Residential Income
9 Ramble Creek Drive Cotati, CA 94931
9 Ramble Creek Drive, Cotati, CA, 94931
$165,000
For Sale
$165,000
Residential income opportunity on Ramble Creek Drive in Cotati, Sonoma County.
Property Size800 SF
Price / SF$206.25
Days on Market120
Property Features for 9 Ramble Creek Drive
General Information
- Standard status
- Active
- Size
- 800 SF
- Property subtype
- Manufactured In Park
Building Details
- Year Built
- 1979
Listing agency
(707) 328-1720
Listed by
Carole McMahon · License #1483660
(707) 328-1720
Source
Evrealestate
Added: Mar 25 Updated: Jul 22 at 3:48AM Checked: Jul 22 at 3:48AM
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 Carole McMahon
Investment Insights
Based on property information with market context.
This residential income property is located at 9 Ramble Creek Drive in Cotati, Sonoma County. The offering is categorized as a residential income property, with additional listing classifications including multifamily properties and mobile home & RV parks.
Directions noted by the listing agent are south on Old Redwood Hwy toward Rt Page and Rt Ramble Creek.
Prospective buyers should review local zoning and use requirements for the specific configuration at the site, as the available information does not provide further details on unit mix or improvements.
Directions noted by the listing agent are south on Old Redwood Hwy toward Rt Page and Rt Ramble Creek.
Prospective buyers should review local zoning and use requirements for the specific configuration at the site, as the available information does not provide further details on unit mix or improvements.
Key Highlights
- Central heating and ceiling fan(s)
- Washer/dryer stacked included
- Covered parking
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 | $11.5k | $14.40 |
| − Vacancy | −$737 | −$0.92 |
| EGI | $10.8k | $13.48 |
| − OpEx | −$4.9k | −$6.07 |
| NOI | $5.9k | $7.41 |
800 SF · lease $14.40/SF/yr · vacancy 6.40% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$84.7K
$74.1K – $98.8K
NOI $5,930 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$216.8K
$189.7K – $252.9K
NOI $15,175 @ 7.0% cap · market cap 9.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
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 - Residential income opportunity on Ramble Creek Drive in Cotati, Sonoma County.
Where is this mobile home & rv park located?
The property is located at 9 Ramble Creek Drive Cotati, CA.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Central heating and ceiling fan(s); Washer/dryer stacked included; Covered parking