74 Ring Road
About This Property
The centerpiece of this home is a floor-to-ceiling brick fireplace. Gather by the fire under the cathedral ceiling, with a wall of windows looking out to the koi pond and gardens. The living room opens to the dining area, with a slider to the outdoor entertaining space: a pergola-covered deck with built-in bench seating and a paver patio with a grilling area.
The custom-built water gardens, a featured stop on Hyde Park's Visual Environmental Committee's biennial garden tour, make the property a private retreat. Multi-tiered waterfalls flow into a stocked koi pond set among large natural boulders. Plantings around the pond include water lilies, elephant ears, and cannas, with Japanese forest grass and perennials in the surrounding mulched beds. Gather around the fire pit, or nap in the hammock strung beneath a canopy of mature hardwoods.
Inside, the large eat-in kitchen takes in the seasons under angled skylights and a full wall of windows. It has plenty of storage, an appliance garage, and stainless steel appliances, including a smooth-top range and French-door refrigerator. Off the kitchen, the mudroom has floor-to-ceiling pantry cabinets, space for a second refrigerator, and a washer and dryer.
Two spacious bedrooms are on the first floor. Upstairs, the primary suite has a cathedral ceiling, a Palladian window, and a second wall of tall windows overlooking the woods. It also includes a wall of closets and a private bath.
A clean, unfinished basement with high ceilings spans the FULL footprint of the house and offers square footage to finish or use as a gym. A two-car garage with an attic adds storage and parking.
The unfinished gem of this property is a 1,000 sq ft building with ADU and multifamily approval from the town, which is rare in Pleasant Valley. It is built into the hillside for privacy from the main house, and its Spancrete construction allows for a completely open floor plan. Finish it for long- or short-term rental income, or use it as an in-law suite, private studio, or home business with town approval. Plans and quotes are available upon request.
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 22, 2026 | Listed by The Machree Group, LLC | $569,000 | |
| Listed by The Machree Group, LLC | |||
| Feb 11, 2020 | Sold | ||
| Sold | |||
| Oct 23, 2019 | Listed | $379,900 | |
| Listed | |||
| | |||
|
This extraordinary pristine home has walls of windows that bring the outdoors in making you feel relaxed and at one with nature. The spacious open floor plan allows everyone to comfortably gather together to eat, have some laughs, celebrate special moments, and perhaps enjoy an evening of storytelling in front of the fire. You will love private outdoor entertaining on the beautiful deck and stone patio. Sip your favorite drink in front of the firepit, read a good book alongside the water garden with waterfall that will melt your tension away, or perhaps just sit and savor the peace and quiet. And for the gardener in you, there is a greenhouse and well established perennial gardens that surround this home. If beautiful country roads dotted with horse farms and historic properties is where you want to be, do not miss seeing this one. It is quite simply a wonderful place to call home.
| |||
| Sep 15, 2016 | Sold | ||
| Sold | |||
| May 5, 2016 | Listed by The Machree Group, LLC | $335,000 | |
| Listed by The Machree Group, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017