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8663 W Avenue E8
About This Property
Welcome to this charming 2-bedroom, 1-bath single-story home situated on approximately 2.5 acres in West Lancaster. Offering a unique combination of space, privacy, and versatility, this property is tucked behind a gated entry with a long driveway, mature shade trees, and a welcoming covered front porch. The expansive lot provides plenty of room to spread out and enjoy the outdoors while offering endless possibilities for future use.
Inside, you'll find a functional floor plan featuring a bright living room with rustic wood accent walls, large windows that fill the home with natural light, and a spacious kitchen with a cozy dining area and convenient in-kitchen laundry. The home's practical layout makes everyday living comfortable while providing a great opportunity to make it your own.
Outside, the property continues to impress with a detached garage, an additional outbuilding that offers flexible space for storage, a workshop, or hobbies, and approximately 2.5 acres to enjoy. The expansive lot offers potential RV access, ample parking, room for equipment or recreational vehicles, and plenty of open space to customize to your needs. A private well services the property, adding to its rural appeal.
Whether you're looking for extra room to grow, space for your hobbies, or simply a property with endless potential, this West Lancaster home offers a rare opportunity to enjoy acreage, privacy, and versatility in one package.
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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 22, 2026 | Sold | ||
| Sold | |||
| Oct 9, 2026 | In contract | - | |
| In contract | |||
| Oct 9, 2026 | Price Increased |
$290,000
↑ $22K
(8.2%) | |
| Price Increased | |||
| Sep 26, 2026 | Relisted | $268,000 | |
| Relisted | |||
| Aug 11, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017