One-Story Duet Multifamily
For Sale
$310,000
2299 Rustic Oak Lane, Rio Vista, CA 94571
Single-level duet residence in a 55+ community with updated finishes, owned solar, and access to extensive shared amenities.
Property Size1,160 SF
Price / SF$267.24
Days on Market157
Property Features for 2299 Rustic Oak Lane
General Information
Standard status
Active
Size
1,160 SF
Total Parking Spaces
1
Property subtype
Multi Family
Additional Details
Multifamily Units
1
Amenities
clubhouse
gathering barn
tennis and pickleball courts
pool and spa
fitness center
planned activities
Building Details
Year Built
2022
Buildings
1
Stories
1
Listing Agency:
Refined Realty Group
(916) 469-3749
Listed By:
Christopher J. Saizan · License #01720913
(916) 459-0246
Source:
Exitrealty
Added: May 13
Changed: Sep 2
Last Checked: Sep 15 at 5:57AM
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 Refined Realty Group
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Investment Insights
Based on property information with market context.
Located at 2299 Rustic Oak Lane in Rio Vista, this one-story duet residence offers 1,160 square feet of living space within the Summit at Liberty 55+ active adult community. The interior includes a living room and kitchen eating area with recessed lighting, white cabinetry, granite countertops, a backsplash at the stove, stainless steel appliances, and luxury vinyl plank flooring throughout. The refrigerator, washer, and dryer are included, and push-up window blinds are installed throughout the home.
The property also features a 1-car garage and owned solar. Community amenities include a clubhouse, gathering barn, tennis and pickleball courts, pool and spa, fitness center, and planned activities. Built in 2022, the residence combines a recently constructed home with the shared recreational features of an active adult setting.
The property also features a 1-car garage and owned solar. Community amenities include a clubhouse, gathering barn, tennis and pickleball courts, pool and spa, fitness center, and planned activities. Built in 2022, the residence combines a recently constructed home with the shared recreational features of an active adult setting.
Key Highlights
- 1,160‑square‑foot one‑story duet residence
- Built in 2022 within the Summit at Liberty 55+ active adult community
- Owned solar and 1‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,603
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,060
$352.1K
Cap Rate 7%
$251,471
$251.5K
Cap Rate 9%
$195,589
$195.6K
Market Conditions
NOI Build-Up for 1,160 SF
Gross rent
$33.4K $28.80/SF
− Vacancy
−$1.4K −$1.21/SF
EGI
$32.0K $27.59/SF
− OpEx
−$14.4K −$12.42/SF
NOI
$17.6K $15.17/SF
Area
Solano County, CA
Vacancy
4.20%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,060
Cap Rate 7%
$251,471
Cap Rate 9%
$195,589
Alternative Uses
Best Use
Apartment 5plus
$251.5K
$220.0K – $293.4K
NOI $17,603 @ 7.0% cap · market cap 5.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$387.1K
$338.7K – $451.6K
NOI $27,096 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
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Business Placement
Demographics for 94571, CA
10,439
Population
5,525
Households
1.9
Avg Household Size
62
Median Age
33%
College-Educated
89%
High-School Grad
109.1 sq mi
ZIP Area
96
Density / Sq Mi
$85,212
Median Household Income
$47,586
Median Earnings
$1,444
Median Rent
$479,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Single-level duet residence in a 55+ community with updated finishes, owned solar, and access to extensive shared amenities.
Where is this multifamily property located?
The property is located at 2299 Rustic Oak Lane Rio Vista, CA.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: 1,160‑square‑foot one‑story duet residence; Built in 2022 within the Summit at Liberty 55+ active adult community; Owned solar and 1‑car garage
