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21 Hemlock Road
About This Property
The first floor of this 1924 home features a living room with gracious built ins, a wood burning fireplace, and both south and west exposures. The expansive sun room boasts cathedral ceilings and direct access to a private patio, overlooking a professionally landscaped garden and fenced in yard. The kitchen, a true highlight, features French doors opening to a spacious deck-ideal for indoor-outdoor living. The first floor is finished off with a 1/2 bath, a dining room that easily seats 8, and a proper entry foyer with coat closet and the most charming Dutch door.
On the second level there are four bedrooms. The primary has an en-suite bath and two closets. Two equal size bedrooms on the west wing are bright and sunny, and the fourth bedroom has been ingeniously converted to a walk in closet for the primary. Both the en suite and hallway baths are clean and fresh with white subway tile.
The third floor is a great flex space and has air conditioning, gorgeous bathroom with deep soaking tub, storage and dreamy window seats that make you want to curl up with a book in the sunshine.
The lower level adds approximately 800 square feet of flexible space, with a European-style full bath and sauna, plus room for a gym or playroom. Enjoy the convenience of a one-car detached garage.
Recent upgrades include:
Boiler, Hot water heater, new side deck -2022
New oil tank, Driveway, front steps, all walkways, drain upgrades-2023
Paint interior and exterior, 200 amp upgrade, 3rd floor all new windows, new banister-2025
Move right in and enjoy living in one of the most beautiful neighborhoods in Bronxville Village
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017