475 Spring St, Nevada City, CA 95959
Multifamily property in Nevada City, CA with 7.12% CAP.
- Added:
- Mar 24, 2026
- Days on Market:
- 96
- Last Refresh:
- Mar 25 at 8:58 pm
Property Features for 475 Spring St
General Information
- Standard status
- Active
- Size
- 9,200 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1964
Listing office ALIVE Commercial Real Estate
Listing date Mar 24, 2026
Source Crexi
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 ALIVE Commercial Real Estate
HighLights
- Just Listed: Investment Opportunity
- Boasting a 7.12% CAP Rate
- Priced at $2,050,000
- Located in Nevada City, CA
- Year Built: 1964
Overview
Local 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 | $231.8k | $25.20 |
| − Vacancy | −$11.6k | −$1.26 |
| EGI | $220.2k | $23.94 |
| − OpEx | −$99.1k | −$10.77 |
| NOI | $121.1k | $13.17 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Nevada City
- County
- Nevada
- State
- California
- Longitude
- -121.022369
- Latitude
- 39.2633662
