Updated Duplex with Attached
For Sale
$490,000
Pending
269 Tamarisk Cir, Suisun City, CA 94585
Updated interiors, a fenced yard, and convenient access to Highway 12 and I-80 support everyday residential use.
Property Size1,158 SF
Days on Market237
Property Features for 269 Tamarisk Cir
General Information
Standard status
Pending
Size
1,158 SF
Total Parking Spaces
2
Property subtype
Duplex
Additional Details
Highway Access
Yes
Multifamily Units
1
Amenities
Central Air
3
Laminate, Carpet
Breakfast Bar
Full
Fenced Yard.
2 Garage Spaces.
Wood, Stucco, Frame
Level
No Pool
Level.
Building Details
Year Built
1996
Stories
2
Listing Agency:
Keenan Howard Realty, Inc.
(510) 398-0002
Listed By:
Cielo Fuentes
(510) 778-5655
Source:
Xome
Added: Jan 5
Changed: Aug 29
Last Checked: Aug 29 at 11:14PM
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 Keenan Howard Realty, Inc.
Investment Insights
Based on property information with market context.
This 1,158-square-foot duplex was built in 1996 and includes a three-bedroom, 2.5-bath residence with an open living area, vaulted ceilings, a dining area, and a kitchen with ample cabinetry. Recent improvements include new LVP flooring, updated light fixtures, and fresh interior paint. The primary suite has a private bathroom and generous closet space, while the additional bedrooms offer flexible room for guests, work-from-home use, or hobbies. Central air, a breakfast bar, and laminate and carpet flooring are also included.
Exterior features include a fenced, level yard, wood, stucco, and frame construction, and an attached two-car garage with additional storage. The property has no HOA and no pool. Its Suisun City setting provides access to local parks, schools, shopping, Highway 12, and I-80.
Exterior features include a fenced, level yard, wood, stucco, and frame construction, and an attached two-car garage with additional storage. The property has no HOA and no pool. Its Suisun City setting provides access to local parks, schools, shopping, Highway 12, and I-80.
Key Highlights
- 1,158‑square‑foot duplex built in 1996
- Three‑bedroom, 2.5‑bath residence with vaulted ceilings
- New LVP floors, light fixtures, and fresh interior paint
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
$19,508
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
3.98%
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%
$390,160
$390.2K
Cap Rate 7%
$278,686
$278.7K
Cap Rate 9%
$216,756
$216.8K
Market Conditions
NOI Build-Up for 1,158 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
$29.2K $25.20/SF
− Vacancy
−$1.3K −$1.13/SF
EGI
$27.9K $24.07/SF
− OpEx
−$8.4K −$7.22/SF
NOI
$19.5K $16.85/SF
Area
Solano County, CA
Vacancy
4.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
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%
$390,160
Cap Rate 7%
$278,686
Cap Rate 9%
$216,756
Alternative Uses
Best Use
Multifamily LT 5
$278.7K
$243.9K – $325.1K
NOI $19,508 @ 7.0% cap · market cap 3.98%
Second Best
Apartment 5plus
$251.0K
$219.7K – $292.9K
NOI $17,572 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$386.4K
$338.1K – $450.8K
NOI $27,049 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
543
Businesses Nearby
Explore this area
Business Placement
Demographics for 94585, CA
29,764
Population
9,849
Households
3
Avg Household Size
37
Median Age
21%
College-Educated
89%
High-School Grad
106.2 sq mi
ZIP Area
280
Density / Sq Mi
$96,713
Median Household Income
$49,379
Median Earnings
$2,156
Median Rent
$551,400
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?
Duplex - Updated interiors, a fenced yard, and convenient access to Highway 12 and I-80 support everyday residential use.
Where is this duplex located?
The property is located at 269 Tamarisk Cir Suisun City, CA.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: 1,158‑square‑foot duplex built in 1996; Three‑bedroom, 2.5‑bath residence with vaulted ceilings; New LVP floors, light fixtures, and fresh interior paint
