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Residential Income Mobile Home

56 Club View Drive Novato, CA 94949

56 Club View Drive, Novato, CA, 94949
$309,500
For Sale
$309,500

Mobile home at 56 Club View Drive in Novato, listed for sale within a residential income community.

Property Size1,440 SF
Price / SF$214.93
Days on Market385

Property Features for 56 Club View Drive

General Information

Standard status
Active
Size
1,440 SF
Property subtype
Manufactured In Park

Building Details

Year Built
1975
Listing agency
Listed by Marc Chappell
Source Evrealestate
Added: Jul 3, 2025 Updated: Jul 22 at 5:36AM Checked: Jul 22 at 5:36AM

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 Marc Chappell


Investment Insights

Based on property information with market context.

This residential income mobile home is located at 56 Club View Drive in Novato, California. The property is listed for sale through a mobile home and RV park setting, with directions provided for accessing the home within the community.

For access, the directions note: after entering the park, take a left on Sunrise and then a right on Clubview Drive; the home is on the right.

The information provided includes the address and listed property size, with the home situated inside the park environment.

Key Highlights

  • Mobile home listed for sale at 56 Club View Drive in Novato within a residential income community
  • Built in 1975
  • Central air conditioning

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 (±1% cap)
NOI $20,860 @ 7.0% cap · market cap 6.74%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.03M
$6.15M – $8.21M (±1% cap)
NOI $492,367 @ 7.0% cap · market cap 159.08%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Dental Office Law Firm Hair Salon Kitchen & Bath Showroom Auto Parts Store (Bike/Boat/Book/etc) Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Computer & Electronic Repair Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mobile home & RV park - Mobile home at 56 Club View Drive in Novato, listed for sale within a residential income community.
Where is this mobile home & rv park located?
The property is located at 56 Club View Drive Novato, CA.
What is the asking price?
The asking price for this property is $309,500.
What are key features of this property?
This property features: Mobile home listed for sale at 56 Club View Drive in Novato within a residential income community; Built in 1975; Central air conditioning
Contact an agent
More about this property
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