5 Benedict Place
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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 |
|---|---|---|---|
| Aug 16, 2023 | Sold | ||
| Sold | |||
| Jun 7, 2023 | In contract | - | |
| In contract | |||
| Jun 2, 2023 | Relisted | $1,337,000 | |
| Relisted | |||
| May 19, 2023 | Listed by Compass Greater NY, LLC | $1,337,000 | |
| Listed by Compass Greater NY, LLC | |||
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A Commuter's Dream! This gracious brick Arts & Crafts style Colonial home stands tall on one of Pelham's most coveted cul-de-sacs, just a 2 minute walk to the Pelham train station and downtown Pelham with its farmers market, shops and restaurants. Upon entry, you are struck by the grand foyer's architectural details, such as 9 ft+ ceilings, original Quartersawn Oak doors, staircase and floors. The gracious living room with wood burning fireplace and formal DR are perfect for family gatherings. Adjacent to the dining room is a spacious sunroom/family room filled with windows. The eat-in kitchen and large screened in porch make for year round enjoyment. Renovated powder room completes the main floor. Upstairs is a spacious primary bedroom w/renovated ensuite marble bath w/spa shower and solid mahogany vanity. There are an add'l 3 bedrooms and a renovated hall bath. The top floor has the 5th bedroom and full bath perfect for a guest or au pair. This is the one you have been waiting for!
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| May 5, 2023 | Listed by Compass Greater NY, LLC | $1,337,000 | |
| Listed by Compass Greater NY, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017