200 JOHNSON STREET
About This Property
Step outside and enjoy the nice-sized backyard, complete with sunroom space that offers additional room to relax, entertain, or simply enjoy the view of your outdoor space. The home has also benefited from several important exterior updates, including siding that has been completely replaced and a roof replaced in 2023. In addition, while touring the home, you will see the updated full bathroom on the second floor.
With its inviting setting, generous bedrooms, outdoor space, and recent exterior improvements, 200 Johnson Street offers plenty of potential and a great opportunity to make this home your own.
The property is being sold AS IS. Come take a look and discover the possibilities this Salem home has to offer!
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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 |
|---|---|---|---|
| Oct 3, 2026 | In contract | - | |
| In contract | |||
| Sep 18, 2026 | Listed by Keller Williams Hometown | $199,000 | |
| Listed by Keller Williams Hometown | |||
| Mar 15, 2023 | Sold | ||
| Sold | |||
| Mar 7, 2023 | In contract | - | |
| In contract | |||
| Aug 30, 2022 | Listed by RealtyMark Properties | $135,000 | |
| Listed by RealtyMark Properties | |||
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This 3 bedroom home boasts old world charm with hardwood floors, large rooms, lots of storage, walkup attic, basement, and a front porch all on one of Salem's best streets. The kitchen features a bar counter area and a half bath just to the rear. There is a formal living room, dining room, and a large sunroom. The second floor features 3 large bedrooms that also have hardwood floors and a huge bathroom that you have to see to believe. Just off the rear of the home is a screened-in porch and fenced in backyard. As an added bonus, the home has a detached two-car garage and plenty of parking. The concrete basketball court is new, as well as the vinyl floor in the kitchen and garage door. New boiler.
The home is being sold as is and the buyer is responsible for any inspections and repairs that may be needed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017