18
Map
27 Willis Road
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 28, 2026 | Listed by Coldwell Banker Realty | $3,750,000 | |
| Listed by Coldwell Banker Realty | |||
| Jul 9, 2017 | Listed | $2,750,000 | |
| Listed | |||
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30.35 ACRES LOCATED IN THE HEART OF SCOTTS VALLEY OFF SCOTTS VALLEY DIRVE BETWEEN DUNSLEE WAY AND WILLIS ROAD. THE ZONING IS RURAL RESIDENTIAL 2.5 ACRE MIN. LOT SIZE. THE PROPERTY HAS LEGAL ACCESS AND FRONTAGE ALONG WILLIS ROAD WHICH IS PAVED TO THE PROPERTY LINE. THE EXISTING ROAD THROUGH THE PROPERTY IS ALSO PAVE TO DUNSLEE WAY WHICH TAKES YOU BACK ONTO SCOTTS VALLEY DRIVE. PRELIMINARY INVESTIGATION INDICATES THE PROPERTY HAS ACCESS TO SCOTTS VALLEY WATER AND SEWER. THE LOWER PART OF THE PROPERTY HAS A YEAR ROUND SPRING FED POND WITH A GROVE OF LARGE REDWOOD TREES ADJACENT TO THE ACCESS ROAD. SELLER HAS NOT MADE ANY DETERMINATION AS TO HOW MANY PARCELS CAN BE CREATED. BUYER TO DO THEIR OWN INVESTIGATION.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017