8 Moreland Ave
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 |
|---|---|---|---|
| May 15, 2024 | Sold | ||
| Sold | |||
| Mar 16, 2024 | In contract | - | |
| In contract | |||
| Mar 3, 2024 | Listed by Charisma Realty, Inc. | $372,000 | |
| Listed by Charisma Realty, Inc. | |||
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Great things come in small packages! This cozy rectangular home is adorable as it is and has so much potential. Whether you're downsizing, a first time buyer, avoiding condo fee's or in search of a charming coastal retreat, this one bedroom home can be a wonderful place to hang to your hat & your beach chair. Just a short walking distance to the boardwalk where you'll find arcade, mini-golf, restaurants, a historic carrousel, play ground, and beautiful Nantasket Beach and the bay for you to enjoy sunsets and sunrises, Just minutes to the commuter rail & ferry to Boston. This single family home is filled with natural light, generous kitchen area with granite counters, an open floor plan, home office, 1bath, and1 bed room, just waiting for you to arrive. Come see why this well hidden piece of coastal paradise captures so many hearts.
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| Oct 4, 2021 | Sold | ||
| Sold | |||
| Jul 21, 2021 | Listed by Charisma Realty, Inc. | $299,900 | |
| Listed by Charisma Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017