1500 WILLOW AVENUE
About This Property
Welcome Home! Opportunity meets vision in the heart of Ruxton. Set on one of the most desirable lots in the community, this classic cottage farmhouse is positioned on nearly 1.2 acres with a peaceful stream flowing just beyond the backyard, an incredibly rare and serene backdrop in a multi-million-dollar market.
From the moment you walk through the front door of the West Wing, you're welcomed by a dramatic great room featuring 17' vaulted ceilings, a statement fireplace, beautiful custom built-in bookcases, and incredible natural light that pours in from every angle, illuminating the gorgeous pine planking. It's a space designed for gathering, entertaining, and everyday living.
Just off the great room is a charming dining area paired with a wet bar and half bath, the perfect setup for hosting friends and family with ease.
Down the hallway, you'll find the first of four spacious bedrooms and a full bathroom that serves both this bedroom and the expansive primary suite. The primary suite feels like its own private retreat, complete with soaring vaulted ceilings and a cozy fireplace, a peaceful place to unwind at the end of the day. Upstairs, a third bedroom and half bath, currently used as a home office, offer flexibility to suit your needs.
Travel through the beautifully designed galley kitchen featuring granite countertops, stainless steel appliances, and warm pine planking. The kitchen has a bright breakfast nook overlooking the private flagstone courtyard.
Step outside into the courtyard, ready to be transformed into your personal oasis. Picture evenings filled with music, laughter, fires, barbecues, and classic Maryland steamed crabs under the open sky. Attached to the courtyard is an additional bonus space awaiting your vision: home office, gym, updated he/she shed, art studio, or gardening retreat. The possibilities are truly endless.
On the East Wing of the home, a cozy den flooded with natural light overlooks the breathtaking lot, offering the ideal setting for quiet mornings, reading, or simply taking in the beauty of the property. This wing includes the home's second full bathroom, with a fourth bedroom or guest suite situated above providing privacy and comfort for visitors.
This property offers incredible potential for:
• A homeowner ready to design a dream home in one of the area's most coveted locations
• An investor looking to renovate, expand, and build equity in a premier market
Whether you renovate, reimagine, or restore this is a rare opportunity to create something truly special in Ruxton. Priced to sell quickly, this home won't last long!
Open Houses are scheduled for Saturday March 14th and Sunday March 15th from 11;00 AM - 1:00 PM on both day.s.
*** Seller is expecting multiple offers and has set a best and final date of Monday 3/16 by NOON***
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 13, 2026 | Sold | ||
| Sold | |||
| Mar 19, 2026 | In contract | - | |
| In contract | |||
| Mar 12, 2026 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $735,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| Jan 11, 2024 | Sold | ||
| Sold | |||
| Nov 5, 2023 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017