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Residential Income Property
For Sale
$725,000

79-79 Plumosa Ln, Aptos, CA 95003

Move-in ready home offered for sale with listed size of 1,600 square feet.

Property Size1,600 SF
Price / SF$453.13
Days on Market1572

Property Features for 79-79 Plumosa Ln

General Information

Standard status Active
Size 1,600 SF
Property subtype Manufactured In Park
Listing Agency: Bailey Properties
Listed By: Oscar Gutierrez · License #01446932
Source: Exprealty
Added: Jul 8, 2022 Changed: Oct 25 Last Checked: Oct 24 at 8:23PM

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 Bailey Properties

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Offered for sale, this residential property is listed as move-in ready in the public remarks. The home is described as “gorgeous” and is listed with a property size of 1,600 square feet.

The property is located at 79-79 Plumosa Ln in Aptos, California, and is currently offered at $725,000. Property types are listed as Mobile home & RV parks, multifamily properties, and residential income properties, which may be relevant for buyers reviewing fit under their intended use.

Key Highlights

  • Move‑in ready home for sale in Aptos Pines
  • Listed size of 1,600 square feet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,184
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$823,680 $823.7K
Cap Rate 7%
$588,343 $588.3K
Cap Rate 9%
$457,600 $457.6K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$76.8K $48.00/SF
− Vacancy
−$1.9K −$1.20/SF
EGI
$74.9K $46.80/SF
− OpEx
−$33.7K −$21.06/SF
NOI
$41.2K $25.74/SF
Area
Santa Cruz County, CA
Vacancy
2.50%
Lease Rate
$48.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$823,680
Cap Rate 7%
$588,343
Cap Rate 9%
$457,600

Alternative Uses

Best Use
Apartment 5plus
$588.3K
$514.8K – $686.4K (±1% cap)
NOI $41,184 @ 7.0% cap · market cap 5.68%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$914.9K
$800.5K – $1.07M (±1% cap)
NOI $64,042 @ 7.0% cap · market cap 8.83%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Location Intelligence

Trade Area within ½ mile

126
Businesses Nearby

Demographics for 95003, CA

24,706
Population
11,728
Households
2.1
Avg Household Size
50
Median Age
54%
College-Educated
96%
High-School Grad
32.4 sq mi
ZIP Area
763
Density / Sq Mi
$140,990
Median Household Income
$63,609
Median Earnings
$2,548
Median Rent
$1,154,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Move-in ready home offered for sale with listed size of 1,600 square feet.
Where is this mobile home & rv park located?
The property is located at 79-79 Plumosa Ln Aptos, CA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Move‑in ready home for sale in Aptos Pines; Listed size of 1,600 square feet
More about this property
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