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Ridge 11961 Ridge
24 Pine Bark Road
$365,000
● House - Off Market

24 Pine Bark Road

Brookhaven, NY 11961
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
$410,789
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Magnificent Ranch located mid block on a perfectly flat lot with mature landscaping and a sidewalk path leading you to the front door.  This home features an open floorplan with Livingroom, dining room, Eat in kitchen with lots of cabinet and counter space, Black refrigerator, Stainless Steel Oven, Dishwasher and microwave, ceiling fan, sky light and door that leads you to the 3 season room, primary bedroom with 1/2 bath and ceiling fan, 2 additional bedrooms, Hallway bathroom with tub, fully fenced yard, Oil Heat, full unfinished basement
Unit Size
-
Days on Market
-
Land Size
0.50 acres
Price per sqft
-
Property Type
House
Property Taxes
$805
HOA Dues
-
Year Built
1972

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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: 6 months ago (OneKey MLS #KEYL3325917)

Price History

Date / Event Date Event Price
Dec 6, 2021 Sold
Premium
Sold
Oct 21, 2021 Sold
Premium
Sold
Aug 6, 2021 In contract -
In contract
Jun 30, 2021 Listed by Howard Hanna Coach $364,999
Listed by Howard Hanna Coach

Property Highlights

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 21,780
  • Total Building Area: 1,411
  • Building Area: 1,411
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,411
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGE
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N MOCILAN & ANO E PINE BARK S LIMA T10102 W MOCILAN

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 8700000
  • Account Number: 00008737665
  • District: 0200-3
  • Section: 327.00
  • Parcel: 0200-327.00-03.00-009.000
  • Block: 3
  • Lot: 9.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.8962
  • Longitude: -72.8709

    Address

  • Full Address: 24 Pine Bark Rd
  • Address - House Number: 24
  • Address - Street Name: Pine Bark
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Ridge
  • Carrier Code: R008
  • 4-Digit Zip Code: 2924
  • 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: 535,498
  • High Value: 682,719
  • Low Value: 388,277

    Market Valuation

  • Market Total Value: $4,166
  • Market Land Value: $370
  • Market Improvement Value: $3,796

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,250
  • Assessed Land Value: $200
  • Assessed Improvements Value: $2,050

    Sales

  • Current Sale Contract Date: Oct 21, 2021
  • Current Sale Recording Date: Dec 06, 2021
  • 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:

$499,900

Sale Price/ft²

$367

Below Asking

0.01%

Average Days on Market

84

Average Home Size

1499 ft²

Average Home Age

46.6 years

Currently For Sale

54 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 15 Hastings Drive, Ridge, NY, 11961

$3,300 /mo

  • 1 Bed
  • 1 Bath
  • 850 ft²
15 Hastings Drive, Ridge, NY, 11961 Listing by Nicholas Accardi
Unit for rent at 426 Aylesbury Court, Ridge, NY, 11961

$2,300 /mo

  • 1 Bed
  • 1 Bath
  • 748 ft²
426 Aylesbury Court #C, Ridge, NY, 11961 Listing by Paulina Ruhnke
Unit for rent at 231 Belfast Lane, Ridge, NY, 11961

$3,200 /mo

  • 2 Beds
  • 2 Baths
  • 942 ft²
231 Belfast Lane, Ridge, NY, 11961 Listing by Louis Scrimenti

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 24 Pine Bark Road built and last sold?
The property at 24 Pine Bark Road was built in 1972 and last sold on Oct 21, 2021 for $370,000.
How much is this home worth?
The estimated value of the home located at 24 Pine Bark Road is $368,649.
What are some comparable homes to 24 Pine Bark Road?
There are currently no comparable homes to 24 Pine Bark Road.
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