228 Johnson St Palmyra, NY 14522

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2 beds · 1 bath · 1,191 sq ft · Lot Size: 13,504 sq ft · Single Family Home
Est. Property Value: $133,552

Owned for 15 - 25 YearsOwner Age 65 - 75

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228 Johnson St is in the 14522 neighborhood of Palmyra, NY. It is located in Wayne County and ZIP code 14522. This Single Family Home was built in 1910 and is approximately 115 years old. The single family home spans 1191 sq ft with 2 bedrooms and 1 bathroom and sits on a 13504 sq ft lot. According to public records, it was last sold in 2004 for $75,000 and has a tax-assessed value of $114,747, which is $112 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 228 Johnson St Palmyra, NY 14522 with Property Intel by Whitepages.

228 Johnson St

Palmyra, NY 14522

Owner Info

Owners & Occupancy for 228 Johnson St

This property is owned by Steven M Vinci. Owner contact information includes 3 phone numbers.

Property Owners

Residence***********
Landline(585) 461-1296
Distance from Property**********
Other owned properties (1)
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Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 68

Property Financials for 228 Johnson St

228 Johnson St, Palmyra, NY has no known mortgage. The Wayne county assessment for 2023 values it at $114,747, with annual taxes of $4,798.

Property Tax

Purchase DateJuly 20, 2004
Property Tax Amount$4,798 in 2024
Purchase Price$75,000
Assessed Value$114,747 on 2023

Investment Potential for 228 Johnson St

The property has a current estimated value of $133,552, which is 13% below the zip median, based on public records. It last sold on July 20, 2004 for $75K. Projected long-term
is $28,800 annually ($2,400 per month) with a 93% occupancy rate.

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Long-Term

Gross Rental
$28,800 per year($2,400 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
View Cap Rate
Occupancy Rate
93%in 14522 zip code
 
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Property Details for 228 Johnson St

Property Details

Property Sq Ft

Living Area

1,191 sq ft

1% above market

Lot Size

13,504 sq ft

33% below market

Price Per Sq Ft

Living Area

$112 / sq ft

14% below market

Lot Size Area

$10 / sq ft

38% above market

Property condition, age, exterior, etc. for 228 Johnso…
Longitude: -77.224465 Latitude: 43.061242 Parcel Number (APN): 543601-064-111-0012-879-607-0000…

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Discover more single family homes near 228 Johnson St in Palmyra, New York. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 228 Johnson St in Wayne County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$133,552
$183,731
-$50,179 (-27%)
$******
$311,249
-$29,567 (-9%)
YoY Price Change
****%
2.52%
-462%
Year Built
1910
1956
-46 years
Living Space
1,191 sq ft
1,188 sq ft
3 (0%)
$ Per Living Sq Ft
$112
$157
-$45 (-28%)
Lot Size
13,504 sq ft
13,939 sq ft
-435 (-3%)
$ Per Lot Sq Ft
$10
$12
-$2 (-20%)

Net Operating Income
$*****
$25,759
-$6,604 (-26%)
Annual Revenue
$28,800
$36,000
-$7,200 (-20%)
$****
$10,217
-$572 (-6%)
Net Operating Income
$*****
$25,759
-$6,604 (-26%)
Cap Rate
****%
13.94%
—
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Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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