Affordable Santa Clara County
559 Mountain Home Dr 559 San Jose, CA 95136
559 Mountain Home Dr 559, San Jose, CA, 95136
$409,900
For Sale
$409,900
Updated 3-bedroom home in family-friendly community with low space rent.
Property Size1,440 SF
Price / SF$284.65
Days on Market98
Property Features for 559 Mountain Home Dr 559
General Information
- Standard status
- Active
- Size
- 1,440 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1973
Listing Agency
BRG Realty
(408) 472-5582
Listed by
Lawrence Gillen · License #01193237
(408) 472-5582
Source
Elliman
Added: Apr 15 Updated: Jul 10 at 12:35 pm Checked: Jul 19 at 6:08 am
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 BRG Realty
Investment Insights
Based on property information with market context.
This home offers approximately 1,440 sq ft of living space and features meaningful upgrades. Improvements include updated outlets and light switches, energy-efficient LED lighting, Milgard Intrinsic Series low-profile double-pane windows & sliding door, furnace with American Standard A/C, Aprilaire whole house filtration, cellular shades throughout, Bosch stainless steel dishwasher, and Samsung stainless steel microwave. The washer and dryer are included without warranty. Copper water lines and a remodeled guest bathroom are also featured. Freshly painted inside and out, the home includes a large enclosed deck area with new carpet, paneling, paint, and window screens, providing flexible bonus space. Two sheds provide additional storage. A lot drainage system along the left side of the home helps direct water away from the property. The property has its own yard with seasonal oranges and dragon fruit. Located in the desirable Mountain Shadows Mobile Home Park, a family-friendly community with convenient access to Highway 87, Almaden Expressway, and nearby Highway 85. The location has a bike score of 52, making it bikeable, a walk score of 67, making it somewhat walkable, and a transit score of 44, indicating some transit options.
Key Highlights
- Extremely low space rent ($838) and no property tax, offering significant affordability in Santa Clara County.
- Updated with meaningful upgrades that may support insurability comparable to newer homes (buyer to verify).
- Approx. 1,440 sq ft of living space with 3 bedrooms and 2 bathrooms.
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 | $57.0k | $39.60 |
| − Vacancy | −$2.6k | −$1.78 |
| EGI | $54.5k | $37.82 |
| − OpEx | −$24.5k | −$17.02 |
| NOI | $30.0k | $20.80 |
1,440 SF · lease $39.60/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$427.9K
$374.4K – $499.2K
NOI $29,952 @ 7.0% cap · market cap 7.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$869.7K
$761.0K – $1.01M
NOI $60,876 @ 7.0% cap · market cap 14.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
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 - Updated 3-bedroom home in family-friendly community with low space rent.
Where is this mobile home & rv park located?
The property is located at 559 Mountain Home Dr 559 San Jose, CA.
What is the asking price?
The asking price for this property is $409,900.
What are key features of this property?
This property features: Extremely low space rent ($838) and no property tax, offering significant affordability in Santa Clara County.; Updated with meaningful upgrades that may support insurability comparable to newer homes (buyer to verify).; Approx. 1,440 sq ft of living space with 3 bedrooms and 2 bathrooms.
