by RH Advisors
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Putnam
21 Aras Ridge
$2,500,000
● House - Off Market

21 Aras Ridge

Philipstown, NY 10524
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
5,911 Ft²
$4,138,847
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Spectacular Frank Dushin modern masterpiece enveloped by stunning natural beauty on 25 private acres. Breathtaking mountain and Hudson River views with 3 levels of dynamic design w/exquisite custom details, fabulous panoramic windows and skylights, curved interior walls, hardwood & Mexican terracotta floors, redwood exterior house siding. Many expansive terraces, dramatic living room with fireplace and glass cornered windows, greenhouse kitchen, separate wing with full apartment, pool and pool house.

One of the areas most exciting offerings, only 55 miles from Manhattan! Additional Information:  Amenities:Guest Quarters,Storage,HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
Unit Size
5,911 Ft²
Days on Market
-
Land Size
25.37 acres
Price per sqft
$505
Property Type
House
Property Taxes
$2,237
HOA Dues
-
Year Built
1978

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 4 months ago (OneKey MLS #KEYH5117059)

Price History

Date / Event Date Event Price
Oct 22, 2020 Sold
Premium
Sold
Jul 15, 2020 Sold
Premium
Sold
Nov 5, 2019 Listed by Houlihan Lawrence Inc. $2,985,000
Listed by Houlihan Lawrence Inc.

Property Highlights

Garage
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 8
  • Location Influence Type: 22

    Dimensions

  • Lot Size Square Feet: 1,105,117
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 5,911
  • Building Area: 5,911
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 5,911
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000025370
  • Standard Land Use Code: 1008
  • County Land Use Code: 240
  • Legal Description 1: LAND & RESIDENCE

Neighborhood

  • School District Name: Garrison Union Free School District
  • School Tax School District: GARRISON
  • Census Tract: 010600

Zoning

  • Zoning: R40

Geography

  • District: 372689
  • Section: 49.00
  • Parcel: 372689 49.-4-44
  • Block: 4
  • Lot: 44.000
  • Municipality: PHILIPSTOWN (TOV)
  • Latitude: 41.4204
  • Longitude: -73.9096

    Address

  • Full Address: 21 Aras Rdg
  • Address - House Number: 21
  • Address - Street Name: Aras
  • Address - Suffix Type: Rdg
  • State: NY
  • City Name: Garrison
  • Carrier Code: R002
  • 4-Digit Zip Code: 4301
  • Zip Code: 10524

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,902,675
  • Initial Tax Delinquent Year: 2024
  • Tax Rate Code Area: 372604

    Appraisal Valuation

  • Standard Deviation: 0.4581
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 8
  • Final Value: 709,716
  • High Value: 1,034,885
  • Low Value: 384,546

    Market Valuation

  • Market Total Value: $2,143,384
  • Market Land Value: $766,042
  • Market Improvement Value: $1,377,342

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $754,900
  • Assessed Land Value: $269,800
  • Assessed Improvements Value: $485,100

    Sales

  • Current Sale Contract Date: Jul 15, 2020
  • Current Sale Recording Date: Oct 22, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 8800-2020
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Putnam

Stats & Trends

Median Asking:

$579,000

Sale Price/ft²

$317

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2444 ft²

Average Home Age

57.5 years

Currently For Sale

276 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 392 Main Street, Cold Spring, NY, 10516

$3,350 /mo

  • 2 Beds
  • 1 Bath
  • 906 ft²
392 Main Street, Cold Spring, NY, 10516 Listing by Thalassa Glasson
Unit for rent at 376 Lane Gate Road, Cold Spring, NY, 10516

$6,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,616 ft²
376 Lane Gate Road, Cold Spring, NY, 10516 Listing by Nora Preusser

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 21 Aras Ridge built and last sold?
The property at 21 Aras Ridge was built in 1978 and last sold on Jul 15, 2020 for $2,500,000.
How much is this home worth?
The estimated value of the home located at 21 Aras Ridge is $2,981,287.
What are some comparable homes to 21 Aras Ridge?
There are currently no comparable homes to 21 Aras Ridge.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Philipstown Homes for Sale
Philipstown Houses for Sale
Philipstown Condos for Sale
Philipstown Multifamily for Sale
Philipstown Land for Sale
Philipstown Commercial for Sale
Philipstown Homes with Basements
Philipstown Homes with Pools
Nearby Cities
New City Homes for Sale
Beacon Homes for Sale
Newburgh Homes for Sale
Peekskill Homes for Sale
Ossining Homes for Sale
Woodbury Homes for Sale
Jefferson Valley-Yorktown Homes for Sale
Stony Point Homes for Sale
Nearby Property Records
Putnam County, NY Property Records
Rockland County, NY Property Records
Orange County, NY Property Records
Westchester County, NY Property Records
Dutchess County, NY Property Records
Fairfield County, CT Property Records
Passaic County, NJ Property Records
Bergen County, NJ Property Records
Nearby Counties
Fishkill Homes for Sale
Poughkeepsie Homes for Sale
East Fishkill Homes for Sale
Newburgh Homes for Sale
Wappinger Homes for Sale
Carmel Homes for Sale
Cortlandt Homes for Sale
Haverstraw Homes for Sale
Top Real Estate Agents
Top Agents in Philipstown
Top Agents in 12603
Top Agents in Fishkill
Top Agents in Poughkeepsie
Top Agents in 12550
Top Agents in 12590
Top Agents in East Fishkill
Top Agents in 12533