Residential Income Property with
New
For Sale
$549,000
96-100 N Rodeo Gulch Rd, Soquel, CA 95073
Set within a 55+ community with a shared pool, clubhouse and billiards room.
Property Size1,390 SF
Price / SF$394.96
Days on Market3
Property Features for 96-100 N Rodeo Gulch Rd
General Information
Standard status
Active
Size
1,390 SF
Property subtype
Manufactured In Park
Units
Unit Mix
1 x 3BR/2BA
Multifamily Units
1
Amenities
community pool
clubhouse
billiards room
fireplace
Building Details
Year Built
2013
Buildings
1
Listing Agency:
Coldwell Banker Realty
(831) 247-0477
Listed By:
Laif Mc Clellan · License #01466074
(831) 325-8698
Source:
Exprealty
Added: Oct 6
Changed: Oct 7
Last Checked: Oct 7 at 2:09PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
Built in 2013, this 1,390-square-foot residence has three bedrooms, two bathrooms and an open interior with tall ceilings and recessed lighting. The kitchen includes an island and substantial storage and counter space; a fireplace anchors the living room. The primary suite features a walk-in closet, double sinks and a soaking tub. An oversized carport and a 12-by-8-foot storage shed with 10-foot ceilings provide additional utility. The backyard has artificial turf and is designed for limited upkeep.
Rodeo Gulch Estates is a 55+ community with a pool, clubhouse and billiards room. The property is in Soquel, with beaches, shopping and restaurants described as minutes away.
Rodeo Gulch Estates is a 55+ community with a pool, clubhouse and billiards room. The property is in Soquel, with beaches, shopping and restaurants described as minutes away.
Key Highlights
- Three‑bedroom, two‑bathroom residence built in 2013
- 1,390 square feet with an open interior layout
- Oversized carport and 12 x 8 storage shed with 10‑foot ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,779
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$715,580
$715.6K
Cap Rate 7%
$511,129
$511.1K
Cap Rate 9%
$397,544
$397.5K
Market Conditions
NOI Build-Up for 1,390 SF
Gross rent
$66.7K $48.00/SF
− Vacancy
−$1.7K −$1.20/SF
EGI
$65.1K $46.80/SF
− OpEx
−$29.3K −$21.06/SF
NOI
$35.8K $25.74/SF
Area
Santa Cruz County, CA
Vacancy
2.50%
Lease Rate
$48.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$715,580
Cap Rate 7%
$511,129
Cap Rate 9%
$397,544
Alternative Uses
Best Use
Apartment 5plus
$511.1K
$447.2K – $596.3K
NOI $35,779 @ 7.0% cap · market cap 6.52%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$794.8K
$695.5K – $927.3K
NOI $55,636 @ 7.0% cap · market cap 10.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,048
Businesses Nearby
Explore this area
Business Placement
Demographics for 95073, CA
10,549
Population
4,722
Households
2.2
Avg Household Size
48
Median Age
45%
College-Educated
95%
High-School Grad
22.9 sq mi
ZIP Area
461
Density / Sq Mi
$113,929
Median Household Income
$52,054
Median Earnings
$2,093
Median Rent
$1,012,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Set within a 55+ community with a shared pool, clubhouse and billiards room.
Where is this residential income property located?
The property is located at 96-100 N Rodeo Gulch Rd Soquel, CA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Three‑bedroom, two‑bathroom residence built in 2013; 1,390 square feet with an open interior layout; Oversized carport and 12 x 8 storage shed with 10‑foot ceilings
