Residential Income Property with Hobby
For Sale
$660,000
315 N White Cottage Road, Angwin, CA 94508
Includes a hobby vineyard plus a 3-bedroom home and separate legal in-law unit with hardwood floors.
Property Size2,725 SF
Price / SF$242.20
Days on Market202
Property Features for 315 N White Cottage Road
General Information
Standard status
Active
Size
2,725 SF
Property subtype
Multi-Family
Amenities
Central Air, A/C - Other, Ceiling Fan(s)
3
Tile, Other, Laminate, Wood
Dishwasher, Electric Range/Cooktop, Microwave, Dryer, Washer
Foyer Entry, Internet Connection
Alarm -Smoke/Fire
Foyer Entry
Spanish Clay Tile
Other
Front Porch
Fenced Yard.
3 Garage Spaces. 5 Parking Spaces. Detached Garage.
Wood, Stucco, Frame
Other, Vineyard
2 Houses / 1 Lot.
Listing Agency:
Luxe Places International Realty
(707) 225-2999
Listed By:
Petra Hartman-Agapoff
(707) 225-2999
Source:
Xome
Added: Jan 21
Changed: Aug 8
Last Checked: Aug 11 at 5:32AM
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 Luxe Places International Realty
Investment Insights
Based on property information with market context.
This distinctive property pairs a hobby vineyard with a primary 3-bedroom, 2-bath home. Inside, the living areas are described as spacious with great natural light, and hardwood floors run throughout. The living room features a cozy fireplace/insert. The interior is noted as needing work, offering a canvas for renovation to suit an owner’s preferences.
The home also includes a separate legal in-law unit with 2 bedrooms and 1 bath. The property is located at 315 N White Cottage Road N in Angwin, CA 94508.
Overall, it presents a residential income setup combined with vineyard use, supported by the two distinct dwelling units described in the remarks.
The home also includes a separate legal in-law unit with 2 bedrooms and 1 bath. The property is located at 315 N White Cottage Road N in Angwin, CA 94508.
Overall, it presents a residential income setup combined with vineyard use, supported by the two distinct dwelling units described in the remarks.
Key Highlights
- Includes a hobby vineyard plus a 3‑bedroom home and a separate legal in‑law unit (2 bed/1 bath).
- 3‑bedroom, 2‑bath home features hardwood floors and a cozy fireplace/insert in the living room.
- Kitchen appliances include dishwasher, electric range/cooktop, and microwave, plus washer and dryer.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$48,155
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.30%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$963,100
$963.1K
Cap Rate 7%
$687,929
$687.9K
Cap Rate 9%
$535,056
$535.1K
Market Conditions
NOI Build-Up for 2,725 SF
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.
Gross rent
$73.6K $27.00/SF
− Vacancy
−$4.8K −$1.76/SF
EGI
$68.8K $25.25/SF
− OpEx
−$20.6K −$7.57/SF
NOI
$48.2K $17.67/SF
Area
Napa County, CA
Vacancy
6.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$963,100
Cap Rate 7%
$687,929
Cap Rate 9%
$535,056
Alternative Uses
Best Use
Multifamily LT 5
$687.9K
$601.9K – $802.6K
NOI $48,155 @ 7.0% cap · market cap 7.30%
Second Best
Apartment 5plus
$621.1K
$543.5K – $724.6K
NOI $43,477 @ 7.0% cap · market cap 6.59%
Theoretical Best
Specialty Retail
$5.50M
$4.81M – $6.42M
NOI $384,925 @ 7.0% cap · market cap 58.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Explore this area
Business Placement
Demographics for 94508, CA
3,233
Population
1,128
Households
2.9
Avg Household Size
35
Median Age
57%
College-Educated
93%
High-School Grad
16.0 sq mi
ZIP Area
202
Density / Sq Mi
$116,534
Median Household Income
$34,125
Median Earnings
$1,651
Median Rent
$774,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Vineyard - Includes a hobby vineyard plus a 3-bedroom home and separate legal in-law unit with hardwood floors.
Where is this vineyard located?
The property is located at 315 N White Cottage Road Angwin, CA.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: Includes a hobby vineyard plus a 3‑bedroom home and a separate legal in‑law unit (2 bed/1 bath).; 3‑bedroom, 2‑bath home features hardwood floors and a cozy fireplace/insert in the living room.; Kitchen appliances include dishwasher, electric range/cooktop, and microwave, plus washer and dryer.
