243 Johnson
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 |
|---|---|---|---|
| Dec 8, 2025 | Sold | ||
| Sold | |||
| Oct 31, 2025 | In contract | - | |
| In contract | |||
| Oct 29, 2025 | No longer available | - | |
| No longer available | |||
| Oct 18, 2025 | Price Decreased |
$289,000
↓ $11K
(3.6%) | |
| Price Decreased | |||
| Jul 8, 2025 | Listed by RE/MAX 1st Advantage | $299,900 | |
| Listed by RE/MAX 1st Advantage | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/09/2026
| |
2 Bed
|
1 Bath
|
846 ft²
|
$275,000
2 Bed
1 Bath
846 ft²
|
$282,000
+2.55%
07/21/2026
|
Ronnie Glomb
YOUR TOWN REALTY
|
|
07/08/2025
| |
1 Bed
|
1 Bath
|
-
|
$299,900
1 Bed
1 Bath
|
$289,000
-3.63%
12/08/2025
|
Robert Dekanski
RE/MAX 1st. Advantage
|
|
07/08/2025
|
1 Bed
|
1 Bath
|
670 ft²
|
$299,900
1 Bed
1 Bath
670 ft²
|
$289,000
-3.63%
12/08/2025
|
Michael Laico
RE/MAX 1st. Advantage
| |
|
01/04/2024
|
1 Bed
|
1 Bath
|
-
|
$219,000
1 Bed
1 Bath
|
$270,000
+23.29%
01/04/2024
|
Howard Moradi
JJC Realty International, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017