611 W Johnson Street
About This Property
Utilities are nearby (buyer to verify), and the level terrain makes it ideal for a variety of building options. Enjoy the charm of Denison living while still being just a short drive from Sherman and Lake Texoma.
Don't miss your chance to secure a great piece of land in a growing area-bring your builder and your vision!
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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 |
|---|---|---|---|
| Jul 31, 2026 | Price Decreased |
$47,499
↓ $3K
(5%) | |
| Price Decreased | |||
| Jun 9, 2026 | Price Decreased |
$49,999
↓ $5K
(9.1%) | |
| Price Decreased | |||
| Apr 21, 2026 | Price Decreased |
$54,999
↓ $501
(0.9%) | |
| Price Decreased | |||
| Mar 31, 2026 | Listed by AXEN Realty | $55,500 | |
| Listed by AXEN Realty | |||
| Aug 14, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017