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15 Hemlock Road
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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 |
|---|---|---|---|
| Sep 17, 2026 | Listed by Compass Greater NY, LLC | $4,450,000 | |
| Listed by Compass Greater NY, LLC | |||
| Jul 14, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 16, 2026 | Listed by Compass Greater NY, LLC | $4,950,000 | |
| Listed by Compass Greater NY, LLC | |||
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Masterton Woods is one of Bronxville Village’s most picturesque and highly coveted neighborhoods. Perched at the top of Hemlock Road with charming views of the Village and school, 15 Hemlock Road is an airy Manor home filled with natural light, character, and timeless appeal. Originally built as one of the residences of Alexander Masterton, this exceptional property showcases a beautiful blend of stone, brick, and classic half-timbering. Multiple verandas and terraces seamlessly connect indoor and outdoor living, offering peaceful spaces to relax and entertain. A breathtaking front entrance hall welcomes you with a dramatic double-height ceiling and grand staircase. The main level features impressive 12.5-foot ceilings and beautifully proportioned entertaining rooms, including a gracious living room and formal dining room, both with wood-burning fireplaces. The enclosed sunroom is perfect for morning coffee or casual gatherings and opens to a stunning veranda overlooking the scenic street and grounds. An elegant, light-filled private library with floor-to-ceiling built-ins and a fireplace serves as an ideal home office or quiet reading retreat. A well-appointed chef’s kitchen with a dining area, and a powder room complete the first floor. Upstairs, six bedrooms offer high ceilings, classic details, and abundant charm, with several featuring working fireplaces. The finished lower level provides additional living space with a recreation room, wine room, and direct access to a two-car garage. Set on .66 acres of beautifully secluded grounds, the property features an expansive private backyard—an exceptional offering in Bronxville—providing ample space for outdoor living, recreation, or future enhancements. Located in the heart of Bronxville, this remarkable home is just moments from the highly regarded Bronxville School, the train station, and the Village center. A rare opportunity to own one of Bronxville’s most distinctive and elegant homes.
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| Aug 2, 2016 | Sold | ||
| Sold | |||
| May 5, 2016 | Listed by Compass Greater NY, LLC | $4,350,000 | |
| Listed by Compass Greater NY, LLC | |||
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About Bronxville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017