Residential Income Property with
For Sale
$629,888
80 Frey Place, Vallejo, CA 94590
Income-oriented residential property with covered side-by-side parking, a balcony, and views toward the hills and water.
Property Size1,800 SF
Price / SF$349.94
Days on Market27
Property Features for 80 Frey Place
General Information
Standard status
Active
Size
1,800 SF
Total Parking Spaces
2
Property subtype
Residential Income
Amenities
Wall Unit(s)
Central
Hills, Water
Covered, Side By Side
Balcony
Building Details
Year Built
1973
Buildings
1
Listing Agency:
Decker Bullock Dreyfus, Inc
Listed By:
Lauren A. Lawson
(707) 685-1825
Source:
Evrealestate
Added: Aug 7
Changed: Aug 28
Last Checked: Sep 1 at 3:36PM
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 Decker Bullock Dreyfus, Inc
Investment Insights
Based on property information with market context.
This residential income property offers 1,800 square feet of space, a balcony, and covered side-by-side parking. The property was built in 1973 and includes views of the surrounding hills and water. Interior features include wall unit and central systems, while the source data also identifies no additional interior feature in that category.
Located at 80 Frey Place in Vallejo, California, the property is reached from Sacramento Street via Coghlan Street to Frey. The address is in Solano County.
Located at 80 Frey Place in Vallejo, California, the property is reached from Sacramento Street via Coghlan Street to Frey. The address is in Solano County.
Key Highlights
- 1,800‑square‑foot residential income property
- Built in 1973
- Balcony with hills and water views
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
$31,441
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
4.99%
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%
$628,820
$628.8K
Cap Rate 7%
$449,157
$449.2K
Cap Rate 9%
$349,344
$349.3K
Market Conditions
NOI Build-Up for 1,800 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
$60.0K $33.36/SF
− Vacancy
−$2.9K −$1.60/SF
EGI
$57.2K $31.76/SF
− OpEx
−$25.7K −$14.29/SF
NOI
$31.4K $17.47/SF
Area
Vallejo, CA
Vacancy
4.80%
Lease Rate
$33.36 /SF/Yr
Expense Ratio
45.00%
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%
$628,820
Cap Rate 7%
$449,157
Cap Rate 9%
$349,344
Alternative Uses
Best Use
Apartment 5plus
$449.2K
$393.0K – $524.0K
NOI $31,441 @ 7.0% cap · market cap 4.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$876.0K
$766.5K – $1.02M
NOI $61,322 @ 7.0% cap · market cap 9.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
937
Businesses Nearby
Explore this area
Business Placement
Demographics for 94590, CA
39,981
Population
16,500
Households
2.4
Avg Household Size
38
Median Age
26%
College-Educated
87%
High-School Grad
6.6 sq mi
ZIP Area
6,058
Density / Sq Mi
$66,957
Median Household Income
$43,383
Median Earnings
$1,768
Median Rent
$510,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Income-oriented residential property with covered side-by-side parking, a balcony, and views toward the hills and water.
Where is this residential income property located?
The property is located at 80 Frey Place Vallejo, CA.
What is the asking price?
The asking price for this property is $629,888.
What are key features of this property?
This property features: 1,800‑square‑foot residential income property; Built in 1973; Balcony with hills and water views
