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111 Ridge Road
About This Property
Oversized windows throughout the home fill the interiors with sunlight, creating bright and inviting living spaces. The main level features an expansive living room and a generous dining room, perfect for both everyday living and entertaining. At the heart of the home is a large eat-in chef's kitchen that flows seamlessly into the impressive family room, where vaulted ceilings, skylights, and a wood-burning fireplace create a warm and dramatic gathering space. Just beyond the kitchen and family room, a large entertaining deck offers the perfect setting for outdoor dining, relaxing, and hosting guests.
The first floor also offers exceptional convenience with a powder room, laundry room, and a bedroom with an en-suite full bath-ideal for guests, extended family, or a home office.
Upstairs, the spacious primary suite provides a peaceful retreat with vaulted ceilings, ample closet space, a bathroom with double sinks, and a private balcony-perfect for enjoying your morning coffee. Three additional bedrooms and a full hall bath complete the second level.
Additional highlights include a two-car garage, a location just minutes from town, shops, restaurants, and transportation, and access to Greenburgh Town recreation amenities. A wonderful opportunity to enjoy space, light, and convenience in one of Westchester's most desirable communities.
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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 |
|---|---|---|---|
| May 4, 2026 | Sold | ||
| Sold | |||
| Mar 26, 2026 | In contract | - | |
| In contract | |||
| Mar 10, 2026 | Listed by Compass Greater NY, LLC | $1,150,000 | |
| Listed by Compass Greater NY, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017