TBD Jackson Ridge Road #4
About This Property
Foscoe. With tree clearing, this lot offers beautiful mountain view potential, including a sightline to Grandfather
Mountain. The property is naturally wooded with boulder outcroppings and existing road cutouts that could be
transformed into a dramatic driveway or yard space. Jackson Ridge features all paved roads for easy year-round
access. Centrally located in the heart of the High Country to Boone, Banner Elk, Blowing Rock, the Blue Ridge
Parkway, and endless outdoor recreation. The community allows both short and long-term rentals, with minimum
home size requirements of 2,000 sq ft for single-level homes and 2,400 sq ft for multi-story builds. The lot has an
expired 4-bedroom septic permit, an additional soil report for a preliminary 3-bedroom system, and shared well
access. Priced to sell-bring your vision and build your mountain dream.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 3, 2025 | Sold | ||
| Sold | |||
| Oct 29, 2025 | In contract | - | |
| In contract | |||
| Oct 15, 2025 | Listed by Wright Brokers with Hyatt in the High Country | $154,900 | |
| Listed by Wright Brokers with Hyatt in the High Country | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017