Single-Family Residential
For Sale
$450,000
Madera, CA 93638, Madera, CA 93638
Business Opportunity, Madera, CA
Property Size2,500 SF
Lot Size0.63 Acres
Price / SF$180
Days on Market248
Property Features
General Information
Property type
Residential
Property subtype
Retail
Parking features
Covered
Subdivision
638
Standard status
Active
APN
008142071000
Size
2,500 SF
Lot size
0.63 Acres
Building Details
Year built
2021
Listing Agency:
HomeSmart PV and Associates · HomeSmart International
(559) 473-2555
Listed By:
Sharan Rakkar · License #01924725
(209) 602-6147
Added: Mar 1
Changed: Nov 2
Last Checked: Nov 3 at 5:06AM
MLS# 644642
Copyright © 2026 Fresno Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This for-sale single-family residential property includes approximately 2,500 square feet of living space situated on a 0.63-acre lot. The listing is recorded under residential income and single-family property types, offering a residential-style asset for appropriate buyers.
The property is located in Madera, California 93638, in Madera County. Specific interior features, condition details, and additional improvements beyond the lot and overall size are not provided with this listing information.
For buyers and brokers reviewing comps or considering a residential purchase in Madera, this listing provides the core size metrics and lot acreage from the available data.
The property is located in Madera, California 93638, in Madera County. Specific interior features, condition details, and additional improvements beyond the lot and overall size are not provided with this listing information.
For buyers and brokers reviewing comps or considering a residential purchase in Madera, this listing provides the core size metrics and lot acreage from the available data.
Key Highlights
- Built in 2021
- Parking includes covered parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,502
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,040
$510.0K
Cap Rate 7%
$364,314
$364.3K
Cap Rate 9%
$283,356
$283.4K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$50.4K $20.16/SF
− Vacancy
−$4.0K −$1.61/SF
EGI
$46.4K $18.55/SF
− OpEx
−$20.9K −$8.35/SF
NOI
$25.5K $10.20/SF
Area
Madera County, CA
Vacancy
8.00%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,040
Cap Rate 7%
$364,314
Cap Rate 9%
$283,356
Alternative Uses
Best Use
Apartment 5plus
$364.3K
$318.8K – $425.0K
NOI $25,502 @ 7.0% cap · market cap 5.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$967.5K
$846.6K – $1.13M
NOI $67,724 @ 7.0% cap · market cap 15.05%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
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Business Placement
Demographics for 93638, CA
51,106
Population
12,821
Households
4
Avg Household Size
29
Median Age
8%
College-Educated
56%
High-School Grad
90.3 sq mi
ZIP Area
566
Density / Sq Mi
$60,031
Median Household Income
$28,544
Median Earnings
$1,218
Median Rent
$291,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Single family property - Single-family home on a 0.63-acre lot with 2,500 square feet of living space.
Where is this single family property located?
The property is located at Madera, CA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Built in 2021; Parking includes covered parking
