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74 8Th Street
About This Property
This move-in-ready home features fresh interior paint and renovations, creating a bright, modern feel throughout. The thoughtfully designed layout offers the perfect balance of open living spaces and comfortable private areas, including a spacious bonus room that can be used as a home office, gym, or play room! This rare corner lot features a large back yard--ideal for growing families, entertaining guests, or simply enjoying everyday life!
This property also offers a rare combination of comfort, efficiency, and long-term value. A solar system is already in place to help offset rising energy costs.
Natural light fills the main living areas, and the seamless flow leads directly to a large back patio and expansive backyard--perfect for family gatherings, weekend barbecues, or creating your own outdoor oasis. If you're looking for a home that's been tastefully updated, offers exceptional functionality, and is located close to everything the Emerald Coast has to offer, this one deserves a spot at the top of your list. The kitchen offers a clean, functional layout with ample oak cabinetry and newer appliances (2021), leaving room for your personal touch and future upgrades to truly make it your own.
A versatile bonus room provides flexibility for a home office, playroom, or additional living space, while the oversized laundry/utility room adds convenience and extra storage.
Major systems have already been addressed, including a metal roof, HVAC, water heater, and appliances--all approximately 4 years old--giving buyers confidence and peace of mind.
Step outside to enjoy two storage buildings, partial privacy fencing, and plenty of space to add a pool, garden, or outdoor living area tailored to your lifestyle.
If you're looking for a property with strong fundamentals, valuable upgrades, and room to add your own style--all in a prime location--this is one you don't want to miss.
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Cap Rate Calculator
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 23, 2026 | In contract | - | |
| In contract | |||
| May 3, 2026 | Price Decreased |
$294,700
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Mar 21, 2026 | Price Decreased |
$299,700
↓ $20K
(6.3%) | |
| Price Decreased | |||
| Oct 20, 2025 | Price Decreased |
$320,000
↓ $3K
(0.8%) | |
| Price Decreased | |||
| Sep 7, 2025 | Price Decreased |
$322,500
↓ $3K
(0.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017