21500 Firefly RD
About This Property
Inside, vaulted ceilings finished with light wood planking rise from the perimeter walls to a central peak, mirroring the home's unique polygonal footprint. The striking geometric woodwork paired with substantial stone masonry delivers a custom, high-end feel and provides a strong foundation for your finishing touches.
The home features three spacious bedrooms and an oversized bathroom, along with a large laundry and utility room offering ample storage and workspace. Water is supplied via a private storage tank that is regularly filled, as there is no municipal water connection.
Outside, a detached carport provides covered parking and additional functional space separate from the main home. The 4.73-acre property offers a peaceful rural retreat with room for animals, gardening, or future improvements. Native vegetation thrives throughout the land, including wild onions, wild grapes, blackberries, and chives, adding to the property's natural charm and usability.
With major structural character already in place and unique architectural appeal, this property presents a rare opportunity to create a truly one-of-a-kind residence with strong equity 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 29, 2026 | Price Decreased |
$230,000
↓ $20K
(8%) | |
| Price Decreased | |||
| May 21, 2026 | Price Decreased |
$250,000
↓ $25K
(9.1%) | |
| Price Decreased | |||
| Apr 3, 2026 | Listed by Watters International Realty | $275,000 | |
| Listed by Watters International Realty | |||
| Dec 4, 2025 | In contract | - | |
| In contract | |||
| Nov 22, 2025 | Price Decreased |
$120,000
↓ $20K
(14.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017