Fourplex with Recently Updated
For Sale
$825,900
67 Nedra Court, Sacramento, CA 95822
Four recently updated units provide projected rental income and annual scheduled gross of $84,120.
Property Size2,550 SF
Price / SF$323.88
Days on Market170
Property Features for 67 Nedra Court
General Information
Standard status
Active
Size
2,550 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
4
Building Details
Year Built
1965
Listing Agency:
LPT Realty, Inc
(916) 730-3846
Listed By:
Ron Benning · License #01058898
(916) 730-3846
Source:
Exitrealty
Added: Feb 24
Changed: Aug 7
Last Checked: Aug 12 at 6:14AM
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 LPT Realty, Inc
Investment Insights
Based on property information with market context.
This Sacramento fourplex offers four residential units, with all units having had some updates recently. The property totals 2,550 square feet and is presented with projected rents of $7,010 per month and a gross Annual Scheduled income of $84,120. The listing also cites a GRM of 10.4 based on the stated projections.
The property is located at 67 Nedra Court in Sacramento, CA 95822. It is being offered for sale, with the seller highlighting special financing options, including interest-only and easier-to-qualify-for terms intended to accommodate a range of borrower situations.
For investors or owner-operators seeking a multi-unit residential income property, the recent unit updates and the provided income projections are central to the offering. The stated gross Annual Scheduled income and GRM can be used as a starting point for underwriting, while the availability of interest-only and alternative qualification financing options may help align the purchase with specific financing goals. Prospective buyers are encouraged to review the rent projections and the scope of updates during their due diligence.
The property is located at 67 Nedra Court in Sacramento, CA 95822. It is being offered for sale, with the seller highlighting special financing options, including interest-only and easier-to-qualify-for terms intended to accommodate a range of borrower situations.
For investors or owner-operators seeking a multi-unit residential income property, the recent unit updates and the provided income projections are central to the offering. The stated gross Annual Scheduled income and GRM can be used as a starting point for underwriting, while the availability of interest-only and alternative qualification financing options may help align the purchase with specific financing goals. Prospective buyers are encouraged to review the rent projections and the scope of updates during their due diligence.
Key Highlights
- Sacramento fourplex built in 1965 with four updated units
- Projected rents of $7,010 per month
- Gross annual scheduled income of $84,120
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
$42,634
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
5.16%
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%
$852,680
$852.7K
Cap Rate 7%
$609,057
$609.1K
Cap Rate 9%
$473,711
$473.7K
Market Conditions
NOI Build-Up for 2,550 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
$64.3K $25.20/SF
− Vacancy
−$3.4K −$1.32/SF
EGI
$60.9K $23.88/SF
− OpEx
−$18.3K −$7.17/SF
NOI
$42.6K $16.72/SF
Area
ZIP 95822
Vacancy
5.22%
Lease Rate
$25.20 /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%
$852,680
Cap Rate 7%
$609,057
Cap Rate 9%
$473,711
Alternative Uses
Best Use
Multifamily LT 5
$609.1K
$532.9K – $710.6K
NOI $42,634 @ 7.0% cap · market cap 5.16%
Second Best
Apartment 5plus
$556.7K
$487.1K – $649.4K
NOI $38,966 @ 7.0% cap · market cap 4.72%
Theoretical Best
Hotel Hospitality
$19.87M
$17.39M – $23.19M
NOI $1,391,216 @ 7.0% cap · market cap 168.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
174
Businesses Nearby
Explore this area
Business Placement
Demographics for 95822, CA
45,215
Population
17,479
Households
2.6
Avg Household Size
38
Median Age
28%
College-Educated
85%
High-School Grad
8.4 sq mi
ZIP Area
5,383
Density / Sq Mi
$80,835
Median Household Income
$44,004
Median Earnings
$1,537
Median Rent
$438,400
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?
Quadplex - Four recently updated units provide projected rental income and annual scheduled gross of $84,120.
Where is this quadplex located?
The property is located at 67 Nedra Court Sacramento, CA.
What is the asking price?
The asking price for this property is $825,900.
What are key features of this property?
This property features: Sacramento fourplex built in 1965 with four updated units; Projected rents of $7,010 per month; Gross annual scheduled income of $84,120
