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Ridge 11961 Ridge
110 Ridge Road
$575,000
● Land - Off Market

110 Ridge Road

Brookhaven, NY 11961
bedrooms
Studio
bathrooms
0 Bath
$635,471
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Great Investment! Beautiful 5 Acre Lot Surrounded by New York State Parkland. Prime Pine Barrens Property, Perfect for Horses or Large Home.  This Property Currently has a  3 Bedroom, 2 Bath Ranch with Living Room, Dining Room, Kitchen, and 2 Car Attached Garage with Circular Driveway. House is As Is Condition,  Waiting on CO for home. Frontage is 377 Feet, South Border is 529.75 Feet, West Border is 409 Feet, North Border is 515.03 Feet.
Unit Size
-
Days on Market
-
Land Size
5.09 acres
Price per sqft
-
Property Type
Land
Property Taxes
$946
HOA Dues
-
Year Built
1960

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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 #KEYL3344494)

Price History

Date / Event Date Event Price
Dec 1, 2022 Sold
Premium
Sold
Oct 7, 2022 In contract -
In contract
Aug 1, 2022 Relisted $599,000
Relisted
Feb 4, 2022 In contract -
In contract
Jan 11, 2022 Price Decreased $599,000
↓ $51K (7.9%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 5
  • 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: 25,700
  • Total Building Area: 1,372
  • Building Area: 1,372
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,372
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGE
  • Land Acres: 0000000590
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N CR 111 E RIDGE RD S DELAPARRA W DELAPARRA

Neighborhood

  • School District Name: Longwood Central School District
  • School Tax School District: LONGWOOD
  • Census Tract: 158409

Geography

  • Assessors Map Reference: MAP 8700000
  • Account Number: 00008732110
  • District: 0200-2
  • Section: 291.00
  • Parcel: 0200-291.00-03.00-009.000
  • Block: 3
  • Lot: 9.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.9071
  • Longitude: -72.9002

    Address

  • Full Address: 110 Ridge Rd
  • Address - House Number: 110
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Ridge
  • Carrier Code: R005
  • 4-Digit Zip Code: 1000
  • Zip Code: 11961

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2269
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 625,126
  • High Value: 767,000
  • Low Value: 483,251

    Market Valuation

  • Market Total Value: $4,454
  • Market Land Value: $185
  • Market Improvement Value: $4,269

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,405
  • Assessed Land Value: $100
  • Assessed Improvements Value: $2,305

    Sales

  • Current Sale Contract Date: Sep 01, 2022
  • Current Sale Recording Date: Dec 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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:

$499,000

Sale Price/ft²

$366

Below Asking

0.01%

Average Days on Market

82

Average Home Size

1481 ft²

Average Home Age

46.1 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

Unit for rent at 5 Independence Court, Ridge, NY, 11961

$2,700 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
5 Independence Court #5A, Ridge, NY, 11961 Listing by Sherri Cruz CBR
Unit for rent at 406 Woodbridge Drive, Ridge, NY, 11961

$2,275 /mo

  • 1 Bed
  • 1 Bath
  • 720 ft²
406 Woodbridge Drive #B, Ridge, NY, 11961 Listing by Marie P. Bilello

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 110 Ridge Road built and last sold?
The property at 110 Ridge Road was built in 1960 and last sold on Sep 1, 2022 for $575,000.
How much is this home worth?
The estimated value of the home located at 110 Ridge Road is $604,990.
What are some comparable homes to 110 Ridge Road?
There are currently no comparable homes to 110 Ridge Road.
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