Brick Duplex With Detached
New
For Sale
$375,000
416 Turnberry St, Port Wentworth, GA 31407
Updated residential property with a separate living unit, screened balcony, and flexible space for guests, work, or rental use.
Property Size2,160 SF
Price / SF$173.61
Days on Market5
Property Features for 416 Turnberry St
General Information
Standard status
Active
Size
2,160 SF
Elevators
No
Property subtype
Multi-Family
Units
Unit Mix
1 x 4BR/2.5BA, 1 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
1944
Buildings
2
Construction
brick
Listing Agency:
Keller Williams Coastal Area P
(912) 507-8062
Listed By:
Charity A. Daniels · License #359177
Source:
Bradberrygarnerrealestate
Added: Aug 26
Changed: Aug 28
Last Checked: Aug 29 at 12:18PM
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 Keller Williams Coastal Area P
Investment Insights
Based on property information with market context.
This brick duplex property at 416 Turnberry St includes a renovated main residence with 4 bedrooms, 2.5 bathrooms, and 2,160 square feet of living area. The home has new appliances, updated finishes, a split floor plan, and a primary suite that opens to a private screened balcony. Built in 1944, the property combines durable brick construction with refreshed interior spaces.
A detached accessory dwelling unit adds a bedroom, full bathroom, kitchen, and energy-efficient mini-split system. The separate unit can serve as guest accommodation, office space, studio space, or a rental area, subject to applicable permissions. Port Wentworth provides access to Savannah, shopping, dining, Gulfstream, and the Georgia Ports Authority.
A detached accessory dwelling unit adds a bedroom, full bathroom, kitchen, and energy-efficient mini-split system. The separate unit can serve as guest accommodation, office space, studio space, or a rental area, subject to applicable permissions. Port Wentworth provides access to Savannah, shopping, dining, Gulfstream, and the Georgia Ports Authority.
Key Highlights
- Renovated 4‑bedroom, 2.5‑bathroom main residence with 2,160 square feet
- Detached ADU includes a bedroom, full bathroom, kitchen, and mini‑split system
- Private screened balcony opens from the primary suite
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
$22,902
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
6.11%
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%
$458,040
$458.0K
Cap Rate 7%
$327,171
$327.2K
Cap Rate 9%
$254,467
$254.5K
Market Conditions
NOI Build-Up for 2,160 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
$35.0K $16.20/SF
− Vacancy
−$2.3K −$1.05/SF
EGI
$32.7K $15.15/SF
− OpEx
−$9.8K −$4.54/SF
NOI
$22.9K $10.60/SF
Area
Chatham County, GA
Vacancy
6.50%
Lease Rate
$16.20 /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%
$458,040
Cap Rate 7%
$327,171
Cap Rate 9%
$254,467
Alternative Uses
Best Use
Multifamily LT 5
$327.2K
$286.3K – $381.7K
NOI $22,902 @ 7.0% cap · market cap 6.11%
Second Best
Apartment 5plus
$303.4K
$265.5K – $354.0K
NOI $21,239 @ 7.0% cap · market cap 5.66%
Theoretical Best
Warehouse
$2.02M
$1.77M – $2.36M
NOI $141,306 @ 7.0% cap · market cap 37.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
144
Businesses Nearby
Explore this area
Business Placement
Demographics for 31407, GA
20,990
Population
9,613
Households
2.2
Avg Household Size
32
Median Age
37%
College-Educated
92%
High-School Grad
33.9 sq mi
ZIP Area
619
Density / Sq Mi
$83,954
Median Household Income
$42,367
Median Earnings
$1,726
Median Rent
$223,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Updated residential property with a separate living unit, screened balcony, and flexible space for guests, work, or rental use.
Where is this duplex located?
The property is located at 416 Turnberry St Port Wentworth, GA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Renovated 4‑bedroom, 2.5‑bathroom main residence with 2,160 square feet; Detached ADU includes a bedroom, full bathroom, kitchen, and mini‑split system; Private screened balcony opens from the primary suite
