283 Pelham St
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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| May 28, 2024 | Listed by Century 21 North East | $699,000 | |
| Listed by Century 21 North East | |||
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This beautiful updated home is on a corner lot, the driveway is on Blueberry, a quiet street in the Marsh School district minutes to Tuscan Village. The property has a spacious yard with mature plants, and trees, a gazebo & trek deck perfect for entertaining, and a partially fenced-in yard. The updated kitchen with french doors to the deck, tons of storage, and a large custom island that serves as the centerpiece of the kitchen. The front-to-back living room includes a pellet stove, bay window & hardwood flooring in both the dining & living rooms and an updated full bathroom. 2nd floor there are 3 bedrooms and an updated full bath—lots of recessed dimming lights. The finished basement provides a great room, an exercise room or office, and a utility & laundry room. The oversized 2-car garage offers ample storage and a pull-down stair to the 2nd floor for additional storage. The house's attic is sealed with insulation making it energy efficient. 10 years they have enjoyed solar too!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017