31 HEMLOCK DRIVE
About This Property
Welcome to this charming 3-bedroom duplex offering a functional layout, flexible living spaces, and added privacy. The gorgeous eat-in kitchen features a large pantry and a door leading to the deck, creating a great space for outdoor dining, entertaining, or relaxing. Hardwood floors flow throughout most of the main level, which also includes a convenient half bath.
Upstairs, you'll find three bedrooms and a full bathroom, providing comfortable space for family and guests. The inviting main bedroom serves as a true retreat, boasting airy cathedral ceilings and a large walk-in closet. The finished lower level offers excellent versatility with a large room ideal for a second family room, recreation area, or media space, along with an additional room perfect for a home office, hobby room, or workout area. The lower level also includes a laundry nook, abundant closet storage, and access to the backyard.
Outside, enjoy the privacy-fenced rear yard with space to entertain, garden, or unwind. This well-maintained duplex combines comfort, functionality, and privacy in a desirable townhome setting. Mortgage savings may be available for buyers of this listing.
Everything is working properly. Seller is open to providing a one year American Home Shield Home Warranty for peace of mind.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 4, 2026 | Sold | ||
| Sold | |||
| Aug 6, 2026 | In contract | - | |
| In contract | |||
| Jul 10, 2026 | Relisted | $259,900 | |
| Relisted | |||
| Jun 20, 2026 | In contract | - | |
| In contract | |||
| Jun 12, 2026 | Relisted | $269,900 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017