920 Gene Johnson ST
About This Property
Outside, the backyard is outfitted with concrete pavers, space for dining al fresco or enjoying a hot tub evening. Landscaped throughout, the outdoors areas all flow together and allow for seamless indoor / outdoor living. A one-car garage has been transformed into a detached studio, with mini-split AC, full bath and kitchenette. Whether you use it for an office, gym, creative space, or rental income, the additional 344 square feet are a huge bonus for any homeowner.
North Loop, a vibrant pocket just north of the University of Texas and neighboring Hyde Park, offers a unique blend of trendy and historic. Forget chain stores and tourist traps – this neighborhood thrives on independent shops overflowing with vintage finds, locally-crafted treasures, and funky furniture. Grab a beverage and bite at Kome Sushi, Home Slice Pizza, Lazarus Brewing, Foreign and Domestic, or The Golden Horn to name just a handful of the local favorites within minutes of 920 Gene Johnson.
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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 |
|---|---|---|---|
| Jul 24, 2024 | In contract | - | |
| In contract | |||
| Jul 13, 2024 | Price Decreased |
$849,500
↓ $50K
(5.5%) | |
| Price Decreased | |||
| May 8, 2024 | Listed by Douglas Elliman Real Estate | $899,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Apr 19, 2024 | Delisted | - | |
| Delisted | |||
| Apr 17, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017