12511 Johnson 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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jun 21, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2024 | Listed by Keller Williams Realty The Woodlands | $130,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
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Charming 1.5-story bungalow with endless potential! Ideal for buyers or investors looking for a great opportunity. Enjoy the benefit of low taxes and a private well, eliminating water bills. The home features a spacious screened-in porch perfect for relaxation. The versatile loft area currently serves as a (3rd) bedroom and game room but can be easily transformed into two separate bedrooms or a large game room/office space. Experience peaceful country living with the convenience of Conroe shopping and schools nearby. Don’t miss out on this unique property!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017