2863 ALPIN Drive
About This Property
Step into style and space in this meticulously maintained home that backs up to a peaceful nature preserve! From the beautifully designed kitchen with sleek countertops and a spacious island, to the open layout perfect for entertaining, every detail is designed with ease of living in mind.
The owner's suite is a serene escape with a spa-inspired bath and a large walk-in closet, while additional flex space offers endless possibilities for guests, office, or play. Step outside to enjoy Florida living on your covered patio with peaceful preserve views and shaded community gathering areas just steps away.
Seller is offering a buyer incentive that can be used to lower your interest rate or cover closing costs-making this an even smarter move.
Minutes from River City Town Center, the new VA Hospital, JAX Airport, and NS Mayport-this is more than a home; it's a lifestyle upgrade.
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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 |
|---|---|---|---|
| Jul 15, 2025 | Sold | ||
| Sold | |||
| Jun 13, 2025 | In contract | - | |
| In contract | |||
| May 23, 2025 | Price Decreased |
$385,000
↓ $15K
(3.8%) | |
| Price Decreased | |||
| Apr 23, 2025 | Price Decreased |
$400,000
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Feb 27, 2025 | Listed by UNITED REAL ESTATE GALLERY | $405,000 | |
| Listed by UNITED REAL ESTATE GALLERY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017