2098 Johnston Road
About This Property
carport and storage container that will be conveyed with the sale. Electric is 400 amp underground and comes with 3 x 200 amp/240v pedestal meters onsite ready to connect. This area is up and coming with newer construction nearby. Call today for additional information.
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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 |
|---|---|---|---|
| Jul 14, 2026 | Sold | ||
| Sold | |||
| Jun 10, 2024 | Listed by Southern Key Realty | $1,200,000 | |
| Listed by Southern Key Realty | |||
| Aug 30, 2022 | Sold | ||
| Sold | |||
| Aug 29, 2022 | Listed by EXP Realty LLC | $325,000 | |
| Listed by EXP Realty LLC | |||
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This is a rare commercial/agricultural opportunity. The property is currently being used for aquaculture and fish farming. Stater license allows for the sale of 10,000 bottles of wine per year. It is a work in progress with 7 finger lakes planned and the licensing for hemp has recently been been issued and will soon be eligible for medical grade marijuana. Sellers have also applied for the agriculture tax exemption and also hold a nursery license. Two mini homes can be use for office/quarters and a 6 bedroom house has been planned. Property includes a cistern and pond fed by a 3800 ft deep well. Electric is 400 amp underground and comes with 3 x 200 amp/240v pedestal meters and an income producing sawmill. Nearby 1/2 acre lot is included and both properties have riparian rights.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017