31 CHELSEA ROAD
About This Property
Nestled on a quiet cul-de-sac in the sought-after Carriage Park community, this expanded Stratford model offers over 3,000 sq. ft. of beautifully updated living space and a rare combination of features, including a 3-Car Garage, a main level In-Law suite with private entry, and a Huge backyard perfect for entertaining or play.
Step through the double front entry doors into a bright, spacious layout. A versatile front Living Room with private doors makes an ideal home office or formal gathering space, while the Dining Room is ready for holiday hosting. The Kitchen shines with NEW refaced cabinetry, a double pantry, breakfast area and plenty of storage. Just beyond, the expanded Laundry/mudroom, Half bath, and the in-law suite wing create functionality and flexibility for today's lifestyle. With a generously sized bedroom, walk-in closet, and a dedicated full bath with a low-entry walk-in shower-a perfect setup for guests or multigenerational living.
Upstairs, discover 4 additional Bedrooms and 2 Full Baths. The Primary Suite is a true retreat with its sitting area, walk-in closet, and a newly renovated spa-like Bath featuring a soaking tub, glass-enclosed shower, skylight, and elegant finishes.
Major updates add peace of mind, including a brand-new roof, luxury vinyl plank flooring and carpeting, HVAC system (2022), and hot water heater (2023). Outside, enjoy the stone patio, oversized fenced yard (extends 10 ft beyond the fence line), plus two attics and a shed (as-is) for all your storage needs.
Carriage Park is known for its desirable location, just a block from Buttonwood Park, and this street is even scheduled for repaving soon! To top it off, the home includes a 1-year HSA Home Warranty for added peace of mind. This turn-key property is a rare find-don't miss the chance to make it yours!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 7, 2025 | Sold | ||
| Sold | |||
| Oct 9, 2025 | In contract | - | |
| In contract | |||
| Sep 30, 2025 | Listed by BHHS Fox & Roach-Moorestown | $619,900 | |
| Listed by BHHS Fox & Roach-Moorestown | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017