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291 Pelham Street
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 |
|---|---|---|---|
| Sep 16, 2025 | Sold | ||
| Sold | |||
| Aug 12, 2025 | In contract | - | |
| In contract | |||
| Aug 4, 2025 | Listed by Keller Williams Realty Signature Properties | $639,000 | |
| Listed by Keller Williams Realty Signature Properties | |||
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Welcome to this sun-filled 4 bed, 2.5 bath Colonial in desirable West Methuen! Just a short walk to Marsh School and close to Forest Lake, this commuter’s dream offers hardwood floors throughout, a finished basement, and tons of natural light. The third floor is ready to be finished—perfect for a home office or extra living space. Enjoy the large, fenced backyard with mature apple and pear trees—ideal for relaxing, playing, or entertaining. Conveniently located near major routes with great outdoor and school access, this home checks all the boxes! OFFER DEADLINE Sunday 8/10 at 5PM.
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| Oct 21, 2022 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 21, 2022 | Listed by Buyers Only LLC | $599,000 | |
| Listed by Buyers Only LLC | |||
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PRICE REDUCTION! Motivated Sellers. Bring your offers!!! Amazing opportunity to live in the desirable Marsh district. With some TLC, this charming colonial could be the house of your dreams! Some features include, a bright and sunny kitchen with granite counters which opens to a large dining room, 2 living rooms, one with built in bookcases. Master bedroom has vaulted ceiling with a master bath and a large walk-in closet. Bathrooms have Italian tiles and the rest of the house has hardwood flooring throughout. Potential for expansion in huge walk up attic. Two finished rooms in basement, perfect for teen hang out or gym. Huge flat back yard is perfect for entertaining! Located just minutes from I 93, Route 213, and tax-free Pelham and Salem, NH. It is also a very short walk on the sidewalks to the Marsh school.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017