8 Circle RD San Rafael, CA 94903 Active

UPDATED: 11/17/2025 09:29 PM ON MARKET: 13 days on market

$5,250,000

7 Beds5 Baths8,192 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 8,192 sqft

Price per Sqft $640

Subdivision Jlos Ranchitos

MLS Listing ID 325098886

Bedrooms 7

Full Baths 4

Half Baths 1

HOA Y/N No

Year Built 1999

Lot Size 1.148 Acres

Property Sub-Type Single Family Residence

Property Description

This exclusive Marin County single-tenant offering delivers secure, predictable cash flow backed by a long-term lease and minimal management requirements. At an asking price of $5,250,000, the investment produces a strong 6.04 cap rate based on actual NOI, positioning it as a compelling value opportunity in one of the Bay Area's most supply-constrained markets. Single-family residence with a long-term commercial tenant in place (10-year lease). The tenant recently renewed through 2035, demonstrating stability and commitment to the site. Annual rent increases provide built-in, inflation-protected income growth. With a Modified NNN lease, the tenant covers nearly all operating expenses, leaving the landlord responsible only for property taxes and structural items. This low-maintenance structure, combined with a current NOI of $317,015, makes the asset ideal for 1031 exchange buyers, private investors, and those seeking stable long-term cash flow with minimal oversight. Offering a rare blend of location, yield, and long-term stability, this Marin County asset stands out as one of the few opportunities delivering both quality and cash flow in today's market.