640 PELHAM 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%.
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 |
|---|---|---|---|
| Nov 8, 2011 | Sold | ||
| Sold | |||
| May 16, 2011 | Listed by RE/MAX SPECIALISTS | $225,000 | |
| Listed by RE/MAX SPECIALISTS | |||
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Very nice home on cul-de-sac lot which backs to preserve. Three sliding doors open from family room to covered porch. Unique floorplan is very open and has lots of niches. Front bedroom can be a home office. Upstairs bonus room has closet and full bath. Golf course community. Privacy wood fence on sides, wrought iron at back. Shelving in garage stays.
| |||
| Jan 9, 2011 | Listed by WATSON REALTY CORP | $292,000 | |
| Listed by WATSON REALTY CORP | |||
| Sep 22, 2005 | Sold | ||
| Sold | |||
| Jul 18, 2005 | Listed by WATSON REALTY CORP | $359,900 | |
| Listed by WATSON REALTY CORP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017