1,264
Median Rent
$288,600
Median Home Value
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 - Built in 1920, the property offers ceiling fans, wall heating, and an off-street exterior feature.
Where is this residential income property located?
The property is located at 1211 E Main Street Stockton, CA.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: Residential income property in Stockton, CA; Built in 1920; Property size listed as 1792
