1005 W 8th Street
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 |
|---|---|---|---|
| Jul 30, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2025 | Listed by Keller Williams Property Team | $359,000 | |
| Listed by Keller Williams Property Team | |||
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This beautifully maintained 3BD, 2BA single story home is nestled on an oversized corner lot in Merced and truly reflects pride of ownership. Inside, you'll find tile flooring throughout, updated bathrooms, and a freshly painted interior. The bedrooms are highlighted by tall baseboards, adding a custom touch. The functional kitchen, featuring ample cabinet space, a gas stove, microwave and a stainless steel refrigerator included with the home. A homeowners dream spacious backyard designed for versatility featuring a giant storage shed, mature fruit trees and gated alley access with a carport for extra parking or utility space. Additional highlights include a newer roof, and central A/C and heat, ensuring year round comfort.
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| Mar 27, 2019 | Sold | ||
| Sold | |||
| Oct 31, 2018 | Listed by London Properties Ltd, Atwater | $185,000 | |
| Listed by London Properties Ltd, Atwater | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017