322 JOHNSON ROAD
About This Property
This spacious 2-bedroom, 1-bath home offers incredible potential with flexible living space that could easily be reconfigured into 3-4 bedrooms. The first floor features a welcoming living room with a cozy wood stove, dining room, updated kitchen with granite countertops, stainless steel appliances, and modern cabinetry, plus a bedroom, office, family room, and full bath. Upstairs you'll find another bedroom along with a sitting room or office-perfect for a creative layout redesign.
While the home needs some cosmetic updates and TLC, it's full of character and possibilities. Seller has removed carpeting to expose hardwood flooring.
Sitting on a generous .39-acre lot with a large circular driveway, there's plenty of space to enjoy outdoor living. Full basement offers additional storage or finishing potential.
Located in the sought-after Whitman Square neighborhood-don't miss this opportunity to make it your own!
Home is being sold in as-is condition. Bring your imagination and a little love!
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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 |
|---|---|---|---|
| Aug 11, 2025 | Sold | ||
| Sold | |||
| Jul 14, 2025 | In contract | - | |
| In contract | |||
| Jul 7, 2025 | Price Decreased |
$210,000
↓ $20K
(8.7%) | |
| Price Decreased | |||
| Jun 26, 2025 | Price Decreased |
$229,900
↓ $10K
(4.2%) | |
| Price Decreased | |||
| Jun 18, 2025 | Relisted | $239,900 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017