222 8th Street
About This Property
step inside... to a true Beach cottage with all the modern conveniences one would expect in a rebuilt and remodeled home ! This extraordinary property was completely taken down to the studs and the front house was meticulously rebuilt, combining modern luxury with timeless charm. Situated in an exceptional beach-close location, this home offers the perfect blend of relaxation and convenience.
Main Residence:
2 Bedrooms, 2 Bathrooms: Spacious and elegantly designed with comfort in mind.
High Barrel Ceilings: A unique architectural feature that enhances the open and airy feel of the living spaces.
The heated Bathroom Floors allow you to Indulge in the luxury of warmth underfoot, creating a spa-like experience in your daily routine.
Hardwood Floors: Beautiful, high-quality hardwood flooring throughout, adding warmth and character to every room.
Central Air: Stay cool and comfortable year-round with a state-of-the-art central air conditioning system.
Security System: Peace of mind is yours with a comprehensive security system protecting your home complete with exterior cameras as well. Surround Sound System: Enjoy an immersive audio experience in every room, perfect for entertaining or relaxing.
Tankless Water Heater: Energy-efficient and on-demand hot water, ensuring endless comfort. Newer double pane windows for easy care and energy efficiency. Designer wood and glass doors adding to the thoughtful design elements of the home, custom exterior awnings.
2-Car Garage: Convenient and spacious, offering plenty of room for vehicles and storage.
Additional Rental Unit:
1 Bedroom Spacious Apartment: A charming and fully-equipped apartment with a private patio, ideal for generating rental income or hosting guests.
An exceptional property where every detail has been carefully considered and flawlessly executed. Enjoy the Seal Beach lifestyle where shopping, dining, surfing and walks along the shore are an everyday occurrence. CHECK OUT THE VIDEO TOO!
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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 |
|---|---|---|---|
| Nov 5, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Aug 21, 2024 | Listed by Compass | $1,899,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017