40
Map
233 8th Street
About This Property
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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%.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 15, 2023 | Sold | ||
| Sold | |||
| Jan 23, 2023 | Listed by Compass Florida LLC | $3,150,000 | |
| Listed by Compass Florida LLC | |||
| Jul 9, 2020 | Sold | ||
| Sold | |||
| May 7, 2019 | Listed by The Corcoran Group | $748,000 | |
| Listed by The Corcoran Group | |||
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The Sadler House is individually designated as an Historic Site in the West Palm Beach list of properties and districts; the owners love and respect this home so much they asked for, and received, this designation. [Go to www.SadlerHouse.info for extensive background and description of this property.]
This 1925 Mediterranean Revival home is unique and remarkable for its beauty, logic and construction quality. It is a 2-story, frame stucco home with almost 3,000 sq.ft. under air with large living and dining rooms, a butler's pantry, half bath and library on the first floor. An imposing central stairway leads to a huge upstairs hallway, four bedrooms (master with large sunroom to the front) and the full bath. Without changing any floor plan, this house has been modernized with CAC, update plumbing, wiring (no knob and tube here!) and windows. Many windows minimize summer heat and a massive coquina fireplace makes a statement and ambience on an occasional cold Florida night. In addition to the SadlerHouse website, some of this information is included as an attached document in the MLS listing. It's a 2-minute walk from the house to the Intracoastal Waterway and a 20-minute walk across the Flagler Bridge to the ocean beach. Downtown is within walking distance and a trolley passes nearby for local transportation; Brightline high-speed line to Ft. Lauderdale and Miami and other commuter trains have stations only minutes away.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017