Residential Income
For Sale
$210,000
Pending
38 Del Rey Drive, Vacaville, CA 95687
For sale residential income property in Solano County, presented with a defined on-site access route from Del Rey.
Property Size1,248 SF
Days on Market103
Property Features for 38 Del Rey Drive
General Information
Standard status
Pending
Size
1,248 SF
Property subtype
Manufactured In Park
Building Details
Year Built
1986
Listing Agency:
(707) 317-0916
Listed By:
Rachelle J. Barngraff
(707) 317-0916
Source:
Evrealestate
Added: Apr 22
Changed: Jul 23
Last Checked: Jul 24 at 8:12AM
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 Rachelle J. Barngraff
Investment Insights
Based on property information with market context.
This residential income property is offered for sale in Solano County. The property is listed with an address of 38 Del Rey Drive and is categorized as a residential income/multifamily asset in the provided materials.
Access is described with specific routing instructions: enter the park and take the first left, continue to the stop sign, and then take a right onto Del Rey to view the home on the right.
Additional property details, including unit count, configuration, and condition, are not provided in the available information.
Access is described with specific routing instructions: enter the park and take the first left, continue to the stop sign, and then take a right onto Del Rey to view the home on the right.
Additional property details, including unit count, configuration, and condition, are not provided in the available information.
Key Highlights
- Central air conditioning and central heating
- Appliances include dishwasher, disposal, free‑standing gas oven, and free‑standing refrigerator
- Covered, assigned parking
Financial Insights For Apartment 5plus
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 | $35.9k | $28.80 |
| − Vacancy | −$1.8k | −$1.44 |
| EGI | $34.1k | $27.36 |
| − OpEx | −$15.4k | −$12.31 |
| NOI | $18.8k | $15.05 |
1,248 SF · lease $28.80/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$268.3K
$234.8K – $313.0K
NOI $18,780 @ 7.0% cap · market cap 8.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$367.6K
$321.6K – $428.8K
NOI $25,729 @ 7.0% cap · market cap 12.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
549
Businesses Nearby
Explore this area
Business Placement
Demographics for 95687, CA
69,837
Population
24,283
Households
2.9
Avg Household Size
39
Median Age
25%
College-Educated
90%
High-School Grad
44.6 sq mi
ZIP Area
1,566
Density / Sq Mi
$106,648
Median Household Income
$53,027
Median Earnings
$2,250
Median Rent
$583,800
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 residential income property in Solano County, presented with a defined on-site access route from Del Rey.
Where is this mobile home & rv park located?
The property is located at 38 Del Rey Drive Vacaville, CA.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Central air conditioning and central heating; Appliances include dishwasher, disposal, free‑standing gas oven, and free‑standing refrigerator; Covered, assigned parking
