8515 Mcalpine 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%.
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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 20, 2025 | Sold | ||
| Sold | |||
| May 25, 2025 | In contract | - | |
| In contract | |||
| Apr 1, 2025 | Listed by KELLER WILLIAMS RIVERSIDE CENT | $820,000 | |
| Listed by KELLER WILLIAMS RIVERSIDE CENT | |||
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Gorgeous country-style two story home with 4 bedrooms and 3 baths on a spacious corner lot in the highly desired community of Orangecrest. Left side has gated 8 foot width for RV parking. Property is on a quiet street with no through traffic and no neighbors on one side. Front yard is gorgeously landscaped with flowers and gravel for easy maintenance & also includes a working fountain for soothing background ambiance. Double front doors lead to the family & dining rooms with charming built-in cases and leaded glass windows. Kitchen is newly remodeled with white cabinets, granite countertops, a huge butcher block island with seating, & built-in wine fridge. Kitchen is also equipped with stainless steel appliances & a massive walk-in pantry with added storage organizers. Primary suite includes separate tub & walk-in shower, two sinks, and two massive walk-in closets with thousands in built-ins. All additional bedrooms are upstairs with working ceiling fans in each & a shared bathroom with two sinks. There is an additional shower in the downstairs bathroom and space in the family room to potentially add a 5th bedroom downstairs. Windows are covered with plantation shutters throughout the home except in kids bedrooms which are equipped with blinds. Downstairs flooring is a dark wood-look tile with light square tile in the kitchen. Upstairs has dark laminate planks. The upstairs also includes a loft with built-in book shelves for a library & two additional storage cabinets in the hallway. Shiplap accent walls & custom wood work throughout the home give it an added country charm. Backyard has an alumawood covered patio equipped with fans and outlets & is also a garden lover's paradise with fruit trees, built-in garden trellises along the fence, four custom-built raised beds for a vegetable garden with built-in drip irrigation, & a storage shed. Bearing fruit includes grapevines, meyer lemon, fig, apple, apricot, avocado, pomegranate, tangerine, mandarin, lime, cherimoya, asian pears, and cherry. The backyard has also been overlaid with gravel for easy maintenance. Home also includes a three car garage with built-in cabinet storage, an EV charger for electric vehicles, wifi thermostat, and paid-off 8.4KW solar for a reduced electricity bill. Home is just two blocks away from Orange Terrace Park & within walking distance of Franklin Elementary & Earhart Middle School. Taxes are low and there is no HOA.
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| Feb 22, 2018 | Sold | ||
| Sold | |||
| Nov 22, 2017 | Listed by WINDERMERE R.E. TOWER PROP. | $499,000 | |
| Listed by WINDERMERE R.E. TOWER PROP. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017