1152 8th Street
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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 |
|---|---|---|---|
| Oct 26, 2018 | Sold | ||
| Sold | |||
| Sep 15, 2018 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | Listed | $674,900 | |
| Listed | |||
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Coastal paradise w/potential ADU in back for family, friends or your own renters! New San Diego ADU rules allow back unit or main house to be rented separately when owner lives in one, allowing for rental income opportunities. Adding kitchenette & bath makes a perfect studio apartment, office for small business, playroom or workshop. Ideal for the growing family or buyer looking to own a possible income producing property. Well maintained 3BR/2BA near park, schools, military base, beach & restaurants. The manager has listed the unit size as 1398 square feet.
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| Aug 8, 2018 | Listed by Del Coronado Realty | $674,900 | |
| Listed by Del Coronado Realty | |||
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Coastal paradise w/potential ADU in back for family, friends or your own renters! New San Diego ADU rules allow back unit or main house to be rented separately when owner lives in one, allowing for rental income opportunities. Adding kitchenette & bath makes a perfect studio apartment, office for small business, playroom or workshop. Ideal for the growing family or buyer looking to own a possible income producing property. Well maintained 3BR/2BA near park, schools, military base, beach & restaurants. Neighborhoods: Imperial Beach Architectural Style: Craftsman/Bungalow View: Craftsman/Bungalow Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017