Turn-Key Sacramento Investment
For Sale
$895,000
1701 Rockrose Rd, West Sacramento, CA 95691
Great Short Term Rental in Popular Sacramento Community
Property Size2,150 SF
Lot Size0.15 Acres
Price / SF$416.28
Days on Market142
Property Features for 1701 Rockrose Rd
General Information
Standard status
Active
Property type
Short term rental properties, Multifamily properties
Size
2,150 SF
Net Rentable
2,150 SF
Total Parking Spaces
3
Elevators
No
Lot size
0.15 Acres
Investment Type
Owner User
Net Operating Income
$89,662
Building Details
Year Built
1951
Year Renovated
2024
Buildings
1
Stories
1
Units
2
Listing Agency:
Realty Of America
(916) 215-1920
Listed By:
Daniel · License #01495670
(916) 215-1920
Added: Apr 13
Investment Insights
Based on property information with market context.
This fully renovated duplex is designed as a short-term rental property. The property features modern interiors with new appliances and upgraded mechanical equipment. The larger unit includes owned solar panels. Both units are fully fenced and have private rear yards. The property is located close to Lake Tahoe for biking, hiking, boating and skiing, Golden 1 Center, The DOCO, professional baseball and basketball, and the upcoming Sac Republic Soccer 20K Stadium. It is also located minutes from Downtown Sacramento's dining, nightlife, and shopping. The property has off-street parking. The property is a dual-unit with a 3-bedroom, 2-bath unit and a 2-bedroom, 2-bath unit. The property size is 2150 square feet and is located on Rockrose Road in West Sacramento, California.
Key Highlights
- Newly Renovated. Income Producing. Great Location near Sports Arenas, Hiking, Skiing, Boating, Lake Tahoe, Downtown Sacramento, Golden 1 Arena, Sutter Health Park.
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
$27,981
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
3.13%
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%
$559,620
$559.6K
Cap Rate 7%
$399,729
$399.7K
Cap Rate 9%
$310,900
$310.9K
Market Conditions
NOI Build-Up for 2,150 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
$54.2K $25.20/SF
− Vacancy
−$3.3K −$1.54/SF
EGI
$50.9K $23.66/SF
− OpEx
−$22.9K −$10.65/SF
NOI
$28.0K $13.01/SF
Area
Yolo County, CA
Vacancy
6.10%
Lease Rate
$25.20 /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%
$559,620
Cap Rate 7%
$399,729
Cap Rate 9%
$310,900
Alternative Uses
Best Use
Apartment 5plus
$399.7K
$349.8K – $466.4K
NOI $27,981 @ 7.0% cap · market cap 3.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$580.1K
$507.6K – $676.8K
NOI $40,609 @ 7.0% cap · market cap 4.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
817
Businesses Nearby
Explore this area
Business Placement
Demographics for 95691, CA
39,849
Population
14,826
Households
2.7
Avg Household Size
37
Median Age
37%
College-Educated
89%
High-School Grad
39.0 sq mi
ZIP Area
1,022
Density / Sq Mi
$100,822
Median Household Income
$53,351
Median Earnings
$1,543
Median Rent
$532,400
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?
Short term rental property - Great Short Term Rental in Popular Sacramento Community
Where is this short term rental property located?
The property is located at 1701 Rockrose Rd West Sacramento, CA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Newly Renovated. Income Producing. Great Location near Sports Arenas, Hiking, Skiing, Boating, Lake Tahoe, Downtown Sacramento, Golden 1 Arena, Sutter Health Park.
