Updated 3BR 2BA Home in 55+
For Sale
$425,000
2901-2901 Moss Hollow Dr, San Jose, CA 95121
Updated 3-bedroom, 2-bath home with wood flooring, newer roof, covered porch, and covered carport in a 55+ community.
Property Size1,620 SF
Price / SF$262.35
Days on Market50
Property Features for 2901-2901 Moss Hollow Dr
General Information
Standard status
Active
Size
1,620 SF
Property subtype
Manufactured In Park
Additional Details
Highway Access
Yes
Listing Agency:
Real Brokerage Technologies
(619) 663-8680
Listed By:
Lex Orosco · License #01930420
(408) 921-5788
Source:
Exprealty
Added: Jul 20
Changed: Sep 6
Last Checked: Sep 6 at 11:21AM
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 Real Brokerage Technologies
Investment Insights
Based on property information with market context.
This beautifully updated 3-bedroom, 2-bath home is set within a desirable 55+ community and offers a bright interior with updated finishes. Highlights include attractive wood flooring, fresh interior paint, a newer roof, and tastefully updated kitchen and bathrooms. The kitchen provides abundant cabinetry and storage, while the primary suite includes a generous walk-in closet. The floor plan is designed for everyday comfort and functionality, with living space that supports both relaxation and entertaining.
Outside, enjoy a sizable covered porch and a covered carport, along with nearby visitor parking. The community location is described as close to shopping, dining, parks, and major highways, supporting convenient day-to-day access for errands and commuting.
Outside, enjoy a sizable covered porch and a covered carport, along with nearby visitor parking. The community location is described as close to shopping, dining, parks, and major highways, supporting convenient day-to-day access for errands and commuting.
Key Highlights
- Updated 3‑bedroom, 2‑bath residence in an Evergreen 55+ community
- Attractive wood flooring and fresh interior paint throughout the home
- Newer roof
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
$33,696
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
7.93%
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%
$673,920
$673.9K
Cap Rate 7%
$481,371
$481.4K
Cap Rate 9%
$374,400
$374.4K
Market Conditions
NOI Build-Up for 1,620 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
$64.2K $39.60/SF
− Vacancy
−$2.9K −$1.78/SF
EGI
$61.3K $37.82/SF
− OpEx
−$27.6K −$17.02/SF
NOI
$33.7K $20.80/SF
Area
San Jose, CA
Vacancy
4.50%
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%
$673,920
Cap Rate 7%
$481,371
Cap Rate 9%
$374,400
Alternative Uses
Best Use
Apartment 5plus
$481.4K
$421.2K – $561.6K
NOI $33,696 @ 7.0% cap · market cap 7.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$978.4K
$856.1K – $1.14M
NOI $68,486 @ 7.0% cap · market cap 16.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
784
Businesses Nearby
Explore this area
Business Placement
Demographics for 95121, CA
37,609
Population
9,918
Households
3.8
Avg Household Size
41
Median Age
34%
College-Educated
79%
High-School Grad
4.4 sq mi
ZIP Area
8,548
Density / Sq Mi
$133,700
Median Household Income
$51,811
Median Earnings
$2,912
Median Rent
$1,024,700
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 - Updated 3-bedroom, 2-bath home with wood flooring, newer roof, covered porch, and covered carport in a 55+ community.
Where is this mobile home & rv park located?
The property is located at 2901-2901 Moss Hollow Dr San Jose, CA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Updated 3‑bedroom, 2‑bath residence in an Evergreen 55+ community; Attractive wood flooring and fresh interior paint throughout the home; Newer roof
