Updated Leased
For Sale
$650,000
7225 Camel Rock Way, Citrus Heights, CA 95610
Both residences offer private garages, refreshed interiors, and convenient laundry equipment.
Property Size1,654 SF
Price / SF$392.99
Days on Market10
Property Features for 7225 Camel Rock Way
General Information
Standard status
Active
Size
1,654 SF
Property subtype
Residential Income
Listing Agency:
One Choice Real Estate
Listed By:
Gary A. Smith
2572085
Source:
Exprealty
Added: Aug 27
Changed: Sep 3
Last Checked: Sep 4 at 1:45PM
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 One Choice Real Estate
Investment Insights
Based on property information with market context.
This duplex contains 1,654 square feet with two separately leased residences, each offering 2 bedrooms, 1 full bathroom, and a private 1-car garage. Interior finishes include laminate and tile flooring, granite countertops, updated appliances, and recessed refrigerators that preserve kitchen space. Washers and dryers are located in the garages and convey with the property. Recent work includes a dishwasher, tankless water heater, and low-maintenance rock-and-bark landscaping. The roof is approximately 7 years old, while the HVAC system is approximately 15 years old.
Set on an almost 8,000-square-foot lot in a Citrus Heights single-family residential neighborhood, the property provides both units with generously sized yards. One residence is under a 12-month lease, and a new lease has been signed for the second beginning in September. The property is served by the San Juan Unified School District and City of Citrus Heights services, with access to shopping, restaurants, commuting routes, and everyday necessities.
Set on an almost 8,000-square-foot lot in a Citrus Heights single-family residential neighborhood, the property provides both units with generously sized yards. One residence is under a 12-month lease, and a new lease has been signed for the second beginning in September. The property is served by the San Juan Unified School District and City of Citrus Heights services, with access to shopping, restaurants, commuting routes, and everyday necessities.
Key Highlights
- Two leased duplex residences, including one 12‑month lease and a second lease beginning in September
- Each unit has 2 bedrooms, 1 full bathroom, and a private 1‑car garage
- 1,654 square feet on an almost 8,000‑square‑foot lot
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
$24,043
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
3.70%
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%
$480,860
$480.9K
Cap Rate 7%
$343,471
$343.5K
Cap Rate 9%
$267,144
$267.1K
Market Conditions
NOI Build-Up for 1,654 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%
$480,860
Cap Rate 7%
$343,471
Cap Rate 9%
$267,144
Alternative Uses
Best Use
Multifamily LT 5
$343.5K
$300.5K – $400.7K
NOI $24,043 @ 7.0% cap · market cap 3.70%
Second Best
Apartment 5plus
$315.4K
$276.0K – $368.0K
NOI $22,078 @ 7.0% cap · market cap 3.40%
Theoretical Best
Office A
$440.6K
$385.6K – $514.1K
NOI $30,844 @ 7.0% cap · market cap 4.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
607
Businesses Nearby
Explore this area
Business Placement
Demographics for 95610, CA
46,592
Population
18,277
Households
2.5
Avg Household Size
37
Median Age
24%
College-Educated
91%
High-School Grad
7.9 sq mi
ZIP Area
5,898
Density / Sq Mi
$77,565
Median Household Income
$42,606
Median Earnings
$1,764
Median Rent
$466,500
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 - Both residences offer private garages, refreshed interiors, and convenient laundry equipment.
Where is this duplex located?
The property is located at 7225 Camel Rock Way Citrus Heights, CA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two leased duplex residences, including one 12‑month lease and a second lease beginning in September; Each unit has 2 bedrooms, 1 full bathroom, and a private 1‑car garage; 1,654 square feet on an almost 8,000‑square‑foot lot
