8078 Fourth Street
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 |
|---|---|---|---|
| Jul 15, 2025 | Sold | ||
| Sold | |||
| Jun 13, 2025 | In contract | - | |
| In contract | |||
| Jun 7, 2025 | Listed by Keller Williams Realty Cview | $325,000 | |
| Listed by Keller Williams Realty Cview | |||
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*VA Assumable 2.5%* Adorable Navarre home packing a ton of value,literally minutes to the beach! Your FL dream life is waiting here for you, whether as a primary residence, 2nd home, or short term rental-so many possibilities. This property underwent a total remodel in 2019 & has been further improved upon by the current owners. See feature sheet for extensive list of money saving updates.The fully fenced backyard has a huge pergola covered deck and is the perfect spot to relax after a day on the beach. Bright kitchen features custom cabinetry, granite countertops and SS appliances. All 3 bedrooms are good sized w/built-in shelving. Tile/LVP flooring throughout makes this a breeze to maintain. Mins to Publix, restaurants, & the undisturbed beauty of the Gulf Islands National Seashore
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| Jan 16, 2020 | Sold | ||
| Sold | |||
| Nov 22, 2019 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $219,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017