601 JOHNSTON PLACE
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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%.
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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.
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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 24, 2020 | Sold | ||
| Sold | |||
| Jul 3, 2020 | Listed by Long & Foster Real Estate, Inc. | $1,285,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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An inviting 1920s Bungalow perfectly located on a corner lot in Rosemont, 601 Johnston Place beckons you home. Classic stucco finish and a welcoming front porch with southern exposure creates a comfortable and relaxing atmosphere, perfect for people watching or enjoying a gentle summer breeze with a glass of cold lemonade. Step through the gorgeous dark brown front door into the living room where guests are greeted warmly by the open space and wood burning fireplace, painted white brick and a simple mantle surround. To the left is a sitting area to settle into with your favorite book, backdropped by built-ins to house all your beloved classics. Towards the back of the home is the dining room, featuring chair railings and two-tone gray walls, wonderfully contrasted by the modern chandelier. The dining area opens to the long kitchen - sleek black soapstone countertops, classic subway tile backsplash, and farm sink enhance the contemporary feel of this 1920s home. The floating wooden shelves and clean white cabinetry offer excellent storage options. All appliances are stainless steel KitchenAid. The window over the sink, offering a clear view of the backyard, and the deck access just off the kitchen ensure you'll always be close to the party, even when you're hosting. The kitchen circles around to a central landing, opening to the living room and ascending to the upper level. Upstairs resides four of the five bedrooms - plenty of space for family and your at-home office. The full bathroom is complete with the original clawfoot tub. Most of the upper level has high ceilings, and the entire level maintains its original hardwood flooring and hardware accurate to the time period, as well as generous windows to let in natural light. Descend to the lower level through the dining room. The staircase has been widened and the original brick exposed. Downstairs, the exposed beams conceal lighting fixtures, offering character as well as a bright, open recreation room, excellent for entertaining and play-dates. A door to the backyard opens to a picnic area just below the wooden deck. The fifth bedroom and another full bath with tub are tucked behind a barn door - ideal for in-laws seeking a peaceful retreat. The spacious laundry room provides exceptional storage. The entire lower level has radiant heat floors, which keep the whole home warm on chilly winter nights. The fully fenced backyard with overlooking deck is perfect for outdoor entertainment - birthday parties and barbecues alike. The picnic area and the grassy open space offer something for everyone. The detached one-car garage sits just on the other side of the fence, off a quiet alley, with more street parking at the front and sides of the home. With its proximity to Del Ray and Old Town, restaurants and shopping are never far away. Schools within walking distance, and access to I-395, the GW Parkway, and the Metro allow for easy commute or sightseeing travel.
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| Mar 30, 2012 | Sold | ||
| Sold | |||
| May 27, 2011 | Listed by Corcoran McEnearney | $735,000 | |
| Listed by Corcoran McEnearney | |||
Property Highlights
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About North Ridge - Rosemont
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017