294 Pelham Rd
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 |
|---|---|---|---|
| Dec 3, 2024 | Sold | ||
| Sold | |||
| Sep 27, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Listed by William Raveis R.E. & Home Services | $399,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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This sweet ranch can be yours! Or keep it as an investment property! This charmer has mostly hardwood floors and a wonderful woodstove in the living room. The garage was converted to additional living space with a loft and a 3/4 bath for a primary bedroom or guest space. Situated on a large corner lot it is fenced in and private. Located near a PVTA bus stop, less than 5 minutes to Amherst Center, shopping and restaurants. Also less than 10 minutes to UMass campus and route 9 shopping including whole foods and Trader Joes. You can't go wrong! Don't miss out!
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| Jan 8, 2018 | Sold | ||
| Sold | |||
| May 12, 2017 | Listed by William Raveis R.E. & Home Services | $239,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017