315 Stellar Way
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 |
|---|---|---|---|
| Oct 24, 2025 | Sold | ||
| Sold | |||
| Sep 19, 2025 | In contract | - | |
| In contract | |||
| Sep 7, 2025 | Listed by eXp Realty of California Inc | $255,000 | |
| Listed by eXp Realty of California Inc | |||
| Jul 18, 2025 | Price Decreased |
$255,000
↓ $20K
(7.3%) | |
| Price Decreased | |||
| Feb 26, 2025 | Listed | $275,000 | |
| Listed | |||
| | |||
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Ready to build your dream home in a sunny redwood paradise? This dome-shaped home with pool was unfortunately destroyed in the 2020 CZU fire, but a significant portion of the groundwork for building has already been completed by both the current and previous seller. There is a PG&E power pole located in front of the driveway with a temporary meter. The undamaged septic system has been inspected and cleared by the Environmental Health Department. The well was previously repaired by the last seller and exclusively services this property. The structure site has received phase 1 & 2 clearance for debris removal, as well as Geo and Fire Protection clearances. Pre-clearance has been obtained for a 2636 sqft, 2-bedroom, 2-bathroom house with an attached garage and storage unit. An approved temporary housing permit for a construction trailer has been granted in the past. If the 2.8 acres aren't sufficient, this property is nestled between Big Basin and Castle Rock state parks. It offers an easy commute to Saratoga, Silicon Valley, and Boulder Creek. Searching for the perfect buyer to restore this property to all its glory. Truly a must-see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017