8807 Seber Lane
About This Property
The property features an existing electric pole, septic system, private well-all unused since 2017 with no guarantees. With no HOA or deed restrictions, you have the freedom to build, park your RV, or create your own off-grid retreat.
Enjoy peaceful mornings by the creek, shaded afternoons under a canopy of native hardwoods, and star-filled nights far from the city lights. Bring your vision and make this unique slice of land your own. Don't miss this rare opportunity to own a truly private, versatile piece of land with natural charm and untapped potential.
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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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| Jun 15, 2025 | In contract | - | |
| In contract | |||
| Jun 9, 2025 | Listed by RE/MAX Signature | $135,000 | |
| Listed by RE/MAX Signature | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017