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10 Sally Lane Ridge, NY $ 950,000
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10 Sally Lane
$ 950,000
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10 Sally Lane

Ridge, NY, 11961
$ 950,000
Bedrooms6 Baths3.0 Sq 2,970

Monthly Estimate*

$ 5,927

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Multi-Family Home for sale in Ridge, NY

for $950,000 with 6 bedrooms and 3 full baths. This 2,970 square foot home was built in 1960 on a lot size of 0.75.

Excellent Investment Opportunity. Legal (by CO) three family house with great income. Well maintained and updated with all newer kitchens and baths, newer roof and oil burners. Tenants pay for their own electric and heat, owner pays for taxes, water and insurance (low maintenance expenses). Currently fully Tenanted; Apt. 1 pays $2650/mo. Apt. 2 & 3 each pay $2350/mo. NOI close to $70,000 per year. (pro-forma is attached). House is located in a quiet residential area, on a large .75 acre semi-wooded lot, private off street parking in the rear and close to major highways and LIRR. A rare find in Suffolk county, centrally located (near two major highways) don't miss this opportunity for generating passive income.

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Multi-Family Active

Price

$ 950,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 13,915

Style

Exp Cape

Lot Size

0.75

Year Built

1960

Town/City

Ridge

County/Region

Suffolk

MLS | Web ID

810219
Features
Interior
Interior Amenities First Floor Bedroom First Floor Full Bath Eat-in Kitchen
Basement Bilco Door(s) Partial Unfinished
Flooring Laminate
Basement Features Bilco Door(s) Partial Unfinished
Basement (Y/N) Y
Fireplace Y/N N
Total Bedrooms 6
Total Baths 3
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General
Sewer Cesspool
Heating Oil
Cooling None
Utilities See Remarks
Architectural Style Exp Cape
Year Built 1960
Property Subtype Triplex
Tax Year 2024
Gross Income 88200
County Suffolk County
Operating Expense 17849
Insurance Expense 3600
Property Type Residential Income
Facing Direction North
Garage Y/N N
Full Baths 3
Directions William Floyd Pkwy to Middle Country Rd to Sally Lane (South)
High School Longwood High School
City Brookhaven
Senior Community Y/N N
High School District Longwood
Number Of Units Total 3
Carport Y/N N
Elementary School Ridge Elementary School
Property Attached Y/N N
Tax Annual Amount 13915
Showing Instructions Call Listing Agent Carmine Capobianco at 631-838-8842
Middle/Junior High School Longwood Junior High School
Property Condition Updated/Remodeled
Water Sewer Expense 350
Additional Parcels Y/N N
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Longwood
Elementary School District Longwood
Cap Rate 7
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Exterior
Parking Features Driveway Off Street Private Driveway Off Street Private
Water Source Public
Total Parking 6
Parking Spaces 6
Foundation Details Pillar/Post/Pier
Building Area Total 2970
Waterfront Y/N N
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Internal Only
Street Number 1 10
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* Excluded Features
List By
Carmine Capobianco

Listing Agent

Coldwell Banker American Homes

Broker

631-588-9090

Contact

Affordability Calculator

$7,086
Per Month
84%
16%
0%
Monthly Principal & Interest
$5,927
Monthly Property Taxes
$1,160
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4100970 Elementary School
4098813 Middle School
Longwood High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/6/2025$950,000 Listed Price

Map

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10 Sally Lane, Ridge, NY, 11961 is a Multi-Family Home for sale at $950,000 with 2,970 sqft and a lot size of 0.75. 10 Sally Lane has 6 bedrooms, 3.0 baths, and was built in 1960. The property's zip code is 11961 which is in Ridge, NY

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