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8935 FAIRGROUND ROAD
About This Property
Within, 9-ft ceilings, original shiplap ceilings, a shiplap feature wall, glass doorknobs, and meticulously refinished pine hardwood floors lend an air of enduring craftsmanship. The main level affords a bedroom and full bath for effortless single-level living, while the custom kitchen commands attention with quartz countertops, gilded hardware, a gas range, and a refrigerator appointed with a dedicated wine drawer, all adjacent to a separate butler's pantry. A rustic stacked-stone fireplace with wood-stove insert lends ambiance and warmth, complemented by dual-zone central HVAC and gracefully restored period radiators standing ready as backup heat. Upstairs, two additional bedrooms share a full bath alongside a light-filled, versatile bonus loft.
Linger over a quiet morning on the covered front porch as the pastoral grounds unfold before you, supported by a private well, septic system, solar panels, and three exterior water spigots. Just minutes from La Plata and Waldorf, yet a world apart in seclusion. Estates of this caliber rarely present themselves - arrange your private showing before the opportunity passes.
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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 |
|---|---|---|---|
| Oct 28, 2026 | In contract | - | |
| In contract | |||
| Sep 16, 2026 | Listed by Keller Williams Preferred Properties | $450,000 | |
| Listed by Keller Williams Preferred Properties | |||
| Aug 19, 2020 | Sold | ||
| Sold | |||
| Aug 17, 2020 | No longer available | - | |
| No longer available | |||
| May 19, 2020 | Price Decreased |
$399,999
↓ $25K
(5.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017