11
Map
250 ASHTON ROAD
About This Property
11.85 scenic acres with five identified perk areas. Property known as N907 is being sold strictly AS IS. Zoned RC (Rural Cluster), the property offers a variety of permitted and special exception uses, presenting a compelling opportunity for builders, developers, investors, or end users seeking future upside. Under current RC zoning, the property presently supports two lots; however, buyers are encouraged to conduct their own due diligence with the county regarding any additional possibilities or future potential uses, including potential suitability for data centers and community solar farm applications subject to county approval and zoning requirements. The land is predominantly level and offers a beautiful setting with a planned separate access point onto Ashton Road. Buyer will be responsible for drilling the well.
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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 |
|---|---|---|---|
| May 23, 2026 | Listed by Long & Foster Real Estate, Inc. | $5,000,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Mar 7, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017