545 Pelham Manor Road
About This Property
Step inside to discover a truly unique living experience. The main highlight is the spacious living room with cathedral ceilings, creating a grand and airy atmosphere. Adding to its allure, the living room is adorned with a balcony on the second floor, overlooking the space below. This architectural feature adds an elegant touch and serves as a perfect spot for relaxation.
This home boasts an array of desirable features, including two fireplaces that provide warmth and character. A well-appointed study offers a private retreat for work or leisure. The finished lower level presents additional living space, complete with a playroom, laundry area, and a recreational room, ensuring plenty of room for entertainment and hobbies.
Privacy and comfort are paramount, as each bedroom is accompanied by its own private bathroom. Additionally, the home offers an abundance of closet space, providing ample storage for belongings. The convenience of a cul-de-sac street enhances the tranquility of the surroundings.
Outside, the landscaped yard invites you to unwind and enjoy outdoor activities, with the added bonus of a tennis court for recreation and exercise. This remarkable property offers a timeless elegance, combining historic charm with modern amenities, making it a truly exceptional place to call home.
Experience the allure, where history meets contemporary living in a truly remarkable setting. Additional Information: Amenities:Tennis,HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Detached,
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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 |
|---|---|---|---|
| Aug 7, 2023 | In contract | - | |
| In contract | |||
| Jul 6, 2023 | Listed by Shaw Properties | $1,350,000 | |
| Listed by Shaw Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017