8527 RAPLEY PRESERVE CIRCLE
About This Property
Set on a premium .71 acre lot facing the scenic preserve in the quiet gated community of Rapley Preserve at Avenel, this custom oasis elevates the concept of luxury living to an entirely new level. Extensive 2023 renovations include a NEW slate roof, NEW wide plank white oak hardwood floors, NEW upper level bedrooms and baths along with numerous systems and more. Two story arched windows flood the home with natural light while plaster crown moldings and hand-crafted scrolled ironwork set the tone of refined elegance that begins at the custom front door and extends through all three levels. 5 bedroom suites include a main level primary, 3 upper level suites and 1 on the lower. The main level features a handsome paneled library with curved wall of windows and fireplace, beautiful formal dining room with hand-painted wallpaper, living room defined by a stunning floor-to-ceiling palladian window, and formal and informal powder rooms. The kitchen is every chef's dream, appointed with vaulted, beamed wood ceiling, limestone ceramic floors, and substantial island. The open concept kitchen/family room offers a sunlit casual dining area overlooking the grounds and family room enhanced with built-ins and one of the home's 5 fireplaces. Every fireplace is dual fuel, operable as wood burning or gas. Sited for privacy at the opposite end of the main level, the primary suite overlooks the lush backyard and features three jaw-dropping professionally organized walk-in closets including a custom dressing room, gorgeous bath with octagonal tray ceiling, and an additional room perfect for a second home office. A work of art itself, the dramatic scrolled stair banister to the upper level, one of two staircases, leads to 3 additional ensuite bedrooms, each with a renovated bath and generous closet space. The sprawling lower level introduces a host of entertaining, play and exercise areas, 2 fireplaces, bedroom 5 with ensuite bath plus a separate half bath and wide walk up staircase to the backyard. Are you in need of abundant storage space? You found it along it with multiple zoned heat and cooling, a reverse osmosis water system with UV filtration, and 4 garage spaces tucked discreetly to the side of the property. The peaceful rear yard features a flagstone patio with multiple seating and dining areas overlooking meticulous landscaping with room for a pool. Centered around the professional TPC golf course of Potomac, Avenel includes three swimming pools, a clubhouse, tennis and pickleball courts, ball fields, playgrounds, and a three-mile jogging and biking trail. Many homes in the community have private pools, and this property presents that option to the new owner as well. HOA includes all lawn care, offering a turn-key luxury lifestyle.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| May 29, 2026 | Sold | ||
| Sold | |||
| Apr 30, 2026 | In contract | - | |
| In contract | |||
| Apr 15, 2026 | Price Decreased |
$3,695,000
↓ $300K
(7.5%) | |
| Price Decreased | |||
| Jan 29, 2026 | Price Decreased |
$3,995,000
↓ $200K
(4.8%) | |
| Price Decreased | |||
| Nov 1, 2025 | Price Decreased |
$4,195,000
↓ $200K
(4.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017