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579 Manor Lane
About This Property
A charming covered front porch welcomes you and provides the perfect place to relax with morning coffee, visit with neighbors, or enjoy warm-weather evenings. Inside, a gracious entry foyer introduces the home's classic character and hardwood floors, which continue throughout. The spacious living room is filled with natural light and anchored by a wood-burning fireplace framed with custom Italian tile. The generously proportioned formal dining room is ideal for both intimate dinners and larger gatherings, with sliding glass doors opening directly to the backyard patio for effortless indoor-outdoor entertaining.
The well-appointed kitchen features abundant cabinetry, granite countertops, stainless-steel appliances, and excellent workspace. Mini-split air-conditioning systems in the kitchen and first-floor bedroom provide added comfort during the warmer months.
Also on the main level is one of the home's most valuable and uncommon features: a first-floor bedroom with its own full bathroom. This private and flexible arrangement is ideal for guests, extended family, an au pair, or anyone who prefers first-floor living. It could also serve beautifully as a home office, den, television room, or studio. Sliding glass doors provide the bedroom with direct access to the patio and garden.
Upstairs, the spacious primary bedroom includes a private en-suite bathroom, while two additional light-filled bedrooms share another full bath. The full walk-up third-floor attic provides a robust amount of easily accessible storage-an increasingly desirable and practical feature.
The lower level adds even more flexibility, with two finished bonus rooms that can accommodate a playroom, media room, home gym, recreation space, hobby room, or additional home office. A laundry area and ample household storage complete this level.
The backyard is a true standout and hidden jewel: a beautifully designed Japanese-style garden offering a tranquil retreat in the heart of Pelham Manor. Thoughtfully landscaped garden beds, mature plantings, lush greenery, colorful seasonal blooms, and a serene waterfall create an enchanting setting that feels peaceful and removed from the everyday. The expansive patio offers abundant space for outdoor dining, summer entertaining, gardening, play, or quiet mornings surrounded by nature. With direct access from both the dining room and first-floor bedroom, the garden becomes a natural extension of the home's living space.
A detached one-car garage and a private driveway with parking for multiple cars add further convenience. All of this is set in a highly desirable, "chauffeur-free" Pelham Manor location within walking distance of the Pelham Metro-North station and conveniently close to schools, village shops, restaurants, parks, playgrounds, and recreation.
Offering four bedrooms, three full bathrooms, two en-suite bedroom arrangements, hardwood floors throughout, abundant natural sunlight, flexible finished space, exceptional storage, and an extraordinary Japanese-style garden, 579 Manor Lane presents a rare combination of comfort, character, convenience, and natural beauty.
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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 |
|---|---|---|---|
| Sep 13, 2026 | Relisted | $1,399,500 | |
| Relisted | |||
| Sep 3, 2026 | Listed by Capital Realty NY LLC | $1,399,500 | |
| Listed by Capital Realty NY LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017