Two-Bedroom Income
For Sale
$155,000
30 Chelsea Cir, Cloverdale, CA 95425
Double-wide residence with two full baths, a primary ensuite, and a landscaped rear area.
Property Size1,080 SF
Price / SF$143.52
Days on Market108
Property Features for 30 Chelsea Cir
General Information
Standard status
Active
Size
1,080 SF
Property subtype
Manufactured In Park
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Amenities
pool
clubhouse
Building Details
Buildings
1
Listing Agency:
Engel & Volkers Healdsburg
6948821
Listed By:
Elissa Morrash · License #01872845
6948821
Source:
Exprealty
Added: Apr 23
Changed: Aug 8
Last Checked: Aug 8 at 9:16AM
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 Engel & Volkers Healdsburg
Investment Insights
Based on property information with market context.
Located at 30 Chelsea Cir in Cloverdale, this double-wide residence provides approximately 1,080 square feet of living space with two bedrooms and two full bathrooms. The primary bedroom includes an ensuite bath, while the second bathroom serves the remaining living area and occupants.
The property includes a landscaped area behind the home and is situated within Briarwood Mobile Home Park. Community amenities include an in-ground pool and clubhouse, adding shared recreational and gathering space to the residential setting.
The property includes a landscaped area behind the home and is situated within Briarwood Mobile Home Park. Community amenities include an in-ground pool and clubhouse, adding shared recreational and gathering space to the residential setting.
Key Highlights
- Approximately 1,080 square feet of living space
- Two‑bedroom, two‑bathroom double‑wide residence
- Primary bedroom includes an ensuite bathroom
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
$8,006
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
5.17%
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%
$160,120
$160.1K
Cap Rate 7%
$114,371
$114.4K
Cap Rate 9%
$88,956
$89.0K
Market Conditions
NOI Build-Up for 1,080 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
$15.6K $14.40/SF
− Vacancy
−$995 −$0.92/SF
EGI
$14.6K $13.48/SF
− OpEx
−$6.6K −$6.07/SF
NOI
$8.0K $7.41/SF
Area
Sonoma County, CA
Vacancy
6.40%
Lease Rate
$14.40 /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%
$160,120
Cap Rate 7%
$114,371
Cap Rate 9%
$88,956
Alternative Uses
Best Use
Apartment 5plus
$114.4K
$100.1K – $133.4K
NOI $8,006 @ 7.0% cap · market cap 5.17%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$292.7K
$256.1K – $341.4K
NOI $20,486 @ 7.0% cap · market cap 13.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
247
Businesses Nearby
Explore this area
Business Placement
Demographics for 95425, CA
11,252
Population
4,600
Households
2.4
Avg Household Size
44
Median Age
32%
College-Educated
84%
High-School Grad
191.8 sq mi
ZIP Area
59
Density / Sq Mi
$107,281
Median Household Income
$52,487
Median Earnings
$1,307
Median Rent
$647,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Double-wide residence with two full baths, a primary ensuite, and a landscaped rear area.
Where is this residential income property located?
The property is located at 30 Chelsea Cir Cloverdale, CA.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Approximately 1,080 square feet of living space; Two‑bedroom, two‑bathroom double‑wide residence; Primary bedroom includes an ensuite bathroom
