Mid-Century Duplex with Two
For Sale
$670,000
3540 Lynne Way, Sacramento, CA 95821
Two-unit duplex offering central air and fireplaces, with each unit including a dedicated one-car garage.
Property Size1,840 SF
Lot Size0.21 Acres
Price / SF$364.13
Days on Market49
Property Features for 3540 Lynne Way
General Information
Standard status
Active
Size
1,840 SF
Lot size
0.21 Acres
Property subtype
Residential Income
Amenities
wood burning fireplace
central air
dedicated laundry room
laundry hookups inside
Building Details
Buildings
1
Construction
mid-century
Tenancy
Multi
Listing Agency:
eXp Realty of Northern CA
4185287
Listed By:
Erica Hutson · License #01903912
(530) 409-9259
Source:
Exprealty
Added: Jul 22
Changed: Sep 8
Last Checked: Aug 15 at 5:00AM
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 eXp Realty of Northern CA
Investment Insights
Based on property information with market context.
This duplex features classic mid-century architecture and consists of two separate units. Unit 1 includes two bedrooms and 1.5 bathrooms, a dedicated laundry room, and side parking for a trailer in addition to a one-car garage. Unit 2 offers two bedrooms and one bathroom, with laundry hook-ups inside its one-car garage. Both units include wood-burning fireplaces and central air.
The property is located in Arden-Arcade, tucked at the end of a cul-de-sac on tree-lined streets. It is positioned near Seely Park and within close proximity to schools, parks, shopping, and commuter routes.
The layout supports independent living for each unit, and the on-site garages provide practical parking for residents.
The property is located in Arden-Arcade, tucked at the end of a cul-de-sac on tree-lined streets. It is positioned near Seely Park and within close proximity to schools, parks, shopping, and commuter routes.
The layout supports independent living for each unit, and the on-site garages provide practical parking for residents.
Key Highlights
- Duplex built in 1953 with 2 units and 1840 SF total (per listing).
- Each unit includes a dedicated one‑car garage.
- Unit 1: 2 bed, 1.5 bath with dedicated laundry room and side parking for trailer.
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
$31,403
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
4.69%
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%
$628,060
$628.1K
Cap Rate 7%
$448,614
$448.6K
Cap Rate 9%
$348,922
$348.9K
Market Conditions
NOI Build-Up for 1,840 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
$47.5K $25.80/SF
− Vacancy
−$2.6K −$1.42/SF
EGI
$44.9K $24.38/SF
− OpEx
−$13.5K −$7.31/SF
NOI
$31.4K $17.07/SF
Area
Sacramento, CA
Vacancy
5.50%
Lease Rate
$25.80 /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%
$628,060
Cap Rate 7%
$448,614
Cap Rate 9%
$348,922
Alternative Uses
Best Use
Multifamily LT 5
$448.6K
$392.5K – $523.4K
NOI $31,403 @ 7.0% cap · market cap 4.69%
Second Best
Apartment 5plus
$412.9K
$361.3K – $481.7K
NOI $28,903 @ 7.0% cap · market cap 4.31%
Theoretical Best
Specialty Retail
$494.4K
$432.6K – $576.8K
NOI $34,610 @ 7.0% cap · market cap 5.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
870
Businesses Nearby
Explore this area
Business Placement
Demographics for 95821, CA
39,310
Population
16,403
Households
2.4
Avg Household Size
37
Median Age
28%
College-Educated
87%
High-School Grad
7.1 sq mi
ZIP Area
5,537
Density / Sq Mi
$58,331
Median Household Income
$41,630
Median Earnings
$1,342
Median Rent
$470,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex offering central air and fireplaces, with each unit including a dedicated one-car garage.
Where is this duplex located?
The property is located at 3540 Lynne Way Sacramento, CA.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: Duplex built in 1953 with 2 units and 1840 SF total (per listing).; Each unit includes a dedicated one‑car garage.; Unit 1: 2 bed, 1.5 bath with dedicated laundry room and side parking for trailer.
