Duplex with Original Wood
3701 Jo Ann Drive, Sacramento, CA 95821
For Sale
New
$639,995
Each residence has a fireplace, central heating and air, and access to a fenced yard.
Property Size1,882 SF
Price / SF$340.06
Days on Market2
Property Features for 3701 Jo Ann Drive
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Amenities
Fenced Yard
Yard Space
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
Real Life Real Estate
8060606
Listed By:
Eric G Elovski
(916) 806-0606
Source:
Fitforliferealestate
Added: Nov 7
Last Checked: Nov 7 at 2:01PM
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 Real Life Real Estate
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Investment Insights
Based on property information with market context.
Built in 1955, this duplex contains 1,882 square feet with four bedrooms and two bathrooms overall. Each of the two residences has two bedrooms and one bathroom, along with central heating and air, a fireplace, and original wood flooring. Fenced yards serve both units, and the property occupies a corner lot.
The duplex is on Jo Ann Drive in Sacramento’s Binet Woods subdivision, near schools and other amenities. The property is zoned RD5.
The duplex is on Jo Ann Drive in Sacramento’s Binet Woods subdivision, near schools and other amenities. The property is zoned RD5.
Key Highlights
- Two‑unit duplex with 1,882 square feet
- Four bedrooms and two bathrooms total; each unit has two bedrooms and one bathroom
- Central heating and air and a fireplace in each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,120
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$642,400
$642.4K
Cap Rate 7%
$458,857
$458.9K
Cap Rate 9%
$356,889
$356.9K
Market Conditions
NOI Build-Up for 1,882 SF
Gross rent
$48.6K $25.80/SF
− Vacancy
−$2.7K −$1.42/SF
EGI
$45.9K $24.38/SF
− OpEx
−$13.8K −$7.31/SF
NOI
$32.1K $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 Rate 5%
$642,400
Cap Rate 7%
$458,857
Cap Rate 9%
$356,889
Alternative Uses
Best Use
Multifamily LT 5
$458.9K
$401.5K – $535.3K
NOI $32,120 @ 7.0% cap · market cap 5.02%
Second Best
Apartment 5plus
$422.3K
$369.5K – $492.7K
NOI $29,562 @ 7.0% cap · market cap 4.62%
Theoretical Best
Specialty Retail
$505.7K
$442.5K – $590.0K
NOI $35,400 @ 7.0% cap · market cap 5.53%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
835
Businesses Nearby
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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
$470,900
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Sacramento, CA
Properties on Market for Duplexes in Sacramento
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a fireplace, central heating and air, and access to a fenced yard.
Where is this duplex located?
The property is located at 3701 Jo Ann Drive Sacramento, CA.
What is the asking price?
The asking price for this property is $639,995.
What are key features of this property?
This property features: Two‑unit duplex with 1,882 square feet; Four bedrooms and two bathrooms total; each unit has two bedrooms and one bathroom; Central heating and air and a fireplace in each residence
