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Duplex with Private Garages
New
For Sale
$539,000

5741 Woodleigh Drive, Carmichael, CA 95608

Two residential units include individual garages, with one currently available for occupancy and the other leased through February 2027.

Property Size1,652 SF
Days on Market5

Property Features for 5741 Woodleigh Drive

General Information

Standard status Active
Size 1,652 SF
Property subtype Duplex

Building Details

Building Size 1,652 SF
Year Built 1963
Listing Agency: Capital Group Realty, Inc.
Listed By: Vladislav Okel · License #01865323
Source: Teamnavigate
Added: Sep 9 Changed: Sep 11 Last Checked: Sep 12 at 10:16AM

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 Capital Group Realty, Inc.

Investment Insights

Based on property information with market context.

This Carmichael duplex, built in 1963, contains two 2-bedroom, 1-bath residences, each measuring approximately 826 square feet and accompanied by a private one-car garage. One unit is vacant, while the second is occupied under a lease extending through February 2027. A new roof is among the property improvements.

Located on Woodleigh Drive near Mercy San Juan Medical Center, the property is also close to shopping, dining, schools, and major roadways. The two-unit configuration supports either owner occupancy with a leased unit or continued use as a residential income property.

Key Highlights

  • Two 2‑bedroom, 1‑bath units
  • Approximately 826 sq. ft. per unit
  • Private one‑car garage for each residence

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
$24,014
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
4.46%
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%
$480,280 $480.3K
Cap Rate 7%
$343,057 $343.1K
Cap Rate 9%
$266,822 $266.8K
Market Conditions
NOI Build-Up for 1,652 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
$36.7K $22.20/SF
− Vacancy
−$2.4K −$1.43/SF
EGI
$34.3K $20.77/SF
− OpEx
−$10.3K −$6.23/SF
NOI
$24.0K $14.54/SF
Area
Sacramento County, CA
Vacancy
6.46%
Lease Rate
$22.20 /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%
$480,280
Cap Rate 7%
$343,057
Cap Rate 9%
$266,822

Alternative Uses

Best Use
Multifamily LT 5
$343.1K
$300.2K – $400.2K (±1% cap)
NOI $24,014 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$315.0K
$275.6K – $367.5K (±1% cap)
NOI $22,051 @ 7.0% cap · market cap 4.09%
Theoretical Best
Office A
$440.1K
$385.1K – $513.5K (±1% cap)
NOI $30,807 @ 7.0% cap · market cap 5.72%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Bakery Acupuncture (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,418
Businesses Nearby

Demographics for 95608, CA

65,367
Population
27,312
Households
2.4
Avg Household Size
43
Median Age
36%
College-Educated
92%
High-School Grad
13.2 sq mi
ZIP Area
4,952
Density / Sq Mi
$83,638
Median Household Income
$45,625
Median Earnings
$1,549
Median Rent
$565,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units include individual garages, with one currently available for occupancy and the other leased through February 2027.
Where is this duplex located?
The property is located at 5741 Woodleigh Drive Carmichael, CA.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units; Approximately 826 sq. ft. per unit; Private one‑car garage for each residence
More about this property
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