Mobile Home & RV
For Sale
$399,000
57 Yosemite Road, San Rafael, CA 94903
For sale in Marin County, positioned at the back of the complex.
Property Size1,782 SF
Price / SF$223.91
Days on Market61
Property Features for 57 Yosemite Road
General Information
Standard status
Active
Size
1,782 SF
Total Parking Spaces
2
Property subtype
Manufactured In Park
Amenities
Central Air
Central, Wood Stove
Dishwasher, Free-Standing Gas Oven, Free-Standing Gas Range, Gas Water Heater
Cathedral Ceiling(s), Double Vanity
Wood Burning Stove
Covered
Building Details
Year Built
2002
Listing Agency:
(415) 235-4111
Listed By:
Daniel W. Carey
(415) 235-4111
Source:
Evrealestate
Added: Jun 25
Changed: Aug 24
Last Checked: Aug 24 at 5:22AM
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 Daniel W. Carey
Investment Insights
Based on property information with market context.
Offered for sale is a residential income property that is also described as a mobile home & RV park and a multifamily asset. The listing indicates a property size of 1,782 (units not specified).
Directions note the location as the back of the complex. The property is located at 57 Yosemite Road, San Rafael, CA 94903, in Marin County.
The available information characterizes the property as fitting the mobile home & RV park and multifamily categories, with no additional improvements, unit mix, or operating details provided in the listing remarks.
Directions note the location as the back of the complex. The property is located at 57 Yosemite Road, San Rafael, CA 94903, in Marin County.
The available information characterizes the property as fitting the mobile home & RV park and multifamily categories, with no additional improvements, unit mix, or operating details provided in the listing remarks.
Key Highlights
- Built in 2002
- Central air conditioning plus central heating and a wood stove
- Wood‑burning stove fireplace feature
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
$25,814
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
6.47%
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%
$516,280
$516.3K
Cap Rate 7%
$368,771
$368.8K
Cap Rate 9%
$286,822
$286.8K
Market Conditions
NOI Build-Up for 1,782 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
$49.8K $27.96/SF
− Vacancy
−$2.9K −$1.62/SF
EGI
$46.9K $26.34/SF
− OpEx
−$21.1K −$11.85/SF
NOI
$25.8K $14.49/SF
Area
Marin County, CA
Vacancy
5.80%
Lease Rate
$27.96 /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%
$516,280
Cap Rate 7%
$368,771
Cap Rate 9%
$286,822
Alternative Uses
Best Use
Apartment 5plus
$368.8K
$322.7K – $430.2K
NOI $25,814 @ 7.0% cap · market cap 6.47%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$8.70M
$7.62M – $10.16M
NOI $609,304 @ 7.0% cap · market cap 152.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,650
Businesses Nearby
Explore this area
Business Placement
Demographics for 94903, CA
30,514
Population
12,708
Households
2.4
Avg Household Size
47
Median Age
55%
College-Educated
92%
High-School Grad
19.9 sq mi
ZIP Area
1,533
Density / Sq Mi
$127,464
Median Household Income
$57,527
Median Earnings
$3,026
Median Rent
$1,149,400
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 - For sale in Marin County, positioned at the back of the complex.
Where is this mobile home & rv park located?
The property is located at 57 Yosemite Road San Rafael, 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: Built in 2002; Central air conditioning plus central heating and a wood stove; Wood‑burning stove fireplace feature
