Updated Condo in
For Sale
$299,900
130 Del Rio Circle #2, Vacaville, CA 95687
Updated 2-bedroom, 1.5-bath condo with modern features and community pool.
Property Size952 SF
Days on Market362
Property Features for 130 Del Rio Circle #2
General Information
Standard status
Active
Size
952 SF
Property subtype
Condominium
Amenities
Central
Dishwasher
Free Standing Electric Range
Hood Over Range
Pool, Public, Composition
Building Details
Building Size
952 SF
Year Built
1971
Stories
2
Listing Agency:
Rapisarda Real Estate
(707) 592-2852
Listed By:
Tom Rapisarda
Source:
Kw
Added: Aug 26, 2025
Changed: Aug 19
Last Checked: Aug 22 at 12:48PM
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 Rapisarda Real Estate
Investment Insights
Based on property information with market context.
This updated Vacaville condo features 2 bedrooms and 1.5 bathrooms. The move-in-ready home includes vinyl plank flooring, carpet, dual-pane windows, fresh interior paint, and light fixtures. The upgraded kitchen features white cabinetry, quartz countertops, and stainless-steel appliances, including an electric range, hood, and dishwasher. The downstairs half bath has been refreshed with a new vanity, quartz countertop, toilet, and lighting. The full upstairs bath showcases a tiled shower over the tub, a new toilet, and a modern light fixture. Ample storage is available, including a spacious under-stair closet and an additional coat closet. Residents can enjoy the community pool, covered garage, and landscaping, all covered by an HOA. The property is located near shopping, schools, and freeway access.
Key Highlights
- Move‑in ready condition with modern upgrades throughout.
- Upgraded kitchen with quartz countertops and stainless‑steel appliances.**
- Serene park‑like setting.
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
$14,326
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
4.78%
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%
$286,520
$286.5K
Cap Rate 7%
$204,657
$204.7K
Cap Rate 9%
$159,178
$159.2K
Market Conditions
NOI Build-Up for 952 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
$27.4K $28.80/SF
− Vacancy
−$1.4K −$1.44/SF
EGI
$26.0K $27.36/SF
− OpEx
−$11.7K −$12.31/SF
NOI
$14.3K $15.05/SF
Area
Vacaville, CA
Vacancy
5.00%
Lease Rate
$28.80 /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%
$286,520
Cap Rate 7%
$204,657
Cap Rate 9%
$159,178
Alternative Uses
Best Use
Apartment 5plus
$204.7K
$179.1K – $238.8K
NOI $14,326 @ 7.0% cap · market cap 4.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$280.4K
$245.3K – $327.1K
NOI $19,626 @ 7.0% cap · market cap 6.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
834
Businesses Nearby
Explore this area
Business Placement
Demographics for 95687, CA
69,837
Population
24,283
Households
2.9
Avg Household Size
39
Median Age
25%
College-Educated
90%
High-School Grad
44.6 sq mi
ZIP Area
1,566
Density / Sq Mi
$106,648
Median Household Income
$53,027
Median Earnings
$2,250
Median Rent
$583,800
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?
Apartment building - Updated 2-bedroom, 1.5-bath condo with modern features and community pool.
Where is this apartment building located?
The property is located at 130 Del Rio Circle #2 Vacaville, CA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Move‑in ready condition with modern upgrades throughout.; Upgraded kitchen with quartz countertops and stainless‑steel appliances.**; Serene park‑like setting.
