9065 WILLMINGTON BOULEVARD
About This Property
Possible double lot purchase (priced together at $60,000). Don't miss this rare chance to own two vacant lots side by side at 9065 & 9059 Willmington Blvd, ideally located in the growing East Englewood area. These adjacent parcels offer flexibility and potential-perfect for investors, builders or anyone looking to secure land in a desirable location. With no deed restrictions and no HOA fees, you'll enjoy the freedom to build and use the property as you see fit (buyer to verify zoning and intended use). Whether you're planning a custom home, a multi-lot project or holding for future appreciation, this property provides endless possibilities. Conveniently situated near major roads, local amenities, schools, and shopping, while still offering the space and privacy that vacant land provides. Secure one lot or take advantage of both for expanded options and added value. Opportunities like this don't come around often-bring your vision and make it yours!
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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 |
|---|---|---|---|
| Feb 17, 2026 | Price Decreased |
$30,000
↓ $30K
(50%) | |
| Price Decreased | |||
| Jan 23, 2026 | Listed by PELICAN REALTY CORP | $60,000 | |
| Listed by PELICAN REALTY CORP | |||
| Jul 19, 2022 | Sold | ||
| Sold | |||
| Jun 20, 2022 | Listed by PELICAN REALTY CORP | $27,900 | |
| Listed by PELICAN REALTY CORP | |||
| Jan 12, 2005 | Sold | ||
| Sold | |||
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About Englewood
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PELICAN REALTY CORP
Last Updated: 8 months ago
Data Source: Stellar MLS, MLS# N6142596
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017