414 Pelham Manor Road
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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 |
|---|---|---|---|
| Apr 30, 2026 | Sold | ||
| Sold | |||
| Jan 28, 2026 | In contract | - | |
| In contract | |||
| Jan 19, 2026 | Listed by Capital Realty NY LLC | $1,965,000 | |
| Listed by Capital Realty NY LLC | |||
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Welcome to 414 Pelham Manor Road, a beautifully updated classic Colonial set on one of Pelham Manor’s most desirable and quiet cul-de-sac blocks. Offering a rare walk-to-all lifestyle, this home provides effortless access to the Pelham train station, top-rated Pelham schools, playgrounds, sports fields, downtown restaurants, and shops—making everyday life remarkably convenient for both all.
Inside, the home features an airy, light-filled circular first-floor layout designed for both daily living and entertaining. The chef’s kitchen anchors the main level and is equipped with an AGA stove, Thermador oven, Sub-Zero refrigerator, beverage and wine fridge, expansive island, and custom cabinetry. Adjacent living and dining spaces flow seamlessly, creating a warm and connected atmosphere throughout.
Upstairs, the oversized primary suite is a true retreat, offering custom built-ins, a walk-in closet, and a luxurious new en-suite bath with a marble walk-in rainfall shower and deep soaking tub. Three additional bedrooms include a versatile third-floor space ideal for an au pair suite, home office, or playroom.
The finished 600+ sq ft lower level provides exceptional bonus space, complete with a bar, wine fridge, and custom storage—perfect for entertaining, hobbies, or recreation. Two fireplaces, including a striking stone fireplace, add character and charm.
Outdoors, enjoy a fully fenced backyard with an expansive patio, dedicated dining areas, and a new outdoor kitchen featuring a Blaze gas grill and wine fridge. Mature landscaping provides privacy and year-round appeal. Additional highlights include a newer roof with a 35+ year warranty, upgraded 220-amp electrical service, new boiler, central HVAC, built-in ceiling speakers throughout, French drain system, and no flood zone designation.
With its combination of thoughtful layout, substantial upgrades, modern systems, and a premier walk-to-town location, 414 Pelham Manor Road offers exceptional value in today’s market. Homes with this level of quality, space, and convenience are rarely available.
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| Sep 24, 2021 | In contract | - | |
| In contract | |||
| Sep 11, 2021 | Listed by Julia B Fee Sothebys Int. Rlty | $1,448,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017