Updated Oct 14, 2026
William Zev Levy Of IceCap Group Provides $1,622,000 Refinance Loan For Montclair Single Family Home
169 Upper Mountain Avenue
$1,622,000
Building Size
—
Asset Type
Single Family Residence
Closing
Oct 5, 2026
About this deal
AI
The property asset involved in this transaction is a single-family home located at 169 Upper Mountain Avenue in Montclair. The loan for this property was secured for a total amount of $1,622,000 with terms including a refinance and construction loan lasting 18 months.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,622,000
- Lender: William Zev Levy - IceCap Group
- Loan Type: Refinance & Construction
- Loan Terms: 18 Months
- Market: Montclair
William Zev Levy is the representative for IceCap Group in this transaction. The lender emphasizes the expansion of its presence in residential and mixed-use bridge and permanent lending, particularly in New Jersey and across the nation. A note from the lender highlights the successful closing of another deal in Montclair, NJ.
On the Map
$1,622,000
Single Family Residence
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Montclair Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.78%
Cash-on-Cash
-2.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93