Residential Income
For Sale
$259,000
247 East Seven Flags Circle, Sonoma, CA 95476
Residential income property listed for sale with a stated size of 1,248 and located in Sonoma County.
Property Size1,248 SF
Price / SF$207.53
Days on Market82
Property Features for 247 East Seven Flags Circle
General Information
Standard status
Active
Size
1,248 SF
Total Parking Spaces
2
Property subtype
Manufactured In Park
Amenities
Central Air
Central, Natural Gas
Covered
Building Details
Year Built
1973
Listed By:
John Fulton
(707) 479-6524
Source:
Evrealestate
Added: Jun 17
Changed: Aug 16
Last Checked: Sep 6 at 4:43AM
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 John Fulton
Investment Insights
Based on property information with market context.
This for-sale residential income property is listed with a stated size of 1,248 and is identified at 247 East Seven Flags Circle, Sonoma, CA 95476. The property information also classifies it within mobile home & RV park, multifamily, and residential income categories, which may be relevant for buyers evaluating intended use.
Access is described from Hwy 116 to Watmaugh Rd, then to Hermosa Parkway, and finally to 7 Flags Circle.
With limited property-specific detail provided beyond classification, address, and size, prospective buyers should verify the configuration and allowable use directly during due diligence.
Access is described from Hwy 116 to Watmaugh Rd, then to Hermosa Parkway, and finally to 7 Flags Circle.
With limited property-specific detail provided beyond classification, address, and size, prospective buyers should verify the configuration and allowable use directly during due diligence.
Key Highlights
- Residential income property in Sonoma County, listed with a stated size of 1,248
- Central Air cooling and Central natural gas heating
- Covered parking
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
$9,252
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
3.57%
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%
$185,040
$185.0K
Cap Rate 7%
$132,171
$132.2K
Cap Rate 9%
$102,800
$102.8K
Market Conditions
NOI Build-Up for 1,248 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
$18.0K $14.40/SF
− Vacancy
−$1.2K −$0.92/SF
EGI
$16.8K $13.48/SF
− OpEx
−$7.6K −$6.07/SF
NOI
$9.3K $7.41/SF
Area
Sonoma County, CA
Vacancy
6.40%
Lease Rate
$14.40 /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%
$185,040
Cap Rate 7%
$132,171
Cap Rate 9%
$102,800
Alternative Uses
Best Use
Apartment 5plus
$132.2K
$115.7K – $154.2K
NOI $9,252 @ 7.0% cap · market cap 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$338.2K
$295.9K – $394.6K
NOI $23,673 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
52
Businesses Nearby
Explore this area
Business Placement
Demographics for 95476, CA
34,575
Population
16,974
Households
2
Avg Household Size
50
Median Age
41%
College-Educated
90%
High-School Grad
107.8 sq mi
ZIP Area
321
Density / Sq Mi
$108,322
Median Household Income
$52,530
Median Earnings
$2,127
Median Rent
$882,300
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?
Mobile home & RV park - Residential income property listed for sale with a stated size of 1,248 and located in Sonoma County.
Where is this mobile home & rv park located?
The property is located at 247 East Seven Flags Circle Sonoma, CA.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Residential income property in Sonoma County, listed with a stated size of 1,248; Central Air cooling and Central natural gas heating; Covered parking
