$1,050,500
●
House -
Off Market
316 ASHTON RD
ASHTON, MD 20861
4 Beds
4 Baths
2,090 Ft²
$4,641
Est. Monthly
About This Property
OFFER DEADLINE WEDNESDAY, NOVEMBER 29TH AT 4:00PM
PLEASE NOTE: DO NOT DRIVE ON LAND WITHOUT AN APPOINTMENT! MUST HAVE AN APPOINTMENT SCHEDULED BEFORE SHOWING OR DRIVING ON PREMISES.
Approaching the residence, you're greeted by the promise of renewal amidst the serene landscape.
Nestled on a sprawling 14.3-acre parcel, this property presents a captivating opportunity to reimagine and revive a 4-bedroom, 4-bathroom home, accompanied by two barns. Envisioned as a canvas for your creative vision, this home holds immense potential for transformation. Venturing outdoors unveils the vast potential of the expansive land, offering the canvas for myriad possibilities. Whether it's restoring the grounds to their former glory, creating lush gardens, or exploring recreational pursuits, the landscape beckons with opportunity. This 14.34 acre parcel must be purchased with the adjacent 5.81 acre parcel
( See MLS MCMD2113856)l for a combined full 20 acres. 14.354 is $625,000 and 5.8 acre is $320,000. If you don't want to renovate you can subdivide the 20 acres into 4 lots. If you subdivide you would need to add a new road off of Mink Hollow.
PLEASE CALL LA WITH ANY QUESTIONS. PROPERTY IS BEING SOLD STRICTLY AS IS
PLEASE NOTE: DO NOT DRIVE ON LAND WITHOUT AN APPOINTMENT! MUST HAVE AN APPOINTMENT SCHEDULED BEFORE SHOWING OR DRIVING ON PREMISES.
Approaching the residence, you're greeted by the promise of renewal amidst the serene landscape.
Nestled on a sprawling 14.3-acre parcel, this property presents a captivating opportunity to reimagine and revive a 4-bedroom, 4-bathroom home, accompanied by two barns. Envisioned as a canvas for your creative vision, this home holds immense potential for transformation. Venturing outdoors unveils the vast potential of the expansive land, offering the canvas for myriad possibilities. Whether it's restoring the grounds to their former glory, creating lush gardens, or exploring recreational pursuits, the landscape beckons with opportunity. This 14.34 acre parcel must be purchased with the adjacent 5.81 acre parcel
( See MLS MCMD2113856)l for a combined full 20 acres. 14.354 is $625,000 and 5.8 acre is $320,000. If you don't want to renovate you can subdivide the 20 acres into 4 lots. If you subdivide you would need to add a new road off of Mink Hollow.
PLEASE CALL LA WITH ANY QUESTIONS. PROPERTY IS BEING SOLD STRICTLY AS IS
Unit Size
2,090 Ft²
Days on Market
-
Land Size
14.34 acres
Price per sqft
$452
Property Type
House
Property Taxes
$401
HOA Dues
-
Year Built
1947
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Bright MLS #MDMC2113756)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 6, 2024 | Sold | ||
| Sold | |||
| Nov 27, 2023 | Listed by Long & Foster Real Estate, Inc. | $945,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Aug 22, 2020 | No longer available | - | |
| No longer available | |||
| Jul 17, 2020 | Price Decreased |
$700,000
↓ $100K
(12.5%) | |
| Price Decreased | |||
| Jul 3, 2020 | Relisted | $800,000 | |
| Relisted | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Ashton - Sandy Spring
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Listed by: MEAGHAN MILLER
Long & Foster Real Estate, Inc.
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# MDMC2113756
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Long & Foster Real Estate, Inc.
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# MDMC2113756
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