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318 8th Street
About This Property
Luxury Live Auction! Bidding to start from $1,350,000! Custom Contemporary Beach House just three blocks from the ocean in quiet Seal Beach. Upon entering through the stainless steel front door, this spacious 3 bedroom, 3 bathroom home is flooded with natural light. The kitchen is complete with subzero and thermador appliances. The master bedroom features a modern fireplace. This home has high ceilings, a beautiful custom staircase, a seating area in front and a spacious rooftop made for entertaining.
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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 |
|---|---|---|---|
| Jun 17, 2020 | Sold | ||
| Sold | |||
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
| Mar 18, 2020 | Listed by Harcourts Prime Properties | $1,350,000 | |
| Listed by Harcourts Prime Properties | |||
| Oct 29, 2018 | No longer available | - | |
| No longer available | |||
| May 18, 2018 | Listed | $1,599,000 | |
| Listed | |||
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Fabulous contemporary beach living! Just a short walk to the beach and around the corner from shopping and restaurants! The oversized stainless steel door will remind you of an airplane wing and leads you into gorgeous entry with dramatic curved staircase and gorgeous chandelier. The main level features polished wood flooring, high ceilings and plenty of windows. Three french doors lead to a private front patio that is perfect for entertaining! Spacious gourmet kitchen with no expense spared in stainless steel appliances that include a Subzero built in fridge and a 6 burner Thermador stove. This kitchen includes oversized drawers, granite countertops, and a breakfast bar. Plenty of room for either a family room area or breakfast table. There is a elegant formal dining room with sliding doors leading to a gated rear yard. There is a back staircase leading to the second floor which features a spacious master suite with a private fireplace and oversized cedar lined walk in closet. En-suite bathroom includes shower and separate soaking tub that faces the dual sided fireplace. Third floor features a bonus room or office area with stairs that lead to a large rooftop deck for enjoying gorgeous sunset views! Steps away from everything you need! Two car garage with epoxy floors and built in cabinetry! A perfect place to call home! The manager has listed the unit size as 2955 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017