425 Carol Place
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 |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Apr 3, 2025 | In contract | - | |
| In contract | |||
| Feb 14, 2025 | Listed by Houlihan Lawrence Inc. | $1,290,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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A lovely, open concept, Modern Masterpiece in the heart of Pelham! This sweet home is the right space for anyone looking for a turnkey alternative to city living and convenience! Welcome to 425 Carol Place. Here you'll discover a transformed, bright and welcoming space including a state-of-the-art eat-in-kitchen, dining area, and all the comforts of easy living. Each level offers well done finished spaces. The large primary bedroom boasts a lovely walk-in-closet, en-suite bath, and pull down stair access to yet another closet space in the spray foam insulated attic! There are 3 full and 1/2 baths in this gem and well used space for all. Looking for a large, level, usable yard? Here it is! And you'll appreciate the spacious deck just off the dining area that brings you here! Love a good workout? Wait until you see the transformation that is the garage! If weights aren't your thing, that's ok too - this space can easily be converted back to its original use. The pluses don't stop there. Walk to all of Pelham's renowned schools - Siwanoy Elementary, and the Middle and High Schools - from this lovely private street! Meanwhile, enjoy being in close proximity to the town of Pelham while living in the Village of Pelham Manor! It's the best of both worlds. As a resident of the Manor you get the exclusive use of lovely Shore Park beautifully situated along the Long Island Sound! Walk 15 mins in the opposite direction and be at Pelham's Metro North Train Station and just 32 minutes into Manhattan! This move-in-ready gem just gets better for so many reasons!
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| Jul 18, 2019 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017