55+ Mobile Home in Silvercrest
For Sale
$549,900
276-195 Blossom Hill Road, San Jose, CA 95123
Modern 55+ mobile home with three bedrooms and two bathrooms in the Silvercrest community
Property Size1,829 SF
Price / SF$300.66
Days on Market83
Property Features for 276-195 Blossom Hill Road
General Information
Standard status
Active
Size
1,829 SF
Property subtype
Manufactured In Park
Building Details
Year Built
2023
Listing Agency:
Advantage Homes
(408) 316-9854
Listed By:
Todd Su · License #01355922
(408) 316-9854
Source:
Exprealty
Added: May 22
Changed: Jul 30
Last Checked: Aug 11 at 12:34PM
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 Advantage Homes
Investment Insights
Based on property information with market context.
Introducing a 2023 Silvercrest home in a 55+ community setting at 276-195 Blossom Hill Road in San Jose, CA 95123. This residence offers three bedrooms and two bathrooms with an estimated 1,829 square feet of interior living space.
The interior features contemporary finishes and an abundance of natural light, with a well-appointed kitchen that includes modern appliances and elegant cabinetry. Living areas are designed for both everyday comfort and entertaining, and the primary suite includes its own ensuite bathroom.
Outside, landscaped surroundings provide a calm environment for outdoor enjoyment. The information provided, including square footage, is based on data received from the seller and/or public sources and should be verified by prospective buyers.
The interior features contemporary finishes and an abundance of natural light, with a well-appointed kitchen that includes modern appliances and elegant cabinetry. Living areas are designed for both everyday comfort and entertaining, and the primary suite includes its own ensuite bathroom.
Outside, landscaped surroundings provide a calm environment for outdoor enjoyment. The information provided, including square footage, is based on data received from the seller and/or public sources and should be verified by prospective buyers.
Key Highlights
- 2023 Silvercrest home in a 55+ community
- Estimated 1,829 square feet of living space
- Three bedrooms and two bathrooms
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
$37,645
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
6.85%
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%
$752,900
$752.9K
Cap Rate 7%
$537,786
$537.8K
Cap Rate 9%
$418,278
$418.3K
Market Conditions
NOI Build-Up for 1,829 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
$72.4K $39.60/SF
− Vacancy
−$4.0K −$2.18/SF
EGI
$68.4K $37.42/SF
− OpEx
−$30.8K −$16.84/SF
NOI
$37.6K $20.58/SF
Area
ZIP 95123
Vacancy
5.50%
Lease Rate
$39.60 /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%
$752,900
Cap Rate 7%
$537,786
Cap Rate 9%
$418,278
Alternative Uses
Best Use
Apartment 5plus
$537.8K
$470.6K – $627.4K
NOI $37,645 @ 7.0% cap · market cap 6.85%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$582.5K
$509.7K – $679.6K
NOI $40,773 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
359
Businesses Nearby
Explore this area
Business Placement
Demographics for 95123, CA
70,040
Population
25,023
Households
2.8
Avg Household Size
38
Median Age
45%
College-Educated
91%
High-School Grad
7.8 sq mi
ZIP Area
8,979
Density / Sq Mi
$136,364
Median Household Income
$64,536
Median Earnings
$2,953
Median Rent
$1,108,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Modern 55+ mobile home with three bedrooms and two bathrooms in the Silvercrest community
Where is this mobile home & rv park located?
The property is located at 276-195 Blossom Hill Road San Jose, CA.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: 2023 Silvercrest home in a 55+ community; Estimated 1,829 square feet of living space; Three bedrooms and two bathrooms
