7561 Johnson St
About This Property
The lower level extends the living space with two generously sized bedrooms, a newly remodeled guest bathroom, and a spacious family room complete with a stylish wet bar. With the bonus of oversized above grade windows for abundant natural light, it provides the perfect setup for entertaining or multi roommate situation.
An additional dwelling unit (ADU) enhances the property's flexibility, featuring a large bedroom, a full bathroom with a tub, a cozy living area, and a kitchen with custom cabinets and quartz countertops with side parking and separate entrance - ideal for guests, rental income, or multigenerational living. AirDNA has the main house projecting $70,400 in STR income + $28,500 for the ADU, live in one rent the other and cash flow while living for free!
Additional upgrades include a composite roof with a 5-year warranty, extra deep 2 car garage, new luxury vinyl flooring and carpet, new paint, new lighting and fixtures, all new luxury vinyl windows and a new furnace with central heat and A/C. Every detail of this update was carefully considered, ensuring a flawless finish.
This home offers the perfect blend of suburban comfort and city convenience. Enjoy nearby parks and trails such as the Majestic View Park, top rated golf course Indian Tree, along with top-rated schools.
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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 |
|---|---|---|---|
| Mar 31, 2026 | Sold | ||
| Sold | |||
| Feb 22, 2026 | In contract | - | |
| In contract | |||
| Jan 23, 2026 | Listed | $695,000 | |
| Listed | |||
| Dec 12, 2025 | Relisted | $695,000 | |
| Relisted | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017