3BR/2BA Mobile Home in
For Sale
$379,999
Pending
1395 Sunbeam Cir 1395, San Jose, CA 95122
3-bedroom, 2-bath mobile home with an open floor plan and modern interior design in a mobilehome park.
Property Size1,464 SF
Days on Market51
Property Features for 1395 Sunbeam Cir 1395
General Information
Standard status
Pending
Size
1,464 SF
Property subtype
Commercial
Building Details
Building Size
1,464 SF
Year Built
1979
Listed By:
Trang Truong
(408) 613-5426
Source:
Elliman
Added: Jul 24
Changed: Sep 11
Last Checked: Sep 12 at 8:45AM
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 Trang Truong
Investment Insights
Based on property information with market context.
This 1,446-square-foot mobile home offers three bedrooms and two bathrooms with an open floor plan that connects the living area to a functional kitchen. The interior is described as modern, with a bright and airy layout designed for everyday comfort.
The home is situated within Sunshade Mobilehome Park, described as a safe and convenient community. Accessibility is supported by moderate walkability (Walk Score 63) and bikeability (Bike Score 54), with transit scoring at 49.
For buyers looking for a streamlined, move-in ready residence, the flexible layout and interior design are central features of the home.
The home is situated within Sunshade Mobilehome Park, described as a safe and convenient community. Accessibility is supported by moderate walkability (Walk Score 63) and bikeability (Bike Score 54), with transit scoring at 49.
For buyers looking for a streamlined, move-in ready residence, the flexible layout and interior design are central features of the home.
Key Highlights
- 1,446 SF mobile home built in 1979 with 3 bedrooms and 2 bathrooms
- Open floor plan with modern interior design and a bright, airy living area
- Functional kitchen that flows into the main living space
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
$27,486
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
7.23%
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%
$549,720
$549.7K
Cap Rate 7%
$392,657
$392.7K
Cap Rate 9%
$305,400
$305.4K
Market Conditions
NOI Build-Up for 1,446 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
$52.1K $36.00/SF
− Vacancy
−$2.1K −$1.44/SF
EGI
$50.0K $34.56/SF
− OpEx
−$22.5K −$15.55/SF
NOI
$27.5K $19.01/SF
Area
ZIP 95122
Vacancy
4.00%
Lease Rate
$36.00 /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%
$549,720
Cap Rate 7%
$392,657
Cap Rate 9%
$305,400
Alternative Uses
Best Use
Apartment 5plus
$392.7K
$343.6K – $458.1K
NOI $27,486 @ 7.0% cap · market cap 7.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$873.0K
$763.9K – $1.02M
NOI $61,108 @ 7.0% cap · market cap 16.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,246
Businesses Nearby
Explore this area
Business Placement
Demographics for 95122, CA
54,056
Population
12,560
Households
4.3
Avg Household Size
36
Median Age
18%
College-Educated
65%
High-School Grad
4.8 sq mi
ZIP Area
11,262
Density / Sq Mi
$103,406
Median Household Income
$41,704
Median Earnings
$2,424
Median Rent
$838,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - 3-bedroom, 2-bath mobile home with an open floor plan and modern interior design in a mobilehome park.
Where is this mobile home & rv park located?
The property is located at 1395 Sunbeam Cir 1395 San Jose, CA.
What is the asking price?
The asking price for this property is $379,999.
What are key features of this property?
This property features: 1,446 SF mobile home built in 1979 with 3 bedrooms and 2 bathrooms; Open floor plan with modern interior design and a bright, airy living area; Functional kitchen that flows into the main living space
