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Ridge 11961 Ridge
14 Cherokee Trail
Photo of 14 Cherokee Trail
Sold on Jul 5, 2023

28

Map

Photo of 14 Cherokee Trail
Photo of 14 Cherokee Trail
$420,000
● House - Off Market

14 Cherokee Trail

Brookhaven, NY 11961
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$423,839
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Incredible opportunity! Magnificent Colonial in the highly desirable Panamoka private community. Perfectly flat lot with a custom paver driveway, beautiful vinyl siding and oversized one car attached garage.  Open floor plan with hardwood floors, custom molding, chefs kitchen with oak cabinets, recessed lighting, stainless steel appliances, gas stove and lots of cabinet and counter space. First floor full bath with enormous glass stand up shower and floor to ceiling tiles. Second floor has four spacious bedrooms, new flooring, hallway bath with tub and shower, walk out entertaining space above the garage. CAC,  full finished basement with outside entrance possible second kitchen and half bath.
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$967
HOA Dues
-
Year Built
1957

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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: 2 years ago (OneKey MLS #KEYL3466558)

Price History

Date / Event Date Event Price
Oct 11, 2023 Sold
Premium
Sold
Jul 5, 2023 Sold
Premium
Sold
Apr 20, 2023 In contract -
In contract
Mar 23, 2023 Listed by Coldwell Banker American Homes $424,999
Listed by Coldwell Banker American Homes

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 7,841
  • Total Building Area: 1,836
  • Building Area: 1,836
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,836
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE PANAMOKA
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LAKE PANAMOKA 1984 SEC 8 1083

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 2001984
  • Account Number: 00002018130
  • District: 0200-1
  • Section: 151.00
  • Parcel: 0200-151.00-02.00-043.000
  • Block: 2
  • Lot: 43.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.931
  • Longitude: -72.8506

    Address

  • Full Address: 14 Cherokee Trl
  • Address - House Number: 14
  • Address - Street Name: Cherokee
  • Address - Suffix Type: Trl
  • State: NY
  • City Name: Ridge
  • Carrier Code: R001
  • 4-Digit Zip Code: 1808
  • Zip Code: 11961

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 82
  • Final Value: 416,634
  • High Value: 477,354
  • Low Value: 355,914

    Market Valuation

  • Market Total Value: $4,908
  • Market Land Value: $278
  • Market Improvement Value: $4,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,650
  • Assessed Land Value: $150
  • Assessed Improvements Value: $2,500

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 05, 2023
  • Current Sale Recording Date: Oct 11, 2023
  • 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:

$489,999

Sale Price/ft²

$366

Below Asking

0.01%

Average Days on Market

81

Average Home Size

1472 ft²

Average Home Age

45.7 years

Currently For Sale

41 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: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 14 Cherokee Trail built and last sold?
The property at 14 Cherokee Trail was built in 1957 and last sold on Jul 5, 2023 for $420,000.
How much is this home worth?
The estimated value of the home located at 14 Cherokee Trail is $0.
What are some comparable homes to 14 Cherokee Trail?
There are currently no comparable homes to 14 Cherokee Trail.
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