Residential Income Property Corner
363 Glacier Way San Rafael, CA 94903
363 Glacier Way, San Rafael, CA, 94903
$440,000
For Sale
$440,000
For sale residential income property located on a corner of Yosemite and Glacier.
Property Size1,440 SF
Price / SF$305.56
Days on Market499
Property Features for 363 Glacier Way
General Information
- Standard status
- Active
- Size
- 1,440 SF
- Property subtype
- Manufactured In Park
Building Details
- Year Built
- 1975
Listing agency
(415) 328-3916
Listed by
Beverly Padgett
(415) 328-3916
Source
Evrealestate
Added: Mar 11, 2025 Updated: Jul 20 at 7:37PM Checked: Jul 22 at 6:25AM
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 Beverly Padgett
Investment Insights
Based on property information with market context.
This for-sale residential income property is situated on a corner lot at Yosemite and Glacier, with the home positioned at that intersection. The property is listed at 363 Glacier Way in San Rafael, California, within Marin County.
The directions provided are Smith Ranch Road to Yosemite. While the available information does not specify unit configuration or interior details, the corner placement at Yosemite and Glacier is a key physical feature for visibility and access from the intersection.
The directions provided are Smith Ranch Road to Yosemite. While the available information does not specify unit configuration or interior details, the corner placement at Yosemite and Glacier is a key physical feature for visibility and access from the intersection.
Key Highlights
- Corner location on Yosemite and Glacier (per directions: Smith Ranch Road to Yosemite).
- Central heating and central air conditioning.
- Appliances include dishwasher, disposal, electric water heater, free‑standing refrigerator, and range hood.
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 | $40.3k | $27.96 |
| − Vacancy | −$2.3k | −$1.62 |
| EGI | $37.9k | $26.34 |
| − OpEx | −$17.1k | −$11.85 |
| NOI | $20.9k | $14.49 |
1,440 SF · lease $27.96/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$298.0K
$260.8K – $347.7K
NOI $20,860 @ 7.0% cap · market cap 4.74%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.03M
$6.15M – $8.21M
NOI $492,367 @ 7.0% cap · market cap 111.90%
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 - For sale residential income property located on a corner of Yosemite and Glacier.
Where is this mobile home & rv park located?
The property is located at 363 Glacier Way San Rafael, CA.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Corner location on Yosemite and Glacier (per directions: Smith Ranch Road to Yosemite).; Central heating and central air conditioning.; Appliances include dishwasher, disposal, electric water heater, free‑standing refrigerator, and range hood.
