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Ridge 11961 Ridge
112 Panamoka Trail
$370,000
● House - Off Market

112 Panamoka Trail

Ridge, NY 11961
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$457,934
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

Don't Miss This Beautifully Updated Colonial Backed Up To Panamoka Pine Barrens State Forest.  This Large Home Features 4 Beds 2.5 Baths With An Updated Kitchen And Appliances.  Newer Roof And Siding, Central Air, Generator Hookup, Four Zone Sprinkler System And Much More.  Enjoy Plenty Of Summer Activities In This Quiet Lake Panamoka Community.  State Land Behind The Property Offers Almost 100 Acres Of Hiking And Wildlife Viewing.
Unit Size
-
Days on Market
72 days
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$698
HOA Dues
-
Year Built
1986

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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: 3 years ago (OneKey MLS #ONE3275459)

Price History

Date / Event Date Event Price
Apr 12, 2021 Sold
Premium
Sold
Feb 24, 2021 Sold
Premium
Sold
Dec 29, 2020 In contract -
In contract
Dec 14, 2020 Listed by Keller Williams Realty Greater $360,000
Listed by Keller Williams Realty Greater
Jul 19, 2001 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 1,768
  • Building Area: 1,768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,768
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE PANAMOKA
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LAKE PANAMOKA 1305 SEC 2 310

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 2001305
  • Account Number: 00002008470
  • District: 0200-2
  • Section: 217.00
  • Parcel: 0200-217.00-01.00-052.000
  • Block: 1
  • Lot: 52.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.9176
  • Longitude: -72.848

    Address

  • Full Address: 112 Panamoka Trl
  • Address - House Number: 112
  • Address - Street Name: Panamoka
  • Address - Suffix Type: Trl
  • State: NY
  • City Name: Ridge
  • Carrier Code: R001
  • 4-Digit Zip Code: 2268
  • Zip Code: 11961

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2457
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 65
  • Final Value: 565,870
  • High Value: 704,926
  • Low Value: 426,814

    Market Valuation

  • Market Total Value: $3,593
  • Market Land Value: $278
  • Market Improvement Value: $3,315

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,940
  • Assessed Land Value: $150
  • Assessed Improvements Value: $1,790

    Sales

  • Current Sale Contract Date: Feb 24, 2021
  • Current Sale Recording Date: Apr 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 19, 2001
  • Previous Sale Contract Date: Jul 03, 2001
  • Previous Sale Amount: $115,000
  • 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:

$499,000

Sale Price/ft²

$367

Below Asking

0.01%

Average Days on Market

86

Average Home Size

1501 ft²

Average Home Age

46.1 years

Currently For Sale

56 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: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 112 Panamoka Trail built and last sold?
The property at 112 Panamoka Trail was built in 1986 and last sold on Feb 24, 2021 for $370,000.
How much is this home worth?
The estimated value of the home located at 112 Panamoka Trail is $378,952.
What are some comparable homes to 112 Panamoka Trail?
There are currently no comparable homes to 112 Panamoka Trail.
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