Two-Home Duplex
For Sale
$339,999
417 S J Street, Madera, CA 93637
Front residence and detached rear unit offer flexible living options near schools, shopping, restaurants, and major roads.
Property Size1,195 SF
Price / SF$284.52
Days on Market14
Property Features for 417 S J Street
General Information
Standard status
Active
Size
1,195 SF
Property subtype
Multi Family
Building Details
Year Built
1955
Buildings
2
Listing Agency:
Coldwell Banker Preferred Real
(559) 232-3317
Listed By:
Teddi Peters · License #DRE #01109992
(559) 232-3317
Source:
Exitrealty
Added: Jul 28
Changed: Aug 8
Last Checked: Aug 10 at 5:17AM
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 Coldwell Banker Preferred Real
Investment Insights
Based on property information with market context.
This duplex property includes two homes on one lot. The front home offers 2 bedrooms, 1 bathroom, and 795 square feet of living space. A detached rear home provides 1 bedroom, 1 bathroom, and approximately 400 square feet, subject to buyer verification of permits and square footage. Built in 1955, the property offers a flexible configuration for multi-generational living, guests, rental income, or a home office, as supported by applicable permits and regulations.
Located at 417 S J Street in Madera, the property is near schools, shopping, and restaurants, with access to major roads. The combined reported property size is 1,195 square feet.
Located at 417 S J Street in Madera, the property is near schools, shopping, and restaurants, with access to major roads. The combined reported property size is 1,195 square feet.
Key Highlights
- Two homes on one lot
- Front home includes 2 bedrooms, 1 bathroom, and 795 square feet
- Detached rear home includes 1 bedroom, 1 bathroom, and approximately 400 square feet
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
$13,171
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
3.87%
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%
$263,420
$263.4K
Cap Rate 7%
$188,157
$188.2K
Cap Rate 9%
$146,344
$146.3K
Market Conditions
NOI Build-Up for 1,195 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
$20.4K $17.04/SF
− Vacancy
−$1.5K −$1.30/SF
EGI
$18.8K $15.74/SF
− OpEx
−$5.6K −$4.72/SF
NOI
$13.2K $11.02/SF
Area
Madera County, CA
Vacancy
7.60%
Lease Rate
$17.04 /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%
$263,420
Cap Rate 7%
$188,157
Cap Rate 9%
$146,344
Alternative Uses
Best Use
Multifamily LT 5
$188.2K
$164.6K – $219.5K
NOI $13,171 @ 7.0% cap · market cap 3.87%
Second Best
Apartment 5plus
$174.1K
$152.4K – $203.2K
NOI $12,190 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$462.5K
$404.7K – $539.5K
NOI $32,372 @ 7.0% cap · market cap 9.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,296
Businesses Nearby
Explore this area
Business Placement
Demographics for 93637, CA
40,202
Population
12,918
Households
3.1
Avg Household Size
32
Median Age
13%
College-Educated
70%
High-School Grad
280.4 sq mi
ZIP Area
143
Density / Sq Mi
$74,621
Median Household Income
$36,057
Median Earnings
$1,345
Median Rent
$369,200
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?
Duplex - Front residence and detached rear unit offer flexible living options near schools, shopping, restaurants, and major roads.
Where is this duplex located?
The property is located at 417 S J Street Madera, CA.
What is the asking price?
The asking price for this property is $339,999.
What are key features of this property?
This property features: Two homes on one lot; Front home includes 2 bedrooms, 1 bathroom, and 795 square feet; Detached rear home includes 1 bedroom, 1 bathroom, and approximately 400 square feet
