Residential Income
For Sale
$319,000
304 Chablis N, Calistoga, CA 94515
For sale in Calistoga, CA, this residential income property is listed with a specified size and sale price.
Property Size1,440 SF
Price / SF$221.53
Days on Market142
Property Features for 304 Chablis N
General Information
Standard status
Active
Size
1,440 SF
Total Parking Spaces
2
Property subtype
Manufactured In Park
Amenities
Central Air
Central
Dishwasher, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave
Double Vanity
Family Room, Wood Burning
Covered, Guest
Building Details
Year Built
2004
Listed By:
Liz Manfree · License #01166875
(707) 888-8121
Source:
Evrealestate
Added: Apr 17
Changed: Aug 23
Last Checked: Sep 4 at 4:20AM
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 Liz Manfree
Investment Insights
Based on property information with market context.
This residential income property is being offered for sale at $329,000. The listing indicates a property size of 1,440.
The property address is 304 Chablis N, Calistoga, CA 94515, located in Napa County. The public directions note taking Brannan to Chateau Calistoga, then turning right on Chablis North with the property on the right side.
With limited additional detail provided in the listing materials, interested parties should confirm the specific unit mix, current configuration, and any income or operational details during due diligence.
The property address is 304 Chablis N, Calistoga, CA 94515, located in Napa County. The public directions note taking Brannan to Chateau Calistoga, then turning right on Chablis North with the property on the right side.
With limited additional detail provided in the listing materials, interested parties should confirm the specific unit mix, current configuration, and any income or operational details during due diligence.
Key Highlights
- Residential income property with year built 2004
- Central air conditioning and central heating
- Kitchen appliances include dishwasher, free‑standing gas range, microwave, and free‑standing refrigerator
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
$22,975
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
7.20%
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%
$459,500
$459.5K
Cap Rate 7%
$328,214
$328.2K
Cap Rate 9%
$255,278
$255.3K
Market Conditions
NOI Build-Up for 1,440 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
$44.1K $30.60/SF
− Vacancy
−$2.3K −$1.59/SF
EGI
$41.8K $29.01/SF
− OpEx
−$18.8K −$13.05/SF
NOI
$23.0K $15.95/SF
Area
Napa County, CA
Vacancy
5.20%
Lease Rate
$30.60 /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%
$459,500
Cap Rate 7%
$328,214
Cap Rate 9%
$255,278
Alternative Uses
Best Use
Apartment 5plus
$328.2K
$287.2K – $382.9K
NOI $22,975 @ 7.0% cap · market cap 7.20%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.91M
$2.54M – $3.39M
NOI $203,410 @ 7.0% cap · market cap 63.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
565
Businesses Nearby
Explore this area
Business Placement
Demographics for 94515, CA
6,834
Population
3,214
Households
2.1
Avg Household Size
48
Median Age
36%
College-Educated
79%
High-School Grad
115.5 sq mi
ZIP Area
59
Density / Sq Mi
$97,202
Median Household Income
$50,189
Median Earnings
$1,830
Median Rent
$830,700
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 - For sale in Calistoga, CA, this residential income property is listed with a specified size and sale price.
Where is this mobile home & rv park located?
The property is located at 304 Chablis N Calistoga, CA.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: Residential income property with year built 2004; Central air conditioning and central heating; Kitchen appliances include dishwasher, free‑standing gas range, microwave, and free‑standing refrigerator
