Noise cost impact question

[Traver Freeman]

There's a property I've had my eye on in my neighborhood in Southern California that's been on the market for a little while. It hasn't sold in at least the two months I've been watching it. I'm in a pretty competitive area so that makes me slightly hesitant. Why hasn't someone else picked it up already?

However, there's another property that was just listed about a week ago for $359,000. Another house in this same area sold for a similar number about four months ago. The new listing is a 4 bed 2 bath 1350 square foot with a pool. The other was a 3 bed 2 bath. No pool but quieter. I don't remember the square footage.

The property I've been watching is also a 4 bed 2 bath 1600 square foot with a pool. The one major difference in the one that hasn't sold is it's right up against an interstate where as the one above for 359k has about three other houses and a street between it and the interstate.

Without me giving any other details. Assuming it was move in ready (it's not). What would be an estimated ARV and how much less would a house go for just due to noise alone?

The next question is, assuming it's a total dump (I know the pool is green). What would you offer if you were going to flip it?

Rough estimates are really all I'm looking for. Thanks.