Corner-Lot Mobile Home in
For Sale
$399,000
Pending
416-1085 Tasman Dr, Sunnyvale, CA 94089
3-bedroom, 2-bath mobile home with a bonus room, set on a corner lot within Casa de Amigos Mobile Home Park.
Property Size1,536 SF
Days on Market131
Property Features for 416-1085 Tasman Dr
General Information
Standard status
Pending
Size
1,536 SF
Property subtype
Manufactured In Park
Amenities
gym
swimming pool
hot tub
event space
Listing Agency:
Realty One Group Infinity
(408) 766-9908
Listed By:
Karen Covarrubias · License #01975633
(408) 766-9908
Source:
Exprealty
Added: Mar 30
Changed: Jul 26
Last Checked: Jul 31 at 1:12PM
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 Realty One Group Infinity
Investment Insights
Based on property information with market context.
Located at 416-1085 Tasman Dr, this mobile home is situated on a corner lot in Casa de Amigos Mobile Home Park. The residence features three bedrooms and two bathrooms, along with a versatile bonus room that can serve multiple purposes such as a home office, gym, or game room. Inside, the layout is described as clean and open, designed to provide comfortable living space.
Casa de Amigos is presented as a well-maintained community with a friendly atmosphere, while also offering privacy and security. Residents have access to on-site amenities including a gym, swimming pool, hot tub, and event space.
The property is conveniently positioned near Silicon Valley, with shopping centers, dining options, and everyday conveniences nearby.
Casa de Amigos is presented as a well-maintained community with a friendly atmosphere, while also offering privacy and security. Residents have access to on-site amenities including a gym, swimming pool, hot tub, and event space.
The property is conveniently positioned near Silicon Valley, with shopping centers, dining options, and everyday conveniences nearby.
Key Highlights
- 3‑bedroom, 2‑bath mobile home with a bonus room in Casa de Amigos Mobile Home Park
- Bonus room offers flexible space for a home office, gym, or game room
- Corner lot with outdoor space for BBQs and entertaining
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
$32,467
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
8.14%
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%
$649,340
$649.3K
Cap Rate 7%
$463,814
$463.8K
Cap Rate 9%
$360,744
$360.7K
Market Conditions
NOI Build-Up for 1,536 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
$61.7K $40.20/SF
− Vacancy
−$2.7K −$1.77/SF
EGI
$59.0K $38.43/SF
− OpEx
−$26.6K −$17.29/SF
NOI
$32.5K $21.14/SF
Area
Sunnyvale, CA
Vacancy
4.40%
Lease Rate
$40.20 /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%
$649,340
Cap Rate 7%
$463,814
Cap Rate 9%
$360,744
Alternative Uses
Best Use
Apartment 5plus
$463.8K
$405.8K – $541.1K
NOI $32,467 @ 7.0% cap · market cap 8.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$667.5K
$584.0K – $778.7K
NOI $46,722 @ 7.0% cap · market cap 11.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
667
Businesses Nearby
Explore this area
Business Placement
Demographics for 94089, CA
23,255
Population
9,449
Households
2.5
Avg Household Size
37
Median Age
57%
College-Educated
92%
High-School Grad
6.1 sq mi
ZIP Area
3,812
Density / Sq Mi
$153,725
Median Household Income
$82,653
Median Earnings
$3,351
Median Rent
$392,000
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 - 3-bedroom, 2-bath mobile home with a bonus room, set on a corner lot within Casa de Amigos Mobile Home Park.
Where is this mobile home & rv park located?
The property is located at 416-1085 Tasman Dr Sunnyvale, CA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath mobile home with a bonus room in Casa de Amigos Mobile Home Park; Bonus room offers flexible space for a home office, gym, or game room; Corner lot with outdoor space for BBQs and entertaining
