Updated 2BR Manufactured
17-1515 N Milpitas Blvd Milpitas, CA 95035
For Sale
$340,000
Move-in ready 2-bedroom, 2-bath manufactured home with fresh interior paint, new appliances, and vaulted ceilings.
Property Size1,120 SF
Price / SF$303.57
Days on Market40
Property Features for 17-1515 N Milpitas Blvd
General Information
- Standard status
- Active
- Size
- 1,120 SF
- Property subtype
- Manufactured In Park
Listing Agency:
Pacificwide Real Estate & Mortgage
(408) 890-8098
Listed By:
Kevin Khoi Nguyen · License #01480801
(408) 890-8098
Source:
Exprealty
Added: Jun 14
Changed: Jul 22
Last Checked: Jul 22 at 2:35PM
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 Pacificwide Real Estate & Mortgage
Investment Insights
Based on property information with market context.
This move-in ready manufactured home offers 2 bedrooms and 2 bathrooms with an updated interior. The home has been freshly painted and includes brand-new appliances. Inside, a bright, open living space features vaulted ceilings and natural light, with a functional flow from the living room into a spacious kitchen. The kitchen includes stainless steel appliances, generous counter space, and a convenient breakfast-bar peninsula. A built-in china hutch with glass-front cabinetry is located in the dining area for added storage and display. Both bedrooms are comfortable and well-lit.
The home is located within Mobilodge of Milpitas Park, a well-kept 55+ senior community. Community amenities include a pool and a clubhouse, and the community requires at least one resident age 55+, with other occupants 50+.
Park management states the space rent is approximately $355 per month and is expected to remain the same for the new owner, subject to buyer verification. Additional nearby shopping, dining, and major commute routes are noted in the remarks.
The home is located within Mobilodge of Milpitas Park, a well-kept 55+ senior community. Community amenities include a pool and a clubhouse, and the community requires at least one resident age 55+, with other occupants 50+.
Park management states the space rent is approximately $355 per month and is expected to remain the same for the new owner, subject to buyer verification. Additional nearby shopping, dining, and major commute routes are noted in the remarks.
Key Highlights
- Move‑in ready 2‑bedroom, 2‑bath manufactured home with fresh interior paint and new appliances
- Vaulted ceilings and bright, open living space with an indoor layout that flows into the kitchen
- Kitchen includes stainless steel appliances, generous counter space, and a breakfast‑bar peninsula
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 | $40.3k | $36.00 |
| − Vacancy | −$1.6k | −$1.44 |
| EGI | $38.7k | $34.56 |
| − OpEx | −$17.4k | −$15.55 |
| NOI | $21.3k | $19.01 |
1,120 SF · lease $36.00/SF/yr · vacancy 4.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$304.1K
$266.1K – $354.8K
NOI $21,289 @ 7.0% cap · market cap 6.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$676.2K
$591.6K – $788.9K
NOI $47,331 @ 7.0% cap · market cap 13.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
FAQs
What type of property is this?
Mobile home & RV park - Move-in ready 2-bedroom, 2-bath manufactured home with fresh interior paint, new appliances, and vaulted ceilings.
Where is this mobile home & rv park located?
The property is located at 17-1515 N Milpitas Blvd Milpitas, CA.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Move‑in ready 2‑bedroom, 2‑bath manufactured home with fresh interior paint and new appliances; Vaulted ceilings and bright, open living space with an indoor layout that flows into the kitchen; Kitchen includes stainless steel appliances, generous counter space, and a breakfast‑bar peninsula
