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Putnam 10541
7 Richard Road
Photo of 7 Richard Road
Sold on Feb 25, 2026

29

Map

Photo of 7 Richard Road
Photo of 7 Richard Road
$649,900
● House - Off Market

7 Richard Road

Carmel, NY 10541
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,998 Ft²
$4,446
Est. Monthly

About This Property

Welcome to this beautifully updated and well-maintained home situated on a serene lot. This move-in-ready home offers a perfect blend of style and functionality, featuring sun-filled living and dining areas with elegant wood-look flooring that create a warm and inviting flow throughout the main level. The upgraded eat in kitchen features sliding doors opening to an oversized trek deck overlooking a peaceful, park-like backyard -ideal for entertaining and everyday enjoyment. The upper level boasts a generous primary suite with a walk-in closet and renovated full bath and sliders out to the oversized deck, along with two additional bedrooms and an upgraded hall bath. The bright and spacious living areas flow seamlessly throughout the first floor, while the finished lower level provides versatile space for a home office, gym, recreation room or media room. Above all this home is conveniently located and close to parkways, golf course, town shopping, restaurants, schools, major shopping, parks, walking trails and just a few minutes to the train station.
Unit Size
1,998 Ft²
Days on Market
97 days
Land Size
0.97 acres
Price per sqft
$325
Property Type
House
Property Taxes
$1,254
HOA Dues
-
Year Built
1994

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Cap Rate Calculator

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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: 9 months ago (OneKey MLS #KEY928876)

Price History

Date / Event Date Event Price
Feb 25, 2026 Sold
Premium
Sold
Jan 13, 2026 In contract -
In contract
Nov 20, 2025 Listed by William Raveis Real Estate $649,900
Listed by William Raveis Real Estate
Jan 27, 2010 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 660
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,253
  • Total Building Area: 1,956
  • Building Area: 1,956
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,956
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF SHELL VALLEY ESTATES SECTION 4
  • Land Acres: 0000000970
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Mahopac Central School District
  • School Tax School District: MAHOPAC
  • Census Tract: 011600

Zoning

  • Zoning: R

Geography

  • Account Number: 267303
  • District: 372000
  • Section: 65.15
  • Parcel: 372000 65.15-2-54
  • Block: 2
  • Lot: 54.000
  • Municipality: CARMEL
  • Latitude: 41.3839
  • Longitude: -73.7033

    Address

  • Full Address: 7 Richard Rd
  • Address - House Number: 7
  • Address - Street Name: Richard
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Mahopac
  • Carrier Code: R014
  • 4-Digit Zip Code: 1801
  • Zip Code: 10541

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $1,238,202
  • Tax Rate Code Area: 372001

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 564,785
  • High Value: 663,374
  • Low Value: 466,197

    Market Valuation

  • Market Total Value: $494,400
  • Market Land Value: $102,000
  • Market Improvement Value: $392,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $494,400
  • Assessed Land Value: $102,000
  • Assessed Improvements Value: $392,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 07, 2010
  • Current Sale Recording Date: Jan 27, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 27, 2010
  • Previous Sale Contract Date: Jan 07, 2010
  • Previous Sale Amount: $415,000
  • Previous Sale Document Type: 12
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:

$589,900

Sale Price/ft²

$316

Below Asking

0.01%

Average Days on Market

88

Average Home Size

2359 ft²

Average Home Age

59.7 years

Currently For Sale

258 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 154 Cherry Hill Road, Mahopac, NY, 10512

$8,500 /mo

  • 6 Beds
  • 2 Baths
  • 3,000 ft²
154 Cherry Hill Road, Mahopac, NY, 10512 Listing by Margaret Harrington
Unit for rent at 30 Garden Road, Mahopac, NY, 10541

$3,000 /mo

  • 3 Beds
  • 1 Bath
  • 2,464 ft²
30 Garden Road, Mahopac, NY, 10541 Listing by Faustina S. Boateng III
Unit for rent at 520 Croton Falls Road, Carmel, NY, 10512

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 2,100 ft²
520 Croton Falls Road, Carmel, NY, 10512 Listing by Jo Ann Coogan

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 9 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 7 Richard Road built and last sold?
The property at 7 Richard Road was built in 1994 and last sold on Jan 7, 2010 for $415,000.
How much is this home worth?
The estimated value of the home located at 7 Richard Road is $655,239.
What are some comparable homes to 7 Richard Road?
There are currently no comparable homes to 7 Richard Road.
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