Duplex with Private
New
For Sale
$450,000
4523 zachary WAY, Sacramento, CA 95842
Two-unit residential property with comfortable living areas and backyard space for each residence.
Property Size1,021 SF
Price / SF$440.74
Days on Market7
Property Features for 4523 zachary WAY
General Information
Standard status
Active
Size
1,021 SF
Property subtype
Multi Family
Building Details
Year Built
1979
Listing Agency:
RE/MAX Gold Cameron Park
(530) 676-8600
Listed By:
Leslie M. Bauscher · License #01259683
Source:
Exitrealty
Added: Aug 14
Changed: Aug 18
Last Checked: Aug 20 at 4:48AM
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 RE/MAX Gold Cameron Park
Investment Insights
Based on property information with market context.
Built in 1979, this duplex provides two residential units within a 1,021-square-foot property. The layout includes comfortable living areas and private backyard space associated with the residences.
The property is located on Zachary Way in Sacramento, California, within ZIP Code 95842. Its two-unit configuration supports residential income use, with existing outdoor space contributing to the overall property layout.
The property is located on Zachary Way in Sacramento, California, within ZIP Code 95842. Its two-unit configuration supports residential income use, with existing outdoor space contributing to the overall property layout.
Key Highlights
- Duplex configuration with two residential units
- 1,021‑square‑foot property
- Backyard space associated with the residences
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
$17,425
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%
$348,500
$348.5K
Cap Rate 7%
$248,929
$248.9K
Cap Rate 9%
$193,611
$193.6K
Market Conditions
NOI Build-Up for 1,021 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
$26.3K $25.80/SF
− Vacancy
−$1.4K −$1.42/SF
EGI
$24.9K $24.38/SF
− OpEx
−$7.5K −$7.31/SF
NOI
$17.4K $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%
$348,500
Cap Rate 7%
$248,929
Cap Rate 9%
$193,611
Alternative Uses
Best Use
Multifamily LT 5
$248.9K
$217.8K – $290.4K
NOI $17,425 @ 7.0% cap · market cap 3.87%
Second Best
Apartment 5plus
$229.1K
$200.5K – $267.3K
NOI $16,038 @ 7.0% cap · market cap 3.56%
Theoretical Best
Specialty Retail
$274.4K
$240.1K – $320.1K
NOI $19,205 @ 7.0% cap · market cap 4.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
826
Businesses Nearby
Explore this area
Business Placement
Demographics for 95842, CA
34,196
Population
12,275
Households
2.8
Avg Household Size
34
Median Age
17%
College-Educated
88%
High-School Grad
4.0 sq mi
ZIP Area
8,549
Density / Sq Mi
$67,170
Median Household Income
$38,784
Median Earnings
$1,545
Median Rent
$367,500
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 residential property with comfortable living areas and backyard space for each residence.
Where is this duplex located?
The property is located at 4523 zachary WAY Sacramento, CA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Duplex configuration with two residential units; 1,021‑square‑foot property; Backyard space associated with the residences
