409 July Johnson DR
About This Property
The Main House boasts a thoughtful layout, with the secluded Primary Suite at the back of the home, and a private Guest Suite with its own en suite bath located at the front-perfect for visitors or multi-generational living. Two additional bedrooms are tucked around a secondary living area, ideal for play, study, or relaxation, with a shared full bath nearby.
A dedicated Office offers a quiet space for focused work or creative projects-currently styled as a moody, all-black "deep focus" retreat to minimize distractions and encourage flow.
The detached Guest House is a standout feature: fully equipped with a kitchen, private bedroom, and en suite bath. Whether used as a guest space, income opportunity, or a peaceful home office (as it is now), it adds incredible flexibility to the property.
Set on a sprawling, tree-dotted lot that offers both privacy and a sense of serenity, this home is located in a neighborhood known for its balance of wide-open space and genuine community.
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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 16, 2025 | In contract | - | |
| In contract | |||
| Aug 12, 2025 | Price Decreased |
$899,900
↓ $50K
(5.3%) | |
| Price Decreased | |||
| Jul 25, 2025 | Price Decreased |
$949,900
↓ $50K
(5%) | |
| Price Decreased | |||
| Jul 9, 2025 | Listed by Ashley Austin Homes | $999,900 | |
| Listed by Ashley Austin Homes | |||
| Jun 24, 2025 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017