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Mobile Home & RV Park Property
For Sale
$328,000

1038 Capewood Lane, Windsor, CA 95492

The property includes central air, a gas range, refrigerator, dishwasher, disposal, and covered attached exterior features.

Property Size1,644 SF
Price / SF$199.51
Days on Market176

Property Features for 1038 Capewood Lane

General Information

Standard status Active
Size 1,644 SF
Total Parking Spaces 2
Property subtype Manufactured In Park

Amenities

Central Air
Central
Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Water Heater, Range Hood, Ice Maker, Microwave
Double Vanity, Pantry
Attached, Covered

Building Details

Year Built 1990
Listing Agency: Century 21 Epic
Listed By: Mari B. Giblin · License #01465954
Source: Evrealestate
Added: Mar 9 Changed: Aug 30 Last Checked: Aug 30 at 9:30PM

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 Century 21 Epic

Investment Insights

Based on property information with market context.

This Mobile Home & RV Park property includes central air and central heating, along with a kitchen equipped with a dishwasher, disposal, free-standing gas range, free-standing refrigerator, range hood, ice maker, microwave, and gas water heater. Interior features also include a double vanity and pantry. The property was built in 1990 and has attached, covered exterior features.

The property is located at 1038 Capewood Lane in Windsor, Sonoma County. Access directions reference Conde Lane, Blue Spruce, and Capewood, providing a route to the park entrance.

Key Highlights

  • Mobile Home & RV Park property in Windsor, Sonoma County
  • Built in 1990
  • Central air and central heating

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
$12,187
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
3.72%
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%
$243,740 $243.7K
Cap Rate 7%
$174,100 $174.1K
Cap Rate 9%
$135,411 $135.4K
Market Conditions
NOI Build-Up for 1,644 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
$23.7K $14.40/SF
− Vacancy
−$1.5K −$0.92/SF
EGI
$22.2K $13.48/SF
− OpEx
−$10.0K −$6.07/SF
NOI
$12.2K $7.41/SF
Area
Sonoma County, CA
Vacancy
6.40%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
45.00%
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%
$243,740
Cap Rate 7%
$174,100
Cap Rate 9%
$135,411

Alternative Uses

Best Use
Apartment 5plus
$174.1K
$152.3K – $203.1K (±1% cap)
NOI $12,187 @ 7.0% cap · market cap 3.72%
Second Best
no second resolved use
Theoretical Best
Specialty Retail
$445.5K
$389.8K – $519.7K (±1% cap)
NOI $31,184 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Computer & Electronic Repair Bakery Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

430
Businesses Nearby

Demographics for 95492, CA

27,819
Population
10,013
Households
2.8
Avg Household Size
42
Median Age
35%
College-Educated
89%
High-School Grad
19.8 sq mi
ZIP Area
1,405
Density / Sq Mi
$131,022
Median Household Income
$54,001
Median Earnings
$2,149
Median Rent
$777,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - The property includes central air, a gas range, refrigerator, dishwasher, disposal, and covered attached exterior features.
Where is this mobile home & rv park located?
The property is located at 1038 Capewood Lane Windsor, CA.
What is the asking price?
The asking price for this property is $328,000.
What are key features of this property?
This property features: Mobile Home & RV Park property in Windsor, Sonoma County; Built in 1990; Central air and central heating
More about this property
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