650 Ely Avenue
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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.
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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 5, 2026 | Sold | ||
| Sold | |||
| Mar 19, 2026 | In contract | - | |
| In contract | |||
| Mar 3, 2026 | Listed by Houlihan Lawrence Inc. | $2,499,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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One of Pelham Manor’s most admired homes, this solid stone Colonial, designed by renowned architect Charles M. Hart, exudes charm and grace with incredible curb appeal, perfect proportions, and sophisticated European interior accents. Center hall foyer with graceful staircase and convenient powder room opens to formal living room and adjoining sunroom with marble floor, each with a wood-burning fireplace showcased by a custom and an antique marble mantle. Formal dining room with built-in china cabinet connects to butler’s pantry with back staircase. Renovated and expanded kitchen with cathedral ceiling breakfast and living space, granite counters, professional range, two sinks and other high-end appliances. Second floor master bedroom with dressing room and spa-like bathroom with two sinks and separate shower and soaking tub. Bedroom and hall bath, custom study with built-in bookshelves (previously a bedroom), and office/nursery on second floor plus third floor with two bedrooms and two full baths. Custom radiator covers with antique replica grills. Finished basement with half bath and endless rec space. Situated on a half-acre lot on one of the prettiest streets in the Manor, three blocks from elementary school.
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| Aug 14, 2020 | Sold | ||
| Sold | |||
| Jun 10, 2020 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017