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Ridge 11961 Ridge
26 Ruth Lane
$460,000
● House - Off Market

26 Ruth Lane

Brookhaven, NY 11961
bedrooms
4 Beds
bathrooms
3 Baths
$498,606
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

brand new reno!!! Gorgeous Expanded Renovated 4 Bedroom 3 Bath Cape With Large Great Room With Cathedral Ceilings,Full Finished Basement With OSE & Full Bath, Great Income Earning Potential or M/D With Proper permits , Oak floors, New Windows, Siding,Roof, Bathrooms,Kitchen,Appliances,Qaurtz Countertops, Low Taxes, come and get it., Additional information: Appearance:Diamond
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$684
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: 5 months ago (OneKey MLS #KEYL3413418)

Price History

Date / Event Date Event Price
Dec 16, 2022 Sold
Premium
Sold
Sep 26, 2022 In contract -
In contract
Jul 6, 2022 Listed by Pristine Prop Cole & Assoc $469,990
Listed by Pristine Prop Cole & Assoc
Jul 5, 2022 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • 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: 4,792
  • Total Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGE
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N SESSA E RUTH LA S OSAN W SESSA

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 8700000
  • Account Number: 00008732040
  • District: 0200-3
  • Section: 351.00
  • Parcel: 0200-351.00-03.00-008.001
  • Block: 3
  • Lot: 8.001
  • Municipality: BROOKHAVEN
  • Latitude: 40.8914
  • Longitude: -72.8919

    Address

  • Full Address: 26 Ruth Ln
  • Address - House Number: 26
  • Address - Street Name: Ruth
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Ridge
  • Carrier Code: R004
  • 4-Digit Zip Code: 2607
  • 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: 460,585
  • High Value: 527,033
  • Low Value: 394,138

    Market Valuation

  • Market Total Value: $3,426
  • Market Land Value: $93
  • Market Improvement Value: $3,333

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,850
  • Assessed Land Value: $50
  • Assessed Improvements Value: $1,800

    Sales

  • Current Sale Contract Date: May 19, 2022
  • Current Sale Recording Date: Jul 05, 2022
  • 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:

$499,000

Sale Price/ft²

$367

Below Asking

0.01%

Average Days on Market

86

Average Home Size

1498 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 5 Independence Court, Ridge, NY, 11961

$2,700 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
5 Independence Court #5A, Ridge, NY, 11961 Listing by Sherri Cruz CBR
Unit for rent at 406 Woodbridge Drive, Ridge, NY, 11961

$2,275 /mo

  • 1 Bed
  • 1 Bath
  • 720 ft²
406 Woodbridge Drive #B, Ridge, NY, 11961 Listing by Marie P. Bilello

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 26 Ruth Lane built and last sold?
The property at 26 Ruth Lane was built in 1960 and last sold on May 19, 2022 for $343,000.
How much is this home worth?
The estimated value of the home located at 26 Ruth Lane is $474,690.
What are some comparable homes to 26 Ruth Lane?
There are currently no comparable homes to 26 Ruth Lane.
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