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243 Dingle Ridge Road
About This Property
Set on nearly an acre in scenic Southeast, NY, this 3-bedroom, 3.5-bath colonial offers 2,880 sq ft of thoughtfully designed living space with open views overlooking a neighboring horse farm. Here, you get the best of both worlds-low Putnam County taxes and highly regarded North Salem schools.
The main level features gleaming hardwood floors and sunlit living and dining spaces, ideal for everyday living and easy entertaining. The Eat-In kitchen boasts stainless steel appliances and ample cabinet space for the home chef.
Upstairs, the spacious primary suite includes a private bath, while two additional bedrooms share a full hall bath. The finished, walk-out lower level includes a full bath and offers flexible space for guests, a home office, gym, or playroom.
A standout feature is the detached 4-car garage with a large upper level, perfect for storage, a workshop, or future expansion. The home is also equipped with a whole-house generator, providing peace of mind year-round.
Enjoy the serenity of upstate living with convenient access to highways, shopping, and Metro-North. Whether you're commuting or working from home, 243 Dingle Ridge Road offers the perfect blend of privacy, flexibility, and convenience.
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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 |
|---|---|---|---|
| Oct 22, 2025 | Sold | ||
| Sold | |||
| Aug 21, 2025 | In contract | - | |
| In contract | |||
| Jul 17, 2025 | Listed by Houlihan Lawrence Inc. | $825,000 | |
| Listed by Houlihan Lawrence Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017