18
Map
523 8th St.
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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 |
|---|---|---|---|
| Oct 15, 2026 | Listed by Palisade Realty Inc | $849,000 | |
| Listed by Palisade Realty Inc | |||
| May 12, 2025 | Sold | ||
| Sold | |||
| Apr 11, 2025 | Listed by Compass | $799,900 | |
| Listed by Compass | |||
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Spacious 7357 SF lot featuring newly remodeled 2 bed home minutes away from the Beach offering ADU and junior ADU income potential! Create 3 separate units or potential to split the lot and have up to 6 units! Enjoy an upgraded living space featuring a modern kitchen with contrasting white and natural wood cabinetry, a vibrant tile back splash, and abundant natural light. Endless updates including: new flooring throughout, fresh interior and exterior paint, new energy efficient dual pane windows/slider, new HVAC, new roof and electrical. Large yard with patio area, new landscaping and back gate for convenient alley access. Prime location in one of San Diego's most up and coming beach neighborhoods near shopping, dining and parks! Don't miss this great opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017