$172,000
●
House -
Off Market
228 Johnson Street
Salem, NJ 08079
3 Beds
1 Bath
$175,355
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
**Back on market fell out of escrow** Walk up to this pretty home
from the beautiful front porch where you can spend the summer days
relaxing. Inside the newly remodeled home, is the perfect balance
of modern updates and charming original features such as the
gorgeous dramatic staircase upon entering. The first floor has an
entryway, living room, dining room and bright kitchen. Off the
kitchen you can walk out to the new deck and back yard. Upstairs
there is a fully remodeled full bathroom and 3 bedrooms. Continue
up one more flight of stairs and there is an attic which could be
made into a loft or used for extra storage. The basement is large
and has lots of space plus a laundry hookup. Hardwood floors run
throughout and the home is situated on a quaint and quiet street.
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1900
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (MOMLS #22212722)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 27, 2022 | Sold | ||
| Sold | |||
| Apr 30, 2022 | Listed by EXP Realty | $174,000 | |
| Listed by EXP Realty | |||
| Oct 26, 2021 | Listed by EXP Realty, LLC | $174,000 | |
| Listed by EXP Realty, LLC | |||
| | |||
|
**Back on market ** Walk up to this pretty home from the beautiful front porch where you can spend the summer days relaxing.
Inside the newly remodeled home, is the perfect balance of modern updates and charming original features such as the gorgeous dramatic staircase upon entering. The first floor has an entryway, living room, dining room and bright kitchen. Off the kitchen you can walk out to the new deck and back yard.
Upstairs there is a fully remodeled full bathroom and 3 bedrooms. Continue up one more flight of stairs and there is an attic which could be made into a loft or used for extra storage. The basement is large and has lots of space plus a laundry hookup. Hardwood floors run throughout and the home is situated on a quaint and quiet street. **Buyer responsible for C/O**
| |||
| Aug 1, 2019 | Sold | ||
| Sold | |||
| Aug 26, 2018 | Listed by Century 21 Preferred Realty | $20,000 | |
| Listed by Century 21 Preferred Realty | |||
| | |||
|
This is a 3 bedroom 1 bath colonial with wood floors dining room, Kitchen and living room, full lower level unfinished. House is in need of repair/remodel. Sold AS IS
| |||
Property Highlights
Garage
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
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HOA + Taxes
About Salem
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Listed by: Jennifer Ferrara, EXP Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22212722
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22212722
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