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Ridge 11961 Ridge
108 Lakeside Trail
$550,000
● House - Off Market

108 Lakeside Trail

Brookhaven, NY 11961
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,638 Ft²
$3,416
Est. Monthly
7.49%
Cap Rate

About This Property

Beautiful cape with front porch in Lake Panamoka. Waterfall in backyard to enjoy in the summer. Inground sprinklers. Outside entrance in basement. Lake access across the street with a yearly membership to exclusive lake access, swimming, boating, fishing and more. Great community. Conveniently located near shopping, Tanger Outlets and East End Vineyards.
Unit Size
1,638 Ft²
Days on Market
72 days
Land Size
0.17 acres
Price per sqft
$311
Property Type
House
Property Taxes
$911
HOA Dues
-
Year Built
2004

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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: 5 months ago (OneKey MLS #KEY810003)

Price History

Date / Event Date Event Price
Mar 26, 2025 Sold
Premium
Sold
Feb 1, 2025 In contract -
In contract
Jan 7, 2025 Listed by Howard Hanna Coach $509,995
Listed by Howard Hanna Coach
Oct 20, 2004 Sold
Premium
Sold
Jul 28, 2003 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • 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: 7,405
  • Total Building Area: 1,638
  • Building Area: 1,638
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,638
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE PANAMOKA
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LAKE PANAMOKA 1306 SEC 3 748

Neighborhood

  • School District Name: Longwood Central School District
  • School Tax School District: LONGWOOD
  • Census Tract: 158412

Geography

  • Assessors Map Reference: MAP 2001306
  • Account Number: 00002012330
  • District: 0200-1
  • Section: 194.00
  • Parcel: 0200-194.00-03.00-001.000
  • Block: 3
  • Lot: 1.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.9196
  • Longitude: -72.8496

    Address

  • Full Address: 108 Lakeside Trl
  • Address - House Number: 108
  • Address - Street Name: Lakeside
  • Address - Suffix Type: Trl
  • State: NY
  • City Name: Ridge
  • Carrier Code: R001
  • 4-Digit Zip Code: 2245
  • 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: 624,736
  • High Value: 792,923
  • Low Value: 456,549

    Market Valuation

  • Market Total Value: $4,351
  • Market Land Value: $370
  • Market Improvement Value: $3,981

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,350
  • Assessed Land Value: $200
  • Assessed Improvements Value: $2,150

    Sales

  • Current Sale Contract Date: Oct 08, 2004
  • Current Sale Recording Date: Oct 20, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 28, 2003
  • Previous Sale Contract Date: Jun 11, 2003
  • Previous Sale Amount: $79,000
  • 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 Ridge

Stats & Trends

Median Asking:

$489,999

Sale Price/ft²

$365

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

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 108 Lakeside Trail built and last sold?
The property at 108 Lakeside Trail was built in 2004 and last sold on Oct 8, 2004 for $320,000.
How much is this home worth?
The estimated value of the home located at 108 Lakeside Trail is $0.
What are some comparable homes to 108 Lakeside Trail?
There are currently no comparable homes to 108 Lakeside Trail.
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