1308 8th Street
About This Property
Property is an original condition. Situated in a fabulous location and Beautiful Bay and Morro Rock views, and just two blocks away from Morro Bay waterfront and Morro Bay State Park. This home has a large gated yard and patio with gate to the nature preserve. Car parking area in front, large enough for RV if desired. Great sunny location on quiet street two blocks to bay, golf course, parks, and shopping centers.
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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 |
|---|---|---|---|
| Feb 7, 2020 | Sold | ||
| Sold | |||
| Nov 14, 2019 | Listed by Empire Real Estate Group | $535,000 | |
| Listed by Empire Real Estate Group | |||
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You must see this gorgeous renovated 3 bedroom 2 bath Los Osos home. This home has so much to offer, with location being at the top of the list. Just a few blocks to the Bay, and less than 1 block to Baywood Elementary School. This home is located in a great family neighborhood of Los Osos. As you enter the home, you will immediately see the open floor plan. The kitchen offers brand new shaker cabinets with granite counters, Floating shelves and tile backsplash. Cant help but notice the awesome peninsula to enjoy your family meals that also opens up to the living room and dining area. Brand new laminate flooring and tile floors throughout the entire home. Nice size backyard, and plenty of parking for your cars upfront. Please take the time and view all the pictures of what this home has to offer. This home will not last long. Its priced to sell quick! Please contact your favorite Realtor today to view this Los Osos charmer!
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| Aug 31, 2019 | Sold | ||
| Sold | |||
| Jun 19, 2019 | Listed by Keller Williams Realty Central Coast | $399,000 | |
| Listed by Keller Williams Realty Central Coast | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017