716 8th
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 |
|---|---|---|---|
| Mar 25, 2025 | Sold | ||
| Sold | |||
| Jan 22, 2025 | Listed by Compass | $625,000 | |
| Listed by Compass | |||
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Welcome to 716 8th St in the charming town of Ramona where you can enjoy the true sense of community. 8th Street is just a short walk to downtown where you are sure to love the coffee shops, restaurants, parks and playgrounds, and a variety of community events. This spacious 2 bed 1 bath is a wonderful home, well cared for and very comfortable. The home offers vaulted ceilings, a two car garage, fire place, laundry, and a huge yard - ready for you to come design to your family's preferences. Skip the condo life and complicated HOAs and step into a beautiful single family property with ease!
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| Jul 18, 2018 | Sold | ||
| Sold | |||
| Apr 27, 2018 | Listed by SEAGATE Realty & Invest. Group | $419,000 | |
| Listed by SEAGATE Realty & Invest. Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017