40 Benedict Place
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Jul 10, 2025 | Sold | ||
| Sold | |||
| Apr 12, 2025 | In contract | - | |
| In contract | |||
| Mar 17, 2025 | Listed by Julia B Fee Sothebys Int. Rlty | $1,999,999 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
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Private and serene, this stately 6 bedroom brick center hall colonial is nestled in a quiet cul de sac called Benedict Place, located just steps away from the Pelham Metro North Station, the Pelham Hi-Line Park, all village shops and restaurants, and the farmers market. Renovated from top to bottom, the many features of this open and airy house include 9 ft+ ceilings and a sun filled kitchen with custom wood cabinetry, Sub-Zero and Wolf appliances and oak radiant heated floors. Step outside and enjoy your morning coffee and enjoy the sunrise with views of beautiful Pelhamwood. Gather friends around the fireplace in the expansive living room or relax and read in the bright sunroom with heated floors. Upstairs, a luxe master suite with a marble bath, an adjoining office/gym and walk-in closet provides a cozy retreat from the day. Two zone central air conditioning, gas heat, and new storm windows make life effortless and comfortable. Newly landscaped property includes a deluxe playset which is included in the sale. Enjoy a car free lifestyle of easy commuting, block parties with friendly neighbors, and a home where all ages can safely ride their bikes around the neighborhood. Zoned for all Pelham Schools, COLONIAL ELEMENTARY, PELHAM MIDDLE SCHOOL and PELHAM HIGH SCHOOL. Showings begin Friday, March 28th. See long list of upgrades and features attached.
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| Jul 15, 2020 | Sold | ||
| Sold | |||
| May 29, 2020 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017