412 8th Street
About This Property
Ideal layout with gorgeous Guest Room and Bath and Beach Room on lower level opening onto a large lushly landscaped walk street patio.
The second level consists of an Elegant Living Room with fireplace, built-ins and retractable doors opening onto a good sized deck, A Chef's kitchen with Viking Double Oven, two dishwashers, Thermador Refrigerator/Freezer, wine fridge and a built-in breakfast nook and walk-in pantry. There is also a large formal Dining Room and a Family Room or Kids Play Room with fireplace and a full bath on the second floor.
The top floor consists of A Beautiful Master Suite with sitting area, fireplace, a large walk-in closet, gorgeous Master Bath and a balcony over-looking the patio. There are also Three other good sized bedrooms with ensuite baths and a Laundry room completing the top floor.
Designer light fixtures, wall coverings and window coverings can be found throughout the home as well as beautiful hardwood floors.
Other features include an Elevator, Air conditioning and a 3 car garage. Located in the Award winning Manhattan Beach School District and just a short walk to the Beach and to all of the great restaurants and shops in Downtown Manhattan Beach.
This is truly Manhattan Beach Walk Street Living at its' finest !
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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%.
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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.
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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 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 24, 2020 | In contract | - | |
| In contract | |||
| Jul 22, 2020 | Listed | $6,349,000 | |
| Listed | |||
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Located in the highly desirable 'Flat Walk streets' lies this proper Cape Cod complete with 5 Bedrooms, 6 Baths in Approx. 4424 SF (BTV). Built in 2012, with an ideal layout including a Guest Room with new carpet, renovated Bathroom and Beach Room with new marble and floating shelves, all on lower level opening up to a spacious walk street patio with new, beautiful landscaping . The main level consists of the Living Room with vaulted ceilings and fireplace. The Chef’s kitchen includes top of the line appliances, Thermador fridge, Viking Double Oven, new double dishwashers. Behind the kitchen is a large formal Dining Room and a flex room, perfect to convert into a home office or Kids Play Room with fireplace and a full bath. The top floor includes spacious Master Suite with sitting area, vaulted ceilings, fireplace, new walk-in closet, gorgeous Master Bath with new light/plumbing fixtures and a balcony over-looking the patio. Also included are three spacious bedrooms with ensuite baths and a Laundry room completing the top floor. Other features include AV system upgrades – light programming, Nest security & AC installed, ceiling speakers added, window treatment throughout, beautiful hardwood floors, three stop Elevator, three car garage with new organizational storage units, new hardware and fabric in the mud room. With steps to the beach, downtown, parks and located in the Robinson School District, this is truly one not to miss! The manager has listed the unit size as 4424 square feet.
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| Oct 10, 2018 | Sold | ||
| Sold | |||
| Jul 19, 2018 | Listed by The Hobin Company | $6,750,000 | |
| Listed by The Hobin Company | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017