505 Johnson Street
About This Property
Built in 2018, this beautiful 4-bedroom, 2.5-bath home is ideally located just minutes from Eglin AFB and offers a perfect blend of comfort and modern style. Featuring an open floor plan, the home offers a spacious kitchen with quartz countertops, white soft-close cabinetry, stainless steel appliances, breakfast bar, and LVP flooring throughout the main living area.
The primary suite features a spacious bedroom with a large walk-in closet. The en-suite bathroom offers double sink vanity, garden tub, and a separate walk-in shower. Additional 3 bedrooms and a full bath with double vanity.
Enjoy outdoor living with a large fenced backyard, screened-in back porch, and a sprinkler system. Additional highlights include a 2-car attached garage and a convenient downstairs half bath. This well-maintained home is move-in ready-- schedule your showing today!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017