527 8th Avenue
About This Property
Charming Shore Colonial with 3 Bedrooms, 2 full bathrooms, Basement, Garage, and a Fenced Backyard. Wonderful Front porch to enjoy all the Belmar has to offer. Hardwood floors. Generator. Ceiling Fan with lights. Living Room has built in. Formal Dining Room. Eat In Kitchen with 42 inch Cabinets. Spacious Bathroom on the main level. 3 bedrooms on the second level with a Updated bathroom-with an easy walk in shower with a seat. Large Great Room on the 3rd floor that can be used to office or a Den. A slider that leads to a Roof top Deck- What a View!! Updated Navien Heating and water system. Basement has high ceiling that can be used for storage. Nothing is better than living at the Beach.
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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 |
|---|---|---|---|
| Feb 6, 2026 | Sold | ||
| Sold | |||
| Dec 4, 2025 | In contract | - | |
| In contract | |||
| Oct 21, 2025 | Price Decreased |
$999,000
↓ $151K
(13.1%) | |
| Price Decreased | |||
| Oct 11, 2025 | Price Decreased |
$1,150,000
↓ $140K
(10.9%) | |
| Price Decreased | |||
| Sep 29, 2025 | Listed by RE/MAX Homeland Realtors | $1,290,000 | |
| Listed by RE/MAX Homeland Realtors | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017