1485 Johnstown Lane #A
About This Property
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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 |
|---|---|---|---|
| Nov 30, 2021 | Sold | ||
| Sold | |||
| Nov 1, 2021 | Listed by Baird & Warner | $209,000 | |
| Listed by Baird & Warner | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/13/2025
|
2 Bed
|
1 Bath
|
1060 ft²
|
$250,000
2 Bed
1 Bath
1060 ft²
|
$238,000
-4.80%
10/02/2025
|
Eva Burns, GRI
RE/MAX of Naperville
| |
|
04/25/2025
|
1 Bed
|
1 Bath
|
1056 ft²
|
$249,900
1 Bed
1 Bath
1056 ft²
|
-
-
|
Karin Carani
L.W. Reedy Real Estate
| |
|
07/21/2022
|
2 Bed
|
1 Bath
|
1056 ft²
|
$205,000
2 Bed
1 Bath
1056 ft²
|
$205,000
09/02/2022
|
Lori Rowe
Coldwell Banker Realty
| |
|
11/01/2021
|
3 Bed
|
2 Bath
|
1311 ft²
|
$209,000
3 Bed
2 Bath
1311 ft²
|
$200,000
-4.31%
11/30/2021
|
Kerry Felser-Harris
Baird & Warner
| |
|
05/24/2018
|
1 Bed
|
1 Bath
|
1056 ft²
|
$166,900
1 Bed
1 Bath
1056 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017