Updated 2BR Manufactured
178 Marin Valley Drive Novato, CA 94949
178 Marin Valley Drive, Novato, CA, 94949
$349,000
For Sale
$349,000
Bright 2-bedroom, 2-bath home with updated kitchen, double-paned windows, and a deck in a mobile country club.
Property Size1,040 SF
Price / SF$335.58
Days on Market36
Property Features for 178 Marin Valley Drive
General Information
- Standard status
- Active
- Size
- 1,040 SF
- Property subtype
- Manufactured In Park / Double Wide
Building Details
- Year Built
- 1970
Listing agency
City Real Estate
(415) 793-0111
Listed by
Traci A Thiercof · License #01817886
(415) 793-0111
Source
Compass
Added: Jun 16 Updated: Jul 21 at 4:40AM Checked: Jul 21 at 4:40AM
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 City Real Estate
Investment Insights
Based on property information with market context.
This bright and cheerful 2-bedroom, 2-bath manufactured home has been thoughtfully updated with new carpet, fresh paint, and an updated kitchen featuring stainless steel appliances. Most windows are double-paned to help keep the interior quiet and comfortable year-round. A deck provides outdoor space, and fresh landscaping adds to the well-kept feel of the property.
Set within Marin Valley Mobile Country Club at 178 Marin Valley Drive in Novato, the community offers a saltwater swimming pool and spa, plus a workout room. A calendar of activities is available, and the setting includes walking paths and surrounding nature.
The home’s updated finishes and functional layout make it a strong fit for buyers seeking a move-in-ready residence inside an amenity-rich manufactured home community.
Set within Marin Valley Mobile Country Club at 178 Marin Valley Drive in Novato, the community offers a saltwater swimming pool and spa, plus a workout room. A calendar of activities is available, and the setting includes walking paths and surrounding nature.
The home’s updated finishes and functional layout make it a strong fit for buyers seeking a move-in-ready residence inside an amenity-rich manufactured home community.
Key Highlights
- 2‑bedroom, 2‑bath home in Marin Valley Mobile Country Club
- Updated kitchen with stainless steel appliances
- Central heating and central cooling
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 | $29.1k | $27.96 |
| − Vacancy | −$1.7k | −$1.62 |
| EGI | $27.4k | $26.34 |
| − OpEx | −$12.3k | −$11.85 |
| NOI | $15.1k | $14.49 |
1,040 SF · lease $27.96/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$215.2K
$188.3K – $251.1K
NOI $15,066 @ 7.0% cap · market cap 4.32%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.08M
$4.44M – $5.93M
NOI $355,598 @ 7.0% cap · market cap 101.89%
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 - Bright 2-bedroom, 2-bath home with updated kitchen, double-paned windows, and a deck in a mobile country club.
Where is this mobile home & rv park located?
The property is located at 178 Marin Valley Drive Novato, CA.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 2‑bedroom, 2‑bath home in Marin Valley Mobile Country Club; Updated kitchen with stainless steel appliances; Central heating and central cooling
