550 River
About This Property
Approx. 42,200 SF flat residential lot (APNs: 0177-12-1010 & 0177-12-1020) offering excellent potential for duplex, triplex, townhomes or small apartment development (buyer to verify with City).
All utilities available. Located near the Sacramento River within established residential area, ideal for infill development or build-to-rent strategy.
Situated approx. 35–40 minutes to Sacramento and 60–75 minutes to Bay Area edge cities. Affordable land basis with strong long-term upside.
Property is located in a flood zone - buyer to conduct due diligence regarding development requirements.
Great opportunity for builders, investors, or land bankers seeking multi-unit residential potential in a growing Northern California market.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 15, 2026 | Listed by Wetrust Realty | $835,000 | |
| Listed by Wetrust Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017