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Ridge 11961 Ridge
16 Old Saddle Road
$165,000
● House - Off Market

16 Old Saddle Road

Brookhaven, NY 11961
bedrooms
4 Beds
bathrooms
2 Baths
$298,804
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model

About This Property

This Lovely Raised Ranch Style Home Is Situated On Large Tree Lined Property. This Home Sports A Great Back Yard For Summer Outdoor Entertaining. Property Has One Car Detached Garage Great For That Extra Storage You've Been Looking For.
Unit Size
-
Days on Market
-
Land Size
1.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$723
HOA Dues
-
Year Built
1955

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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: 4 months ago (OneKey MLS #KEYL2703080)

Price History

Date / Event Date Event Price
Jan 16, 2015 Sold
Premium
Sold
Dec 1, 2014 Sold
Premium
Sold
Sep 2, 2014 Listed by American Way Real Estate Inc $159,900
Listed by American Way Real Estate Inc

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 3
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,094
  • Total Building Area: 2,144
  • Building Area: 2,144
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 2,144
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGE
  • Land Acres: 0000001150
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N PULVER T10103 E OLD SADDLE S GULL DIP W SILVESTRO

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 8700000
  • Account Number: 00008731810
  • District: 0200-2
  • Section: 295.00
  • Parcel: 0200-295.00-03.00-009.000
  • Block: 3
  • Lot: 9.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.9014
  • Longitude: -72.8578

    Address

  • Full Address: 16 Old Saddle Rd
  • Address - House Number: 16
  • Address - Street Name: Old Saddle
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Ridge
  • Carrier Code: R008
  • 4-Digit Zip Code: 2914
  • Zip Code: 11961

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 70
  • Final Value: 620,274
  • High Value: 753,503
  • Low Value: 487,045

    Market Valuation

  • Market Total Value: $4,306
  • Market Land Value: $556
  • Market Improvement Value: $3,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,325
  • Assessed Land Value: $300
  • Assessed Improvements Value: $2,025

    Sales

  • Current Sale Contract Date: Dec 30, 2014
  • Current Sale Recording Date: Jan 16, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Jan 16, 2015
  • Previous Sale Contract Date: Sep 22, 2014
  • Previous Sale Amount: $512,068
  • Previous Sale Document Type: 34

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
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:

$495,000

Sale Price/ft²

$366

Below Asking

0.01%

Average Days on Market

80

Average Home Size

1474 ft²

Average Home Age

46.3 years

Currently For Sale

39 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

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OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 16 Old Saddle Road built and last sold?
The property at 16 Old Saddle Road was built in 1955 and last sold on Dec 30, 2014 for $171,000.
How much is this home worth?
The estimated value of the home located at 16 Old Saddle Road is $0.
What are some comparable homes to 16 Old Saddle Road?
There are currently no comparable homes to 16 Old Saddle Road.
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