29 Dean Way, Folsom, CA 95630
Two upgraded units with private landscaped yards and covered patios, supported by a long track record of occupancy.
- Added:
- Apr 2, 2026
- Days on Market:
- 96
- Last Refresh:
- Jul 5 at 3:01 am
Property Features for 29 Dean Way
General Information
- Standard status
- Active
- Size
- 2,352 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1978
Listing office Gold & Granite Realty (916) 776-5323
Listing date Apr 2, 2026
Source Exitrealty
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HighLights
- Duplex built in 1978 with two 2‑bedroom, 2‑bath units, each with a 2‑car garage
- Extensive unit upgrades in both units, including energy‑efficient HVAC and newer roof
- Unit A upgrades include renovated kitchen with modern appliances, upgraded bathrooms, new tile floors, luxury vinyl plank flooring, and fresh interior paint
- Unit B features similar upgrades to support rental appeal and minimize future maintenance
- Each unit has a private landscaped backyard with a covered patio
- Over $4,600/month in cash flow noted, with over 20 years of low vacancy history
Overview
Located at 29 Dean Way in Folsom, the property is described as being close to schools, shopping, parks, dining, and Old Town Folsom. The private outdoor space is a notable amenity, with each unit offering a landscaped backyard and a covered patio.
The seller reports over $4,600 per month in cash flow and an extremely low vacancy history spanning more than 20 years, with strong, long-term tenants. With the property presented as turn-key and extensively updated, it can fit buyers looking for a residential income asset with two self-contained units and practical, tenant-friendly features.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.3k | $25.20 |
| − Vacancy | −$3.4k | −$1.46 |
| EGI | $55.8k | $23.74 |
| − OpEx | −$16.8k | −$7.12 |
| NOI | $39.1k | $16.62 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Folsom
- County
- El Dorado
- State
- California
- Longitude
- -121.1604862
- Latitude
- 38.681052
