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Pelham 10803
149 Elderwood Avenue
$1,256,625
● House - Off Market

149 Elderwood Avenue

Pelham, NY 10803
bedrooms
6 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
5,265 Ft²
$2,670,643
RealtyHop Estimate
72.41%
Since Mar 1, 2014
NY-New York
Primary Model

About This Property

Located in a prime section of Pelham Heights, this truly unique 1920 Tudor home retains many of it's original details including: beamed ceilings, Inglenook fireplace, French doors, leaded-glass windows, hardwood floors, picture and crown moldings.  Featuring expansive living, dining, & sun rooms, the spacious ground floor evokes the height of the roaring twenties. Within walking distance to the train, village & schools this home including the adjacent lot can be yours for $1,849,000 Additional Information: ParkingFeatures:3 Car Detached,
Unit Size
5,265 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$294
Property Type
House
Property Taxes
$4,234
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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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: 6 months ago (OneKey MLS #KEYH3317136)

Price History

Date / Event Date Event Price
Apr 9, 2014 Sold
Premium
Sold
Feb 11, 2014 Sold
Premium
Sold
May 31, 2013 Listed by Houlihan Lawrence Inc. $1,549,000
Listed by Houlihan Lawrence Inc.

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 2
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 2
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 250
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 1,086
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,090
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 5,265
  • Building Area: 5,265
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 5,265
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF PELHAM HEIGHTS
  • Land Acres: 0000000576
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Pelham Union Free School District
  • School Tax School District: PELHAM
  • Census Tract: 005400

Zoning

  • Zoning: RA1

Geography

  • Account Number: 01479000
  • District: 554403
  • Section: 164.53
  • Parcel: 554403 164.53-1-32.1
  • Block: 1
  • Lot: 32.001
  • Municipality: PELHAM
  • Latitude: 40.9062
  • Longitude: -73.8019

    Address

  • Full Address: 149 Elderwood Ave
  • Address - House Number: 149
  • Address - Street Name: Elderwood
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Pelham
  • Carrier Code: C008
  • 4-Digit Zip Code: 2011
  • Zip Code: 10803

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,818,018
  • Tax Rate Code Area: 554401

    Appraisal Valuation

  • Standard Deviation: 0.2369
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 2,081,394
  • High Value: 2,574,641
  • Low Value: 1,588,147

    Market Valuation

  • Market Total Value: $2,302,000
  • Market Land Value: $410,000
  • Market Improvement Value: $1,892,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,302,000
  • Assessed Land Value: $410,000
  • Assessed Improvements Value: $1,892,000

    Sales

  • Current Sale Contract Date: Feb 07, 2014
  • Current Sale Recording Date: Apr 09, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 540373427
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Pelham

Stats & Trends

Median Asking:

$1,325,000

Sale Price/ft²

$606

Below Asking

0.01%

Average Days on Market

77

Average Home Size

1810 ft²

Average Home Age

94.3 years

Currently For Sale

7 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 720 Pelham Road, NEW ROCHELLE, NY, 10805

$3,495 /mo

  • 3 Beds
  • 2 Baths
  • 1,200 ft²
720 Pelham Road #5F, NEW ROCHELLE, NY, 10805 Listing by Damion Foster
Unit for rent at 168 Hillside Avenue, Mount Vernon, NY 10553

$2,900 /mo

  • 3 Beds
  • 1 Bath
168 Hillside Avenue #2, Mount Vernon, NY 10553 Listing by Steven BenShabat

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 149 Elderwood Avenue built and last sold?
The property at 149 Elderwood Avenue was built in 1920 and last sold on Feb 7, 2014 for $1,256,625.
How much is this home worth?
The estimated value of the home located at 149 Elderwood Avenue is $1,542,656.
What are some comparable homes to 149 Elderwood Avenue?
There are currently no comparable homes to 149 Elderwood Avenue.
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