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Pelham Manor 10803
788 Colonial Avenue
$550,000
● House - Off Market

788 Colonial Avenue

Pelham, NY 10803
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,126 Ft²
$837,155
RealtyHop Estimate
46.87%
Since Apr 1, 2019
NY-New York
Primary Model

About This Property

A diamond in the rough, this charming Colonial style home could be picture perfect. Siwanoy School and a short walk to train, make this a rare find in Pelham Manor for this price. House is sold AS-IS Additional Information: ParkingFeatures:1 Car Detached,
Unit Size
2,126 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$268
Property Type
House
Property Taxes
$1,426
HOA Dues
-
Year Built
1926

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 6 months ago (OneKey MLS #KEYH4855176)

Price History

Date / Event Date Event Price
Apr 3, 2019 Sold
Premium
Sold
Jan 3, 2019 Listed by McClellan Sotheby's Int. Rlty $570,000
Listed by McClellan Sotheby's Int. Rlty

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 250
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,016
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 490
  • Total Building Area: 2,126
  • Building Area: 2,126
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 2,126
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Pelham Union Free School District
  • School Tax School District: PELHAM
  • Census Tract: 005500

Zoning

  • Zoning: RA

Geography

  • Account Number: 02227000
  • District: 554405
  • Section: 164.61
  • Parcel: 554405 164.61-1-30
  • Block: 1
  • Lot: 30.000
  • Municipality: PELHAM MANOR
  • Latitude: 40.9023
  • Longitude: -73.8009

    Address

  • Full Address: 788 Colonial Ave
  • Address - House Number: 788
  • Address - Street Name: Colonial
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Pelham
  • Carrier Code: C014
  • 4-Digit Zip Code: 2321
  • Zip Code: 10803

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,909,964
  • Tax Rate Code Area: 554401

    Appraisal Valuation

  • Standard Deviation: 0.245
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 906,539
  • High Value: 1,128,660
  • Low Value: 684,419

    Market Valuation

  • Market Total Value: $798,000
  • Market Land Value: $168,000
  • Market Improvement Value: $630,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $798,000
  • Assessed Land Value: $168,000
  • Assessed Improvements Value: $630,000

    Sales

  • Current Sale Contract Date: Mar 28, 2019
  • Current Sale Recording Date: Apr 03, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 590793543
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Pelham Manor

Stats & Trends

Median Asking:

$1,400,000

Sale Price/ft²

$575

Below Asking

0.01%

Average Days on Market

99

Average Home Size

1948 ft²

Average Home Age

83.9 years

Currently For Sale

9 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 720 Pelham Road, NEW ROCHELLE, NY, 10805

$3,495 /mo

  • 3 Beds
  • 2 Baths
  • 1,200 ft²
720 Pelham Road #5F, NEW ROCHELLE, NY, 10805 Listing by Damion Foster
Unit for rent at 168 Hillside Avenue, Mount Vernon, NY 10553

$2,900 /mo

  • 3 Beds
  • 1 Bath
168 Hillside Avenue #2, Mount Vernon, NY 10553 Listing by Steven BenShabat

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 788 Colonial Avenue built and last sold?
The property at 788 Colonial Avenue was built in 1926 and last sold on Mar 28, 2019 for $561,000.
How much is this home worth?
The estimated value of the home located at 788 Colonial Avenue is $612,580.
What are some comparable homes to 788 Colonial Avenue?
There are currently no comparable homes to 788 Colonial Avenue.
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