$600,000
●
House -
Off Market
120 3rd Street
Pelham, NY 10803
3 Beds
1 Bath
1,008 Ft²
$4,216
Est. Monthly
About This Property
Welcome to this charming home in the picturesque Village of Pelham.
Upon entry you are greeted by a sun-filled entry/sitting room that
leads to the perfect home/office or bedroom The cozy living room
features a wood burning fireplace. The dine-in kitchen has sliders
giving you easy access to the yard, perfect for seamless alfresco
entertaining. Two Bedrooms, plus an updated hall bath with
skylight. The lower level is unfinished and offers plenty of
storage space, utility area, and laundry room. The location is
unbeatable! It is in close proximity to the Hutchinson
Elementary School, Pelham Train Station-(only 30 minutes to Grand
Central) Art Center, Playhouse and DeCicco's, plus many restaurants
and shops. During the summer time you can enjoy free concerts at
the town gazebo! Many improvements include: New Driveway, Roof is 6
1/2 years old, New Gutter & Leaders, 40 x 100 level fenced-in yard.
This property is a special find! Additional Information:
HeatingFuel:Oil Above Ground,
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$594
Property Type
House
Property Taxes
$1,275
HOA Dues
-
Year Built
1918
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (OneKey MLS #KEYH6301067)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2024 | Sold | ||
| Sold | |||
| Jul 10, 2024 | In contract | - | |
| In contract | |||
| Jun 17, 2024 | In contract | - | |
| In contract | |||
| May 31, 2024 | Listed by Douglas Elliman Real Estate | $599,000 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
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Welcome to this charming home in the picturesque Village of Pelham. Upon entry you are greeted by a sun-filled entry/sitting room that leads to the perfect home/office or bedroom The cozy living room features a wood burning fireplace. The dine-in kitchen has sliders giving you easy access to the yard, perfect for seamless alfresco entertaining. Two Bedrooms, plus an updated hall bath with skylight. The lower level is unfinished and offers plenty of storage space, utility area, and laundry room. The location is unbeatable! It is in close proximity to the Hutchinson Elementary School, Pelham Train Station-(only 30 minutes to Grand Central) Art Center, Playhouse and DeCicco's, plus many restaurants and shops. During the summer time you can enjoy free concerts at the town gazebo! Many improvements include: New Driveway, Roof is 6 1/2 years old, New Gutter & Leaders, 40 x 100 level fenced-in yard. This property is a special find!
| |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Pelham
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Last Updated: 4 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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