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Ridge 11961 Ridge
25 E Margin Road
$505,000
● House - Off Market

25 E Margin Road

Brookhaven, NY 11961
bedrooms
4 Beds
bathrooms
2 Baths
$510,519
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

This expanded ranch in pristine condition is located on a lovely street in a very nice neighborhood. As you enter this home you will see that the floors are a beautiful hardwood. Lovely crown molding. Anderson and Pella Windows. The Eat-in kitchen has plenty of cabinetry as well as a kitchen island and pantry. There is seating area perfect for morning coffee overlooking the backyard. On the main floor there are three bedrooms and one full bathroom along with the laundry room. On the upper level is the primary ensuite with large closet and lovely full bathroom. Perfect for total privacy. The furnace is only 10 years old. The property is just shy of an acre. Fenced with sheds. Perfect for horses and chickens. This will not last., Additional information: Appearance:Excellent,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
159 days
Land Size
0.92 acres
Price per sqft
-
Property Type
House
Property Taxes
$877
HOA Dues
-
Year Built
1977

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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 #KEYL3375725)

Price History

Date / Event Date Event Price
Mar 8, 2023 Sold
Premium
Sold
Jul 26, 2022 Sold
Premium
Sold
Feb 11, 2022 Listed by Little Bay Realty Inc $499,000
Listed by Little Bay Realty Inc
Sep 22, 2005 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Total Rooms: 6
  • Bedroom Count: 4
  • 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: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,075
  • Total Building Area: 1,657
  • Building Area: 1,657
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,657
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGE ESTATES
  • Land Acres: 0000000920
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: RIDGE ESTATES 6630 3

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 2006630
  • Account Number: 00002032243
  • District: 0200-2
  • Section: 297.00
  • Parcel: 0200-297.00-01.00-009.004
  • Block: 1
  • Lot: 9.004
  • Municipality: BROOKHAVEN
  • Latitude: 40.9017
  • Longitude: -72.8525

    Address

  • Full Address: 25 E Margin Rd
  • Address - House Number: 25
  • Street Direction: E
  • Address - Street Name: Margin
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Ridge
  • Carrier Code: R008
  • 4-Digit Zip Code: 2901
  • Zip Code: 11961

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 487,265
  • High Value: 557,561
  • Low Value: 416,968

    Market Valuation

  • Market Total Value: $4,444
  • Market Land Value: $648
  • Market Improvement Value: $3,796

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,400
  • Assessed Land Value: $350
  • Assessed Improvements Value: $2,050

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 25, 2022
  • Current Sale Recording Date: Mar 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 22, 2005
  • Previous Sale Contract Date: Aug 23, 2005
  • Previous Sale Amount: $370,000
  • 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:

$495,000

Sale Price/ft²

$366

Below Asking

0.01%

Average Days on Market

80

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

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OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 25 East Margin Road built and last sold?
The property at 25 East Margin Road was built in 1977 and last sold on Jul 25, 2022 for $505,000.
How much is this home worth?
The estimated value of the home located at 25 East Margin Road is $503,990.
What are some comparable homes to 25 East Margin Road?
There are currently no comparable homes to 25 East Margin Road.
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