8 Ocean View Road
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%.
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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 |
|---|---|---|---|
| Jan 20, 2026 | Sold | ||
| Sold | |||
| Dec 4, 2025 | In contract | - | |
| In contract | |||
| Nov 13, 2025 | Listed by Coldwell Banker Realty - Marblehead | $899,000 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
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Perched on a hill overlooking Swampscott Harbor, the Atlantic Ocean, and the Boston skyline, 8 Ocean View Road offers classic New England charm with beautiful water views. This 1930s Colonial features 3 bedrooms and 2.5 baths, including a serene primary suite. The first floor boasts a living room and family room with fireplace both with ocean vistas—plus a formal dining room and kitchen with large island, both with access to a three-tiered deck, ideal for grilling and entertaining. Hardwood floors and period details evoke timeless elegance throughout. Additional features include a one-car garage with tandem parking for three more vehicles, solar panels for energy efficiency, and oil heat. Combining character, comfort, and captivating scenery, this coastal gem embodies the best of Swampscott seaside living. Showings start Saturday 11/15/25 at the open house 12-1:30.
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| Aug 9, 2002 | Sold | ||
| Sold | |||
| Mar 26, 2002 | Listed by Carlson GMAC Real Estate | $499,900 | |
| Listed by Carlson GMAC Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017