626 8Th St
About This Property
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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 8, 2023 | No longer available | - | |
| No longer available | |||
| May 10, 2023 | In contract | - | |
| In contract | |||
| Apr 29, 2023 | Listed by Coldwell Banker West | $699,000 | |
| Listed by Coldwell Banker West | |||
| | |||
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Price range: $649K to $699K or more. One of a kind opportunity. Not comparable to the other homes recently sold. See for yourself. Access to property on 2 sides of lot. Easy storing your toys or built! Amazing move in ready home centrally located in the heart of Ramona on corner lot. 3 bedrooms; recently renovated 2 baths, with bonus space for office/gym or storage (buyer to check permit status). Kitchen/Dining combo with lovely fireplace. Energy efficient upgrades throughout house incl. leased solar. Large blank canvas backyard to transforms in to your entertainers vision or the potential for an additional stream of income by adding an accessory dwelling unit (ADU) to the property. Buyer to investigate if possible. Broker did not verify. See document section for sample drawing. Or built a Pool? Buyer to investigate with city's permit department. Agt did not verify. Walk to "Old Town" restaurants and shops. Also near: Collier park. Newer vinyl fence installed and easy access to street via newer vinyl gate. Park your toys, boats, RV's etc. The manager has listed the unit size as 1446 square feet.
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| Mar 29, 2019 | Sold | ||
| Sold | |||
| Jan 10, 2019 | Listed by Xavier Dean Realty | $455,000 | |
| Listed by Xavier Dean Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017