Remodeled Mobile Home in
146-225 Mount Hermon Rd Scotts Valley, CA 95066
146-225 Mount Hermon Rd, Scotts Valley, CA, 95066
$519,000
For Sale
$519,000
Updated residence with remodeled kitchen, private rear deck, and an attached oversized shed for storage or workshop use.
Property Size1,680 SF
Price / SF$308.93
Days on Market34
Property Features for 146-225 Mount Hermon Rd
General Information
- Standard status
- Active
- Size
- 1,680 SF
- Property subtype
- Manufactured In Park
Listing agency
David Lyng Real Estate
(831) 234-0315
Listed by
Diane Molnar
(831) 234-0315
Source
Exprealty
Added: Jun 19 Updated: Jul 22 at 12:16AM Checked: Jul 22 at 12:16AM
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 David Lyng Real Estate
Investment Insights
Based on property information with market context.
This updated mobile home offers a spacious, light-filled interior with picture windows in the living and dining rooms. The remodeled kitchen provides abundant cabinetry and generous counter space, and a comfortable family room includes a convenient office nook. A private rear deck connects to the family room, and bamboo flooring runs throughout the home. An oversized attached 9' x 10' shed adds significant storage or workshop flexibility.
Set within Spring Lakes, an age-restricted community with landscaped, park-like grounds, residents have access to a clubhouse, pool, and community activities.
The home is described as meticulously maintained and move-in ready, with features designed for both everyday living and entertaining.
Set within Spring Lakes, an age-restricted community with landscaped, park-like grounds, residents have access to a clubhouse, pool, and community activities.
The home is described as meticulously maintained and move-in ready, with features designed for both everyday living and entertaining.
Key Highlights
- Remodeled kitchen with abundant cabinetry and generous counter space
- Light‑filled living and dining rooms with expansive picture windows
- Family room with convenient office nook leading to a private rear deck
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $80.6k | $48.00 |
| − Vacancy | −$2.0k | −$1.20 |
| EGI | $78.6k | $46.80 |
| − OpEx | −$35.4k | −$21.06 |
| NOI | $43.2k | $25.74 |
1,680 SF · lease $48.00/SF/yr · vacancy 2.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$617.8K
$540.5K – $720.7K
NOI $43,243 @ 7.0% cap · market cap 8.33%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$960.6K
$840.6K – $1.12M
NOI $67,244 @ 7.0% cap · market cap 12.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
Similar For Sale Nearby
FAQs
What type of property is this?
Mobile home & RV park - Updated residence with remodeled kitchen, private rear deck, and an attached oversized shed for storage or workshop use.
Where is this mobile home & rv park located?
The property is located at 146-225 Mount Hermon Rd Scotts Valley, CA.
What is the asking price?
The asking price for this property is $519,000.
What are key features of this property?
This property features: Remodeled kitchen with abundant cabinetry and generous counter space; Light‑filled living and dining rooms with expansive picture windows; Family room with convenient office nook leading to a private rear deck
