Two-Unit Duplex with Private
8804 N Winding Way Fair Oaks, CA 95628
8804 N Winding Way, Fair Oaks, CA, 95628
$600,000
Pending
For Sale
$600,000
Pending
Built in 1977, the duplex has two 2-bed, 1-bath units with private backyards and attached single-car garages.
Property Size1,967 SF
Days on Market146
Property Features for 8804 N Winding Way
General Information
- Standard status
- Pending
- Size
- 1,967 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1978
Listing agency
Cornish & Carey Commercial
(916) 569-2385
Listed by
Kelly Rivett · License #01249433
(916) 569-2385
Source
Exitrealty
Added: Feb 25 Updated: Jul 21 at 7:30AM Checked: Jul 21 at 7:30AM
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 Cornish & Carey Commercial
Investment Insights
Based on property information with market context.
Constructed in 1977, this two-unit duplex includes two separate 2-bedroom, 1-bath layouts, each with private backyards and an attached single-car garage. The property is currently positioned with 8804 N Winding Way vacant and 8806 N Winding Way occupied by a long-term tenant on a month-to-month lease.
The asset is located in Fair Oaks, California.
In addition, an adjacent duplex at 8833 Winding Way is available for acquisition, creating the opportunity to combine contiguous holdings under one ownership.
The asset is located in Fair Oaks, California.
In addition, an adjacent duplex at 8833 Winding Way is available for acquisition, creating the opportunity to combine contiguous holdings under one ownership.
Key Highlights
- Duplex built in 1977 (YearBuilt 1978 listed), offering two separate 2‑bedroom/1‑bath units
- Each unit includes 983 SF layout with a private backyard and an attached single‑car garage
- Stabilized rent setup: 8804 N Winding Way is vacant and 8806 N Winding Way is occupied by a long‑term month‑to‑month tenant
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.7k | $22.20 |
| − Vacancy | −$2.8k | −$1.43 |
| EGI | $40.8k | $20.77 |
| − OpEx | −$12.3k | −$6.23 |
| NOI | $28.6k | $14.54 |
1,967 SF · lease $22.20/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$408.5K
$357.4K – $476.6K
NOI $28,593 @ 7.0% cap · market cap 4.77%
Second Best
Apartment 5plus
$375.1K
$328.2K – $437.6K
NOI $26,256 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$524.0K
$458.5K – $611.4K
NOI $36,681 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Built in 1977, the duplex has two 2-bed, 1-bath units with private backyards and attached single-car garages.
Where is this duplex located?
The property is located at 8804 N Winding Way Fair Oaks, CA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Duplex built in 1977 (YearBuilt 1978 listed), offering two separate 2‑bedroom/1‑bath units; Each unit includes 983 SF layout with a private backyard and an attached single‑car garage; Stabilized rent setup: 8804 N Winding Way is vacant and 8806 N Winding Way is occupied by a long‑term month‑to‑month tenant
