17
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315 Mountain Avenue
About This Property
The home is currently cluttered and meeds plumbing & heating, making it a true blank canvas. Perfect for an investor, contractor, or experienced DIYer looking for a fix-and-flip or custom renovation project. Buyer may needs a renovation loan like an FHA 203(k) rehab loan, which allows you to bundle the repair costs right into your home loan. Of corse, Cash works too :-)
Hidden potential like this in a desirable Orange County neighborhood is hard to find. If you are ready to roll up your sleeves and transform this property , this is your moment. Bring your contractor, check out the space, and start planning your next big success story today.
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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 |
|---|---|---|---|
| Oct 11, 2026 | Listed by Century 21 Full Service Realty | $335,000 | |
| Listed by Century 21 Full Service Realty | |||
| Aug 6, 2021 | Sold | ||
| Sold | |||
| Jun 26, 2021 | In contract | - | |
| In contract | |||
| May 15, 2021 | Relisted | $280,000 | |
| Relisted | |||
| Apr 29, 2021 | Listed by Howard Hanna Rand Realty | $280,000 | |
| Listed by Howard Hanna Rand Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017