31045 Johnson Way
About This Property
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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 |
|---|---|---|---|
| Aug 10, 2026 | Listed by Coldwell Banker D'Ann Harper, REALTOR | $1,177,000 | |
| Listed by Coldwell Banker D'Ann Harper, REALTOR | |||
| Feb 25, 2026 | Listed by Coldwell Banker D'Ann Harper, REALTOR | $375,000 | |
| Listed by Coldwell Banker D'Ann Harper, REALTOR | |||
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Build your dream home on this 2.276-acre homesite in the highly sought-after Johnson Ranch community. Enjoy Hill Country views, privacy, and open space-while staying just minutes from shopping, dining, and major highways. This hilltop double-lot offers a peaceful setting with city water and utilities available. Take in the elevated views and envision your custom home. The gently sloping terrain provides flexibility for design and outdoor living. Johnson Ranch amenities include walking trails, a community pool, splash pad, basketball court, clubhouse, and playground-located just across the street from the property. Conveniently located with quick access to the expanded Highway 281 and Highway 46, offering an easy commute and close proximity to retail, restaurants, and everyday conveniences. Rare opportunity to own acreage with views and community amenities in a prime location. Schedule a visit and explore the possibilities at 31045 Johnson Way.
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| Sep 23, 2025 | Sold | ||
| Sold | |||
| Sep 3, 2025 | In contract | - | |
| In contract | |||
| Sep 1, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017