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Ridge 11961 Ridge
125 Gull Dip Road
$575,000
● House - Off Market

125 Gull Dip Road

Brookhaven, NY 11961
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$4,048
Est. Monthly

About This Property

Welcome to 125 Gull Dip Road! An amazing opportunity to own this unique expanded cape situated on approximately 1.5 acres. This property has been recently renovated & features 3 bedrooms, 2 full baths, a formal dining area, and a living area like you have never seen before! Updates include new 200AMP service, new boiler, roof, and so much more! Full basement for storage or finish it off! Basement has a walk out. Come right in and experience true craftsmanship! Enjoy your very own private master suite with vaulted ceilings, a spacious bathroom with stand up shower, tub, and double sink vanity! A backyard were you can create your own peaceful oasis and get away from all the noise. This property features luxury, privacy, and peace all at once. All you have to do is move in!
Unit Size
2,000 Ft²
Days on Market
-
Land Size
1.48 acres
Price per sqft
$288
Property Type
House
Property Taxes
$1,224
HOA Dues
-
Year Built
1941

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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 #KEYL3547074)

Price History

Date / Event Date Event Price
Aug 21, 2024 Sold
Premium
Sold
Jun 19, 2024 In contract -
In contract
Apr 25, 2024 Listed by Keller Williams Realty Elite $575,000
Listed by Keller Williams Realty Elite
May 19, 2022 Sold
Premium
Sold
Mar 31, 2022 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • 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: 64,469
  • Total Building Area: 1,984
  • Building Area: 1,984
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,984
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGE
  • Land Acres: 0000001480
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N NOGHREY T10103 E AIELLO J S GULL DIP W HISCOCK

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 8700000
  • Account Number: 00008730775
  • District: 0200-2
  • Section: 295.00
  • Parcel: 0200-295.00-03.00-014.000
  • Block: 3
  • Lot: 14.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.9005
  • Longitude: -72.8602

    Address

  • Full Address: 125 Gull Dip Rd
  • Address - House Number: 125
  • Address - Street Name: Gull Dip
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Ridge
  • Carrier Code: R008
  • 4-Digit Zip Code: 2986
  • Zip Code: 11961

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 612,721
  • High Value: 754,544
  • Low Value: 470,897

    Market Valuation

  • Market Total Value: $6,158
  • Market Land Value: $389
  • Market Improvement Value: $5,769

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,325
  • Assessed Land Value: $210
  • Assessed Improvements Value: $3,115

    Sales

  • Current Sale Contract Date: Mar 31, 2022
  • Current Sale Recording Date: May 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 08, 2021
  • Previous Sale Contract Date: Mar 05, 2021
  • Previous Sale Amount: $255,000
  • Previous 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

84

Average Home Size

1485 ft²

Average Home Age

47.4 years

Currently For Sale

49 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 10 Vega Drive, Shoreham, NY, 11786

$4,700 /mo

  • 4 Beds
  • 2 Baths
  • 2,314 ft²
10 Vega Drive, Shoreham, NY, 11786 Listing by Jennifer Nyx SRES

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 125 Gull Dip Road built and last sold?
The property at 125 Gull Dip Road was built in 1941 and last sold on Mar 31, 2022 for $545,000.
How much is this home worth?
The estimated value of the home located at 125 Gull Dip Road is $591,240.
What are some comparable homes to 125 Gull Dip Road?
There are currently no comparable homes to 125 Gull Dip Road.
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