78 Phil Johnson Road
About This Property
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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 |
|---|---|---|---|
| Sep 2, 2025 | Sold | ||
| Sold | |||
| Aug 5, 2025 | In contract | - | |
| In contract | |||
| Jun 17, 2025 | Listed by Harris Realty & Auction | $350,000 | |
| Listed by Harris Realty & Auction | |||
| | |||
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Discover this charming ranch-style home, featuring a formal dining room or additional living room, a family room, and an updated kitchen. The residence boasts a split-bedroom layout, offering a private master suite, while the covered front porch, deck, and patio enhance outdoor living. Additionally, a detached two-car garage workshop equipped with power and water adds remarkable utility to the property. Enjoy the benefits of country living without the burden of city taxes or HOA fees. Welcome home!
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| Feb 4, 2025 | Relisted | $350,000 | |
| Relisted | |||
| Dec 10, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017