Half-Plex Residential Income
For Sale
$385,000
Pending
8312 Fintown Court, Sacramento, CA 95828
Two-bedroom-style living configuration with an open kitchen, bright interiors, and a private backyard setting.
Property Size983 SF
Days on Market62
Property Features for 8312 Fintown Court
General Information
Standard status
Pending
Size
983 SF
Property subtype
Multi Family
Building Details
Year Built
1990
Listing Agency:
M.O.R.E. Real Estate Group
(916) 365-2282
Listed By:
Gina M. DeLucchi · License #02110776
(916) 521-6116
Source:
Exitrealty
Added: Jul 6
Changed: Sep 2
Last Checked: Sep 5 at 7:07AM
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 M.O.R.E. Real Estate Group
Investment Insights
Based on property information with market context.
Built in 1990, this 983-square-foot half-plex offers a residential income property configuration with spacious living areas and abundant natural light from large windows. The kitchen includes substantial cabinetry and counter space, with an open relationship to the main living areas. The floor plan supports both daily use and guest entertaining.
Outdoor space includes mature orange trees, open areas for gardening or outdoor dining, and room for future customization. The property sits across from a park and is near schools, shopping centers, restaurants, and major freeway access. Located on Fintown Court in Sacramento, the home combines a neighborhood setting with convenient access to nearby services and transportation routes.
Outdoor space includes mature orange trees, open areas for gardening or outdoor dining, and room for future customization. The property sits across from a park and is near schools, shopping centers, restaurants, and major freeway access. Located on Fintown Court in Sacramento, the home combines a neighborhood setting with convenient access to nearby services and transportation routes.
Key Highlights
- 983 SF half‑plex built in 1990
- Across from a park in a Sacramento neighborhood
- Kitchen with abundant cabinetry and generous counter space
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
$14,361
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
3.73%
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%
$287,220
$287.2K
Cap Rate 7%
$205,157
$205.2K
Cap Rate 9%
$159,567
$159.6K
Market Conditions
NOI Build-Up for 983 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
$27.5K $27.96/SF
− Vacancy
−$1.4K −$1.40/SF
EGI
$26.1K $26.56/SF
− OpEx
−$11.7K −$11.95/SF
NOI
$14.4K $14.61/SF
Area
ZIP 95828
Vacancy
5.00%
Lease Rate
$27.96 /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%
$287,220
Cap Rate 7%
$205,157
Cap Rate 9%
$159,567
Alternative Uses
Best Use
Apartment 5plus
$205.2K
$179.5K – $239.4K
NOI $14,361 @ 7.0% cap · market cap 3.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$261.9K
$229.1K – $305.5K
NOI $18,331 @ 7.0% cap · market cap 4.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
455
Businesses Nearby
Explore this area
Business Placement
Demographics for 95828, CA
63,116
Population
18,603
Households
3.4
Avg Household Size
36
Median Age
17%
College-Educated
77%
High-School Grad
12.4 sq mi
ZIP Area
5,090
Density / Sq Mi
$77,524
Median Household Income
$39,136
Median Earnings
$1,709
Median Rent
$377,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Two-bedroom-style living configuration with an open kitchen, bright interiors, and a private backyard setting.
Where is this residential income property located?
The property is located at 8312 Fintown Court Sacramento, CA.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 983 SF half‑plex built in 1990; Across from a park in a Sacramento neighborhood; Kitchen with abundant cabinetry and generous counter space
