8041 Telegraph Road
About This Property
Discover the potential of this beautiful 2.85-acre unrestricted property, perfectly suited for anyone looking for flexibility and wide-open space. This spacious tract offers a peaceful country setting with mature surroundings and plenty of room to create the setup you've always envisioned. The property includes an older mobile home that provides a starting point for renovations or can be removed to make way for a brand-new build or a new mobile home-your choice. With no restrictions, you have the freedom to customize the land to fit your needs, whether that's a full-time residence, weekend retreat, or investment opportunity.
All utilities are already in place, including electric, septic, and a water well, giving you a valuable head start on development and helping reduce setup costs. A small pond enhances the property, adding natural beauty and offering a peaceful spot to enjoy the outdoors.
If you're looking for land with endless possibilities, privacy, and the convenience of existing utilities, this 2.85-acre property is ready for your vision.
Buyer and buyer's agent to verify all information
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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 4, 2026 | Listed by Exit Realty Pinnacle Group | $185,000 | |
| Listed by Exit Realty Pinnacle Group | |||
| Apr 1, 2025 | No longer available | - | |
| No longer available | |||
| Sep 26, 2024 | Price Decreased |
$320,000
↓ $30K
(8.6%) | |
| Price Decreased | |||
| Sep 16, 2024 | Listed by AT Home Texas Real Estate | $350,000 | |
| Listed by AT Home Texas Real Estate | |||
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Discover the potential in this serene 2.86-acre property, featuring an older mobile home in need of significant repairs. Nestled in a private, fully fenced setting, this land boasts a natural water well, an additional water well, and a charming pond stocked with fish. The property is equipped with an aerobic septic system and offers endless possibilities, with no restrictions on repairing the mobile home or building a new house. Perfect for those looking to create their dream home or invest in a peaceful retreat with plenty of space and natural beauty
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017