Duplex with Private Boat
For Sale
$1,595,000
22-22A Mooring Rd, San Rafael, CA 94901
Each townhouse-style residence has three bedrooms, its own outdoor space, and dedicated parking.
Property Size4,720 SF
Price / SF$337.92
Days on Market57
Property Features for 22-22A Mooring Rd
General Information
Standard status
Active
Size
4,720 SF
Property subtype
2 Houses on Lot
Building Details
Year Built
1974
Listing Agency:
Coldwell Banker Realty
Listed By:
John T Hendricks Jr
(415) 306-3060
Source:
Somorealty
Added: Sep 8
Changed: Nov 3
Last Checked: Nov 3 at 8:53AM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This 4,720-square-foot duplex contains two townhouse-style homes, each measuring 2,360 square feet. Both residences have three bedrooms, central heat, interior laundry, a private deck, a primary-suite balcony, and two dedicated parking spaces. Unit 22 has three full bathrooms and newer luxury vinyl plank flooring on the main level; Unit 22A has two and one-half bathrooms and an EV charger. Each home has its own boat dock along San Rafael Creek, with views of Mt. Tam.
The property is minutes from Montecito Shopping Center, Andy’s Local Market, downtown San Rafael, dining, shopping, and Highway 101 access. Built in 1974, the duplex combines separate residential spaces with individual waterfront access.
The property is minutes from Montecito Shopping Center, Andy’s Local Market, downtown San Rafael, dining, shopping, and Highway 101 access. Built in 1974, the duplex combines separate residential spaces with individual waterfront access.
Key Highlights
- Two residences, each with 2,360 square feet and three bedrooms
- Separate boat dock for each home along San Rafael Creek, with Mt. Tam views
- Each unit includes a private deck, primary‑suite balcony, and two dedicated parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,374
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,367,480
$1.4M
Cap Rate 7%
$976,771
$976.8K
Cap Rate 9%
$759,711
$759.7K
Market Conditions
NOI Build-Up for 4,720 SF
Gross rent
$132.0K $27.96/SF
− Vacancy
−$7.7K −$1.62/SF
EGI
$124.3K $26.34/SF
− OpEx
−$55.9K −$11.85/SF
NOI
$68.4K $14.49/SF
Area
Marin County, CA
Vacancy
5.80%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,367,480
Cap Rate 7%
$976,771
Cap Rate 9%
$759,711
Alternative Uses
Best Use
Multifamily LT 5
$2.26M
$1.98M – $2.64M
NOI $158,427 @ 7.0% cap · market cap 9.93%
Second Best
Apartment 5plus
$976.8K
$854.7K – $1.14M
NOI $68,374 @ 7.0% cap · market cap 4.29%
Theoretical Best
Specialty Retail
$23.06M
$20.17M – $26.90M
NOI $1,613,868 @ 7.0% cap · market cap 101.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
2,039
Businesses Nearby
Explore this area
Business Placement
Demographics for 94901, CA
43,338
Population
16,412
Households
2.6
Avg Household Size
40
Median Age
48%
College-Educated
82%
High-School Grad
13.1 sq mi
ZIP Area
3,308
Density / Sq Mi
$108,837
Median Household Income
$50,122
Median Earnings
$2,229
Median Rent
$1,369,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each townhouse-style residence has three bedrooms, its own outdoor space, and dedicated parking.
Where is this duplex located?
The property is located at 22-22A Mooring Rd San Rafael, CA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Two residences, each with 2,360 square feet and three bedrooms; Separate boat dock for each home along San Rafael Creek, with Mt. Tam views; Each unit includes a private deck, primary‑suite balcony, and two dedicated parking spaces
