370 Pelham Rd
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 1, 2024 | Sold | ||
| Sold | |||
| Jan 8, 2024 | In contract | - | |
| In contract | |||
| Jan 4, 2024 | Listed by William Raveis R.E. & Home Services | $415,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| Jan 21, 2015 | Sold | ||
| Sold | |||
| Jul 12, 2013 | Listed by Coldwell Banker Upton-Massamont REALTORS® | $180,000 | |
| Listed by Coldwell Banker Upton-Massamont REALTORS® | |||
| | |||
|
Great location close to Amherst Center and UMASS for this expanded home. Three bedrooms, 1 1/2 baths. Partial newer roof and newer heating system apo, first floor laundry. This home has been a great income producer for its owners, having been rented out consistently for the past six years. Currently tenant occupied with a lease through May 31 2014, owner receiving $2,000/month in rent. Two bedrooms and 1/2 bath upstairs, 2 bedrooms and full bath downstiars. Garage was converted to a fourth bedroom to increase rental potential. Town water and sewer! Screened porch and peaceful backyard. Move in and modify to your personal taste or help to fill the demand for housing for young adults furthering their education. This home offers great potential and awaits your personal touches. Short sale, lender approval required.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017