3185 JOE ASHTON Road
About This Property
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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 |
|---|---|---|---|
| Sep 19, 2025 | Price Decreased |
$1,230,000
↓ $20K
(1.6%) | |
| Price Decreased | |||
| Sep 8, 2025 | Price Decreased |
$1,250,000
↓ $40K
(3.1%) | |
| Price Decreased | |||
| Aug 28, 2025 | Price Decreased |
$1,290,000
↓ $10K
(0.8%) | |
| Price Decreased | |||
| Aug 6, 2025 | Listed | $1,300,000 | |
| Listed | |||
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Design your legacy retreat on nearly 7 acres in St. Johns County, where Open Rural (OR) zoning allows you to create a true generational estate. Imagine a private family compound with multiple residences, guest cottages, equestrian facilities, and expansive grounds—all anchored by a custom brick home tucked away among mature trees. This rare offering blends privacy, versatility, and prestige just minutes from Jacksonville and Historic St. Augustine.
Zoned Open Rural (OR), this property offers uncommon flexibility—build additional residences for loved ones, add guest cottages, or create accessory family units while still enjoying space and privacy. Agricultural uses are also permitted, making it ideal for horses, livestock, barns, gardens, or even a self-sustaining lifestyle. The property already includes a custom-built brick home set back from the road and surrounded by mature trees, with a cleared and partially fenced backyard plus a chicken coop and livestock area in place. With room for future expansion, pools, or outbuildings, the possibilities are endless. This estate provides the peace of country living without sacrificing convenience, located just minutes from Jacksonville, Historic St. Augustine, and top-rated St. Johns County schools.
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| Mar 29, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017