406 Sixth Avenue
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 |
|---|---|---|---|
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Oct 15, 2025 | In contract | - | |
| In contract | |||
| Sep 30, 2025 | Listed by Houlihan Lawrence Inc. | $1,449,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Enjoy contemporary living in historic Pelham with this nearly-new (2020), impeccably-maintained home. Impossible-to-find open floor plan flows seamlessly from the airy foyer into a living and dining area, fantastic kitchen, and family space with glass fireplace and sliding door to bluestone patio and yard. At the heart of it all, an inviting kitchen island with quartz counter draws family and friends together with seating on two sides. Brand new kitchen appliances include Bosch refrigerator, dishwasher, and induction range. Second floor master bedroom with luxurious bath plus three additional generously-sized bedrooms, hall bath, and custom closets throughout. Over 2000 square feet plus an additional 800 square feet in walk-out basement with nine-foot ceilings, huge family rec space, laundry room with LG front-loading washer and dryer, and mudroom. Built to be eco-friendly, this home has an electric car charger, is spray foam insulated, and features a high-efficiency, low-cost, electric HVAC system with ERV (energy recovery ventilator) designed for both comfort and climate friendliness. Situated in the heart of Pelham, within easy walk of Pelham Metro-North train station, new (2023) Hutchinson Elementary School, and downtown shops and restaurants.
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| May 18, 2022 | Sold | ||
| Sold | |||
| Mar 12, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017