Two-Level Concrete
New
For Sale
$249,000
Dajaos, Bayamon, PR 00956
House, Dajaos, Bayamón, PR
Property Size1,053 SF
Lot Size0.09 Acres
Price / SF$236.47
Days on Market2
Property Features for Dajaos
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 4, Bathroom 3
Parking
4
Parking features
Open
Exterior features
Quiet Area
Subdivision
Dajaos (Barrio)
Standard status
Active
Size
1,053 SF
Lot size
0.09 Acres
Building Details
Year built
1998
Listing Agency:
Keller Williams Grand Homes · Keller Williams Realty
Listed By:
Orbe Soto
(787) 706-8400
Added: Sep 25
Last Checked: Sep 26 at 12:06AM
MLS# 66920
Copyright © 2026 Xposure. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1998, this 1,053-square-foot concrete duplex in Dajaos, Bayamón, has one residence on each floor. The upper unit contains three bedrooms and two bathrooms. The lower unit has one bedroom, one bathroom, and an additional outdoor bathroom.
The property is on a cul-de-sac in a rural setting described as mountainous, with fields nearby. Highway 167 is about five minutes away. Open parking is provided.
The property is on a cul-de-sac in a rural setting described as mountainous, with fields nearby. Highway 167 is about five minutes away. Open parking is provided.
Key Highlights
- 1,053 square feet of construction
- Concrete duplex built in 1998
- Upper residence: 3 bedrooms and 2 bathrooms
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
$10,763
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
4.32%
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%
$215,260
$215.3K
Cap Rate 7%
$153,757
$153.8K
Cap Rate 9%
$119,589
$119.6K
Market Conditions
NOI Build-Up for 1,053 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
$16.1K $15.30/SF
− Vacancy
−$735 −$0.70/SF
EGI
$15.4K $14.60/SF
− OpEx
−$4.6K −$4.38/SF
NOI
$10.8K $10.22/SF
Area
San Juan, PR
Vacancy
4.56%
Lease Rate
$15.30 /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%
$215,260
Cap Rate 7%
$153,757
Cap Rate 9%
$119,589
Alternative Uses
Best Use
Multifamily LT 5
$153.8K
$134.5K – $179.4K
NOI $10,763 @ 7.0% cap · market cap 4.32%
Second Best
Apartment 5plus
$133.9K
$117.2K – $156.2K
NOI $9,373 @ 7.0% cap · market cap 3.76%
Theoretical Best
Specialty Retail
$257.8K
$225.6K – $300.7K
NOI $18,044 @ 7.0% cap · market cap 7.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Demographics for 00956, PR
72,353
Population
31,649
Households
2.3
Avg Household Size
45
Median Age
29%
College-Educated
83%
High-School Grad
27.4 sq mi
ZIP Area
2,641
Density / Sq Mi
$28,674
Median Household Income
$21,111
Median Earnings
$645
Median Rent
$134,800
Median Home Value
Market
Vacancy Rate% for Multifamily in the U.S.
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two residences occupy separate floors, with a larger three-bedroom home above a one-bedroom unit.
Where is this duplex located?
The property is located at Dajaos Bayamon, PR.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 1,053 square feet of construction; Concrete duplex built in 1998; Upper residence: 3 bedrooms and 2 bathrooms
