76
Map
505 Alfadel Lane
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 |
|---|---|---|---|
| Sep 17, 2026 | Listed by Bailey Properties | $3,895,000 | |
| Listed by Bailey Properties | |||
| Jan 21, 2021 | Sold | ||
| Sold | |||
| Dec 23, 2020 | Listed by Collins Coastal Realty | $2,499,000 | |
| Listed by Collins Coastal Realty | |||
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Tranquil home, coastal breezes, panoramic hillside & valley views, gently slopes down to permitted Equestrian facility "Willow Pond Ranch." Rare Covered arena AND uncovered arena, office & workshop, 26 stables & mare barn. Home on knoll above has luxurious ensuite bath, rainforest marble counters, etched art glass shower w/7 jets, spa tub w/jets. Huge walkin closets and generous hand-finished cabinetry. Gourmet custom kitchen, chef range, custom copper farm-style sink, wine cooler & granite counters. 8+ exterior doors step out to 2000 sq ft wrap around deck and patios with terraced gardens w/fruit trees & exotic plants. 3+ Springs, year-round "Love Creek" & Willow Pond provide sufficient water throughout, 40' waterfall cascades to a Koi pond near outdoor BBQ area. (Ranch facilities currently used for Equine Assisted Therapy.) Sleeping loft above great room. Downstairs separate entrance with bonus room, bedroom, office, bath & laundry room. Excellent Schools; Mountain Elementary!!
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| Jun 14, 2019 | No longer available | - | |
| No longer available | |||
| Mar 9, 2019 | Listed | $2,800,000 | |
| Listed | |||
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Ideally located, the elegant, custom remodeled, plantation farmhouse commands 360° views of redwoods, woodlands, gardens, waterfall and the ranch and valley with year-round creek below. Willow Pond Ranch is convenient to shopping, beaches, town, and Silicon Valley. Its idyllic ambiance invites casual living and bountiful outdoor entertaining within a secluded sanctuary for people and horses alike. The manager has listed the unit size as 3000 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017