Looking for the High Income Producing Property with an Amazing View? You have all you need for your tenants to rent in this Magnificent Waterfront (6) Luxury, 4 Level, Upscale Townhouse Complex in ever-changing New Rochelle, N.Y. Residents will enjoy the convenience of fabulous restaurants and stores at your fingertips! Not to mention, they'll happy to be able to walk to Metro North and get to Mid-town in less than an hour! 5 of the units have New Central Heat/A/C and water heaters! New Wrought Iron Fencing w/New Gates! Each unit comes w/a large Garage + 2 Parking spaces! Beautiful, WATERFRONT setting w/Breathtaking Views of Long Island Sound. 3 BR 2 1/2 Bath special homes. Your prospective tenants will be amazed, from the moment they walk through the front door of the garden entrance. Most of the pictures are from the recently renovated, Upscale unit (248) which features a Gorgeous Kitchen w/Sumptuous Gray Cabinets, Quartz Countertops, (the other units have Granite Counter Tops), Stainless Steel Appls, Huge Living/Dining Rm. ALL Gleaming HARDWOOD flrs. Sliding Glass Door to Terrace w/elec awning (only unit 248) & breathtaking views of the Long Island Sound. Up on the 3rd floor, you'll marvel at the view from the large windowed Master Bedroom w/walk-in closet, Master Bath w/Jacuzzi bathtub + Shower, 2 other Bedrooms + full hall Bath. Central/A/C. (4th Floor) Finished/Unfinished Walk-Up Attics w/Windows, wall/wall carpeting, 2 closets, alcove & smaller attic above. Down on the garage level, you'll find a Walkout Basement w/Laundry rm, fam room, utility rm, gar, & storage. Convenient to ALL: Walk to Elementary, Middle Schools and College. Mins to New Roc City & all Shops & Highways (I-95 & Hutch), Metro North Station. Beach rights(Glen Island/Hudson Park nearby). (Pls note that pictures 1-34 are from 248 Pelham Rd. Pics 35 & 36 are examples of the kitchen in the other units) All 6 units have approx a total of 2,700 Square feet of space within 4 levels in each unit! The address of the entire building in City Hall is 254 Pelham Road, New Rochelle, New York 10805.
Directions: Take Route 1 (Main Street) in Downtown New Rochelle to right on Centre Avenue to the end and make a left onto Pelham Road. Complex is on the right-hand side. Park in front and only in the back, if there is no street parking. It's best to enter from the front door at street level.
Price Information
Listing Price Info
Price Summary:
List Price: $4,800,000
Price Per SqFt: $356/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in New Rochelle, NY.
This property is $4.0M more than the Median Sold Price and $3/SqFt more than other homes in New Rochelle, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ONEKEY
MLS Number: #H6284118
Listing Office:
Office Name: Crowne Victoria Realty Sev LLC
Office Phone: (914) 528-2001
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2024, OneKey™ MLS. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 4/29/2024, 11:56:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$24K
Per Month
Principal & Interest
$23.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$14.4K
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Jefferson Elementary School
131 Weyman Ave
Distance between this listing and this school0.63 miles
Public District Grades KG-5
7
/10
Prospect Hill School
1000 Washington Ave
Distance between this listing and this school0.97 miles
Public District Grades KG-5
6
/10
Siwanoy School
489 Siwanoy Pl
Distance between this listing and this school1.24 miles
Public District Grades KG-5
Nearby Schools
4
/10
Isaac E Young Middle School
270 Centre Ave
Distance between this listing and this school1.21 miles
Public District Grades 6-8
6
/10
Pelham Middle School
28 Franklin Pl
Distance between this listing and this school1.59 miles
Public District Grades 6-8
3
/10
Longfellow Middle School
624 S 3rd Ave
Distance between this listing and this school2.11 miles
Public District Grades 7-9
Nearby Schools
8
/10
Pelham Memorial High School
575 Colonial Ave
Distance between this listing and this school1.56 miles
Public District Grades 9-12
5
/10
Graham School
421 E 5th St
Distance between this listing and this school1.93 miles
Public District Grades PK-11
3
/10
Harry S Truman High School
750 Baychester Ave
Distance between this listing and this school2.37 miles
The neighbors living near this home have an average income of $70,885. The majority of New Rochelle, NY residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 240-250 Pelham Rd in New Rochelle, NY and zip code 10805. This 13,492 square foot home, which was built in 2006, sits on a 0.51 acre lot. Features: 18 bedrooms, 18 bathrooms. It has been listed on Rocket Homes since January 11, 2024 and is currently priced at $4,800,000.
In March 2024 more than 10 listings in New Rochelle, NY were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 19 were sold below. The number of homes for sale in New Rochelle, NY increased by 13.5% between February 2024 and March 2024. The median list price of listings available in March 2024 was $724,800, while the average time on the real estate market was 53 days.
From Rocket Homes Real Estate and based on county public records data.