Duplex with Attached
For Sale
$741,500
Pending
2038 Terry Road, Santa Rosa, CA 95403
Two separate dwelling units provide a residential income property configuration.
Property Size1,728 SF
Days on Market200
Property Features for 2038 Terry Road
General Information
Standard status
Pending
Size
1,728 SF
Total Parking Spaces
4
Property subtype
Residential Income
Amenities
Central
Attached
Building Details
Year Built
1988
Buildings
1
Listed By:
Michael C. Williams
(650) 867-3876
Source:
Evrealestate
Added: Apr 2
Changed: Oct 11
Last Checked: Oct 16 at 6:58AM
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 Michael C. Williams
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Investment Insights
Based on property information with market context.
Built in 1988, this duplex contains 1,728 square feet and has an attached garage. The property is located at 2038 Terry Road in Santa Rosa, Sonoma County.
Key Highlights
- 1,728‑square‑foot duplex
- Built in 1988
- Attached garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,606
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$672,120
$672.1K
Cap Rate 7%
$480,086
$480.1K
Cap Rate 9%
$373,400
$373.4K
Market Conditions
NOI Build-Up for 1,728 SF
Gross rent
$50.8K $29.40/SF
− Vacancy
−$2.8K −$1.62/SF
EGI
$48.0K $27.78/SF
− OpEx
−$14.4K −$8.33/SF
NOI
$33.6K $19.45/SF
Area
Santa Rosa, CA
Vacancy
5.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$672,120
Cap Rate 7%
$480,086
Cap Rate 9%
$373,400
Alternative Uses
Best Use
Multifamily LT 5
$480.1K
$420.1K – $560.1K
NOI $33,606 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$431.2K
$377.3K – $503.1K
NOI $30,183 @ 7.0% cap · market cap 4.07%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,210
Businesses Nearby
Explore this area
Business Placement
Demographics for 95403, CA
44,705
Population
17,504
Households
2.6
Avg Household Size
39
Median Age
27%
College-Educated
87%
High-School Grad
21.5 sq mi
ZIP Area
2,079
Density / Sq Mi
$94,480
Median Household Income
$45,928
Median Earnings
$2,215
Median Rent
$651,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate dwelling units provide a residential income property configuration.
Where is this duplex located?
The property is located at 2038 Terry Road Santa Rosa, CA.
What is the asking price?
The asking price for this property is $741,500.
What are key features of this property?
This property features: 1,728‑square‑foot duplex; Built in 1988; Attached garage
