Manufactured Home in 55+
For Sale
$419,000
51-433 Sylvan Ave, Mountain View, CA 94041
Updated 3-bedroom, 2-bath home with vaulted ceilings, skylights, and a deck, plus private guest suite and workshop shed.
Property Size1,710 SF
Price / SF$245.03
Days on Market74
Property Features for 51-433 Sylvan Ave
General Information
Standard status
Active
Size
1,710 SF
Property subtype
Manufactured In Park
Additional Details
Highway Access
Yes
Amenities
clubhouse
pool
Listing Agency:
BOLD Realty Group
(760) 809-7960
Listed By:
Brian Smith
(760) 809-7960
Source:
Exprealty
Added: Jun 11
Changed: Aug 20
Last Checked: Aug 23 at 5:58AM
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 BOLD Realty Group
Investment Insights
Based on property information with market context.
An updated manufactured home in a 55+ community featuring a bright, open floor plan with vaulted ceilings and oversized skylights in the living room and kitchen. The home offers three bedrooms and two full bathrooms, including a versatile bedroom with its own private entrance for added privacy. Interior finishes include fresh paint, warm brown water-resistant laminate flooring throughout, with plush carpeting in one bedroom.
Outdoor space includes a private rose garden screened by high, mature shrubbery, along with a miniature orange tree. At the end of the carport, a premium shed provides storage and workshop space with electricity, shelving, a long overhead fluorescent light, and outlets with USB ports. A roomy, elevated deck sits off the carport entrance, with custom low-rise 6" stairs supporting easier navigation. The property also includes double-access storage under the deck.
Community amenities include access to a privately placed pool and a clubhouse that hosts multiple social activities each week. The location provides immediate access to Hwy 237 and I-85.
Outdoor space includes a private rose garden screened by high, mature shrubbery, along with a miniature orange tree. At the end of the carport, a premium shed provides storage and workshop space with electricity, shelving, a long overhead fluorescent light, and outlets with USB ports. A roomy, elevated deck sits off the carport entrance, with custom low-rise 6" stairs supporting easier navigation. The property also includes double-access storage under the deck.
Community amenities include access to a privately placed pool and a clubhouse that hosts multiple social activities each week. The location provides immediate access to Hwy 237 and I-85.
Key Highlights
- Updated 1,710 SF, 3‑bedroom, 2‑full‑bath home in Mountain View’s Sunset Estates 55+ community
- Vaulted ceilings with oversized skylights in the living room and kitchen for bright, open living space
- Warm brown water‑resistant laminate flooring throughout, plus plush carpeting in one bedroom and fresh interior paint
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
$32,504
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
7.76%
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%
$650,080
$650.1K
Cap Rate 7%
$464,343
$464.3K
Cap Rate 9%
$361,156
$361.2K
Market Conditions
NOI Build-Up for 1,710 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
$61.6K $36.00/SF
− Vacancy
−$2.5K −$1.44/SF
EGI
$59.1K $34.56/SF
− OpEx
−$26.6K −$15.55/SF
NOI
$32.5K $19.01/SF
Area
Santa Clara County, CA
Vacancy
4.00%
Lease Rate
$36.00 /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%
$650,080
Cap Rate 7%
$464,343
Cap Rate 9%
$361,156
Alternative Uses
Best Use
Apartment 5plus
$464.3K
$406.3K – $541.7K
NOI $32,504 @ 7.0% cap · market cap 7.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$903.3K – $1.20M
NOI $72,265 @ 7.0% cap · market cap 17.25%
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
1,261
Businesses Nearby
Explore this area
Business Placement
Demographics for 94041, CA
15,604
Population
7,383
Households
2.1
Avg Household Size
36
Median Age
73%
College-Educated
94%
High-School Grad
1.6 sq mi
ZIP Area
9,753
Density / Sq Mi
$168,980
Median Household Income
$96,520
Median Earnings
$2,927
Median Rent
$2,000,001
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 vaulted ceilings, skylights, and a deck, plus private guest suite and workshop shed.
Where is this mobile home & rv park located?
The property is located at 51-433 Sylvan Ave Mountain View, CA.
What is the asking price?
The asking price for this property is $419,000.
What are key features of this property?
This property features: Updated 1,710 SF, 3‑bedroom, 2‑full‑bath home in Mountain View’s Sunset Estates 55+ community; Vaulted ceilings with oversized skylights in the living room and kitchen for bright, open living space; Warm brown water‑resistant laminate flooring throughout, plus plush carpeting in one bedroom and fresh interior paint
