21824 Fairground Road
About This Property
Please do not access the property without an appointment.
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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 |
|---|---|---|---|
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Feb 2, 2026 | In contract | - | |
| In contract | |||
| Jan 15, 2026 | Listed by Styers Realty, Inc. | $395,000 | |
| Listed by Styers Realty, Inc. | |||
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Unrestricted 4± acre tract with excellent access to Hwy 290, suitable for commercial or residential use. The property features beautiful mature oak trees and assorted native trees, offering a scenic and shaded setting. Improvements include a new 1 horsepower water well, new aerobic septic system, and electric service through San Bernard Electric. An older home is located on the property that has been fully gutted and is not livable in its current condition; renovation was started, and the original structure was constructed with quality lumber. Also located on the property is a 2 bedroom, 2 bathroom mobile home that was previously rented, along with a 20×40 barn located behind the mobile home with electricity. Property is being sold AS-IS. no seller restrictions, no flooding and easy highway access, this property presents an excellent opportunity for development, investment, or personal use.
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| Mar 15, 2024 | Sold | ||
| Sold | |||
| Feb 21, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017