31 Mountain Ave
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 |
|---|---|---|---|
| Apr 10, 2026 | Sold | ||
| Sold | |||
| Mar 6, 2026 | In contract | - | |
| In contract | |||
| Feb 25, 2026 | Listed by J. Barrett & Company | $499,000 | |
| Listed by J. Barrett & Company | |||
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Affordable and adorable bungalow is looking for a new owner! Enter from the enclosed porch to an inviting open concept living and dining room centered around a gas fireplace. Off the dining area is a large eat in kitchen with much potential! Completing the main level is 2 bedrooms and the full updated bathroom. Upstairs offers a 3rd bedroom, bonus room, and loads of storage space, closets, and built in shelves. The full basement provides laundry hookups and potential for expanding square footage. The property is partially fenced with a detached garage, backyard patio, and off street parking for 3 cars. Located on a quiet side street and convenient midtown location between Saugus Center and Cliftondale Square! Minutes from Rte 1, connecting to 95/128 and Boston. The perfect opportunity for the first time single family buyer or downsizer is here!
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| Feb 27, 2017 | Sold | ||
| Sold | |||
| Nov 9, 2016 | Listed by Century 21 North Shore | $344,900 | |
| Listed by Century 21 North Shore | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017