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Ridge 11961 Ridge
1 Marginwood Drive
Photo of 1 Marginwood Drive
Sold on Oct 10, 2025

26

Map

Photo of 1 Marginwood Drive
Photo of 1 Marginwood Drive
$520,000
● House - Off Market

1 Marginwood Drive

Brookhaven, NY 11961
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$3,751
Est. Monthly
5.32%
Cap Rate

About This Property

3 Bedroom 2 bath Ranch on a 1 acre flat Lot, Large EIK w. electric cooktop/double ovens, tiled floors, Oak cabinets, Great mother/daughter finished basement w bath and outside entrance, storage and living area, Andersen windows,Newer roof,CAC as-is,  shed with electric...needs some updating, Great location.
Unit Size
2,000 Ft²
Days on Market
154 days
Land Size
1.00 acres
Price per sqft
$275
Property Type
House
Property Taxes
$1,055
HOA Dues
-
Year Built
1977

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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: 12 months ago (OneKey MLS #KEY860030)

Price History

Date / Event Date Event Price
Oct 10, 2025 Sold
Premium
Sold
Sep 5, 2025 In contract -
In contract
Aug 16, 2025 Price Decreased $549,000
↓ $30K (5.2%)
Price Decreased
Jul 3, 2025 Price Decreased $579,000
↓ $20K (3.3%)
Price Decreased
May 30, 2025 Price Decreased $599,000
↓ $20K (3.2%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,075
  • Total Building Area: 1,257
  • Building Area: 1,257
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,257
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGE ESTATES
  • Land Acres: 0000000920
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: RIDGE ESTATES 6630 6

Neighborhood

  • School District Name: Longwood Central School District
  • School Tax School District: LONGWOOD
  • Census Tract: 158710

Geography

  • Assessors Map Reference: MAP 2006630
  • Account Number: 00002032246
  • District: 0200-2
  • Section: 297.00
  • Parcel: 0200-297.00-01.00-009.007
  • Block: 1
  • Lot: 9.007
  • Municipality: BROOKHAVEN
  • Latitude: 40.8999
  • Longitude: -72.8524

    Address

  • Full Address: 1 Marginwood Dr
  • Address - House Number: 1
  • Address - Street Name: Marginwood
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Ridge
  • Carrier Code: R008
  • 4-Digit Zip Code: 2937
  • Zip Code: 11961

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472212

    Appraisal Valuation

  • Standard Deviation: 0.2692
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 602,211
  • High Value: 764,334
  • Low Value: 440,088

    Market Valuation

  • Market Total Value: $5,741
  • Market Land Value: $648
  • Market Improvement Value: $5,093

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,100
  • Assessed Land Value: $350
  • Assessed Improvements Value: $2,750

    Exemptions

  • Homeowner Exemption: Yes
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 Ridge

Stats & Trends

Median Asking:

$489,999

Sale Price/ft²

$366

Below Asking

0.01%

Average Days on Market

81

Average Home Size

1469 ft²

Average Home Age

45.8 years

Currently For Sale

43 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

Rentals Near You

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OneKey

Last Updated: 12 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1 Marginwood Drive built and last sold?
The property at 1 Marginwood Drive was built in 1977 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1 Marginwood Drive is $0.
What are some comparable homes to 1 Marginwood Drive?
There are currently no comparable homes to 1 Marginwood Drive.
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