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Ridge 11961 Ridge
187 Lakeside Trail
$490,000
● House - Off Market

187 Lakeside Trail

Brookhaven, NY 11961
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
$566,371
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Three Bedroom, 1.5 Bath Ranch Style Lakefront Home With Full Basement.  Full Length Covered Trex Front Porch W/ PVC Railing. Great Views Of Private Lake Panamoka.  You Can Swim, Fish, Canoe, Kayak, Paddleboat etc... ( No Noisy Motors).  Expanded Paved Driveway For Off-Street Parking. Concrete Steps To Large Cement Patio At Lakeside.  Full Bulkhead Shoreline, Newer Kitchen And Baths, New Heating System, Ceiling Fans, Updated 150 Amp Electric Service. Screened Room Off Kitchen And Large Slate Backyard Patio With Built-In Gas (Propane) Grill., Additional information: Appearance:Very Good
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$814
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: 4 months ago (OneKey MLS #KEYL3334605)

Price History

Date / Event Date Event Price
Jun 14, 2022 Sold
Premium
Sold
Mar 21, 2022 Sold
Premium
Sold
Jan 17, 2022 In contract -
In contract
Jul 31, 2021 Listed by Universal Home Sales LLC $550,000
Listed by Universal Home Sales LLC
Apr 10, 2008 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 6,970
  • Total Building Area: 866
  • Building Area: 866
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 866
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE PANAMOKA
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LAKE PANAMOKA 1635 SEC 6 865

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 2001635
  • Account Number: 00002014200
  • District: 0200-1
  • Section: 194.00
  • Parcel: 0200-194.00-01.00-022.000
  • Block: 1
  • Lot: 22.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.9247
  • Longitude: -72.8522

    Address

  • Full Address: 187 Lakeside Trl
  • Address - House Number: 187
  • Address - Street Name: Lakeside
  • Address - Suffix Type: Trl
  • State: NY
  • City Name: Ridge
  • Carrier Code: R001
  • 4-Digit Zip Code: 3222
  • Zip Code: 11961

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2749
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 60
  • Final Value: 558,582
  • High Value: 712,150
  • Low Value: 405,015

    Market Valuation

  • Market Total Value: $4,537
  • Market Land Value: $741
  • Market Improvement Value: $3,796

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,450
  • Assessed Land Value: $400
  • Assessed Improvements Value: $2,050

    Sales

  • Current Sale Contract Date: Mar 31, 2022
  • Current Sale Recording Date: Jun 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 10, 2008
  • Previous Sale Contract Date: Mar 24, 2008
  • Previous Sale Amount: $342,000
  • 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:

$489,999

Sale Price/ft²

$366

Below Asking

0.01%

Average Days on Market

81

Average Home Size

1469 ft²

Average Home Age

45.8 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 126 Overhill Road, Wading River, NY, 11792

$7,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
126 Overhill Road, Wading River, NY, 11792 Listing by Mariana Nunes

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 187 Lakeside Trail built and last sold?
The property at 187 Lakeside Trail was built in 1960 and last sold on Mar 31, 2022 for $490,000.
How much is this home worth?
The estimated value of the home located at 187 Lakeside Trail is $555,500.
What are some comparable homes to 187 Lakeside Trail?
There are currently no comparable homes to 187 Lakeside Trail.
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