429 Pelham Manor Road
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%.
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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.
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 19, 2023 | In contract | - | |
| In contract | |||
| Feb 19, 2023 | Price Decreased |
$2,290,000
↓ $109K
(4.5%) | |
| Price Decreased | |||
| May 12, 2022 | Listed by Houlihan Lawrence Inc. | $2,399,000 | |
| Listed by Houlihan Lawrence Inc. | |||
| | |||
|
Charming Georgian Colonial nestled on a tranquil street in Pelham Manor Heights. Boasting a spacious 3/4 acre double lot, conveniently located near train, schools, and village. Savor picturesque views of the pristine backyard from the updated kitchen and cozy family room. Impeccably maintained with 6 bedrooms and 4.5 baths. Equipped with central air and a 2+ car garage, ample space for a pool.
| |||
| Sep 17, 2007 | Sold | ||
| Sold | |||
| May 8, 1995 | Sold | ||
| Sold | |||
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About Pelham Manor
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,000 /mo
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- 1,413 ft²
$3,495 /mo
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017