$293,000
●
House -
Off Market
243 Johnson Drive
Clayton, NC 27520
2 Beds
2 Baths
1,553 Ft²
$297,135
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Welcome to this charming brick ranch, conveniently located within
WALKING DISTANCE to downtown Clayton, offering an ideal opportunity
for first-time homebuyers or those seeking a sound investment
property. Experience the delight of having restaurants and shops
just minutes away from your doorstep. This residence boasts 2
bedrooms(could be 3...the flex room was used as a bedroom for
years) and 2 full baths, providing ample space for
comfortable living. The well-appointed kitchen showcases granite
countertops and generous cabinet space, ensuring a functional and
aesthetically pleasing culinary experience. Cozy family room,
complete with a charming brick fireplace, perfect for creating
lasting memories with loved ones. Spacious primary bedroom.
Flexibility abounds in this property, dining room could be used as
3rd bedroom, office, or flex space if desired, catering to various
lifestyle preferences. The property features a 1-car carport and a
detached storage/1-car garage, offering ample space for vehicles
and additional storage.
Unit Size
1,553 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$193
Property Type
House
Property Taxes
$138
HOA Dues
-
Year Built
1961
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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: 2 years ago (TMLS #2523924)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 7, 2023 | Sold | ||
| Sold | |||
| Jul 27, 2023 | Listed by Allen Tate/Raleigh-Falls Neuse | $299,000 | |
| Listed by Allen Tate/Raleigh-Falls Neuse | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Clayton
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Colleen Blatz, Allen Tate/Raleigh-Falls Neuse
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2523924
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2523924
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
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