1555 Willow Glen Drive
About This Property
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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 |
|---|---|---|---|
| Jan 10, 2014 | Sold | ||
| Sold | |||
| Oct 21, 2013 | Listed by Harcourts Pacific Realty | $1,050,000 | |
| Listed by Harcourts Pacific Realty | |||
| Jan 30, 2013 | Sold | ||
| Sold | |||
| Aug 8, 2012 | Listed by Americapital | $1,200,000 | |
| Listed by Americapital | |||
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This resort style 5,461 sqft with a pool and a Jacuzzi sits on 6.7 FLAT acres. The property is amazing and offers endless posibilities. See Supplemental Remarks for more [Supplement]: GREAT INVESTMENT/DEVLOPMENT OPPORTUNITY! This resort style 5,461 sqft with a pool and a Jacuzzi sits on 6.7 FLAT acres. The property is zoned A70. This property sits on Willow Glen Golf Course. The possibilities with this type of zoning and location are endless. This is a great opportunity for a developer with a vision. The property is one of kind. You will not find another property like it in East County. A70 zoning with a major use permit will allow for the following uses: 1) Child Care Center 2) Community Center 3) Lodge or Civic Assembly 4) Religious Assembly 5) Outdoor Sports 6)Agricultural uses (no major use permit needed) 7)Winery (no major use permit needed)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017