40 High Ridge Road
About This Property
The sun-drenched open-plan main floor redefines flexibility, starting with a chef's kitchen, formerly owned by cookbook author & Vogue food columnist Barbara Kafka. There's a seamless flow between kitchen, dining room with sliding glass doors to the deck, and great room with wood burning fireplace and modernist marble mantel. A main floor primary suite with spa bath, wrapped in glass with ravishing Hudson River views. A sundrenched second bedroom now being used as an office with double-exposure glass walls completes this floor.
There are infinite options for leisure and entertainment on the natural-light-filled first floor. An oversized indoor sandstone pool with a wall of glass overlooks the Hudson and enables owners to live the tropical spa life in every season. An adjacent lounge area is the perfect spot for a post-swim gathering. The great room/media room, gleaming with polished terrazzo-style concrete floors, has a woodburning fireplace with custom maple mantel, a spacious guest suite with spa bath and boutique-hotel caliber sauna. An additional bedroom, stylish full bath and office/artist studio/gym flex space complete this level.
Even the location is a luxury: minutes to Metro-North, Bear Mt Bridge to Palisades Parkway and 50-minute drive to Manhattan. No shortage of excellent art options & culinary delights between nearby DIA Beacon and Storm King sculpture park, and the recently restored 18th century ever-beloved Bird & Bottle Inn and restaurant. Additional Information: HeatingFuel:Oil Above Ground,
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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%.
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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.
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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 |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Feb 26, 2025 | In contract | - | |
| In contract | |||
| Nov 23, 2024 | No longer available | - | |
| No longer available | |||
| Oct 19, 2024 | Price Decreased |
$3,995,000
↓ $300K
(7%) | |
| Price Decreased | |||
| Aug 28, 2024 | Relisted | $4,295,000 | |
| Relisted | |||
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About Putnam
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017