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Residential Income Property with Garage
For Sale
$770,000

1222 Jacky Drive, Santa Rosa, CA 95405

Residential income property with an attached garage and a 1978 construction date.

Property Size1,684 SF
Price / SF$457.24
Days on Market44

Property Features for 1222 Jacky Drive

General Information

Standard status Active
Size 1,684 SF
Total Parking Spaces 4
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $6,028

Amenities

Central
Garage, Attached

Building Details

Year Built 1978
Buildings 1
Stories 1
Listing Agency: Redfin Corporation
Listed By: Sarah D. Bergen · License #01221643
Source: Evrealestate
Added: Jul 18 Changed: Aug 29 Last Checked: Aug 29 at 8:15PM

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 Redfin Corporation

Investment Insights

Based on property information with market context.

This residential income property at 1222 Jacky Drive includes an attached garage and was built in 1978. The property size is listed as 1684, with no unit of measurement provided. Interior features are not identified beyond the supplied listing fields.

The property is in Santa Rosa, Sonoma County. Recorded directions follow Yulupa to Mayette to Jacky, providing the stated approach to the Jacky Drive address. The available information identifies the property as a residential income asset but does not specify unit count, layout, or tenant details.

Key Highlights

  • Property size listed as 1684
  • Attached garage
  • Built in 1978

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
$29,415
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
3.82%
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%
$588,300 $588.3K
Cap Rate 7%
$420,214 $420.2K
Cap Rate 9%
$326,833 $326.8K
Market Conditions
NOI Build-Up for 1,684 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
$56.2K $33.36/SF
− Vacancy
−$2.7K −$1.60/SF
EGI
$53.5K $31.76/SF
− OpEx
−$24.1K −$14.29/SF
NOI
$29.4K $17.47/SF
Area
Santa Rosa, CA
Vacancy
4.80%
Lease Rate
$33.36 /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%
$588,300
Cap Rate 7%
$420,214
Cap Rate 9%
$326,833

Alternative Uses

Best Use
Apartment 5plus
$420.2K
$367.7K – $490.3K (±1% cap)
NOI $29,415 @ 7.0% cap · market cap 3.82%
Second Best
no second resolved use
Theoretical Best
Multifamily LT 5
$467.9K
$409.4K – $545.9K (±1% cap)
NOI $32,751 @ 7.0% cap · market cap 4.25%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick HVAC Service Building Supply Big Box & Wholesale Store Pharmacy Electrical Service Auto Repair Shop

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

Location Intelligence

Trade Area within ½ mile

570
Businesses Nearby

Demographics for 95405, CA

22,015
Population
9,664
Households
2.3
Avg Household Size
45
Median Age
47%
College-Educated
94%
High-School Grad
5.0 sq mi
ZIP Area
4,403
Density / Sq Mi
$117,931
Median Household Income
$60,009
Median Earnings
$2,315
Median Rent
$749,700
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 - Residential income property with an attached garage and a 1978 construction date.
Where is this residential income property located?
The property is located at 1222 Jacky Drive Santa Rosa, CA.
What is the asking price?
The asking price for this property is $770,000.
What are key features of this property?
This property features: Property size listed as 1684; Attached garage; Built in 1978
More about this property
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