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Ridge 11961 Ridge
29 Cedar Ridge Drive
$510,000
● House - Off Market

29 Cedar Ridge Drive

Brookhaven, NY 11961
bedrooms
3 Beds
bathrooms
2 Baths
$3,357
Est. Monthly

About This Property

Welcome to this large 3 bedroom/2 bath hi-ranch located on .28 corner lot.  This home features well maintained landscaping, Anderson Windows 2 years old, Generac for entire house, Central Air upstairs (2006), AC units included downstairs, 2 zones, Chimney relined stainless steel, Roof, Boiler and upstairs full bath updated in 2014 and more!  Don't miss out!
Unit Size
-
Days on Market
-
Land Size
0.28 acres
Price per sqft
-
Property Type
House
Property Taxes
$901
HOA Dues
-
Year Built
1978

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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 #KEYL3477826)

Price History

Date / Event Date Event Price
Feb 26, 2024 Sold
Premium
Sold
May 20, 2023 In contract -
In contract
May 12, 2023 Listed by Signature Premier Properties $499,999
Listed by Signature Premier Properties

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • 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: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 12,197
  • Total Building Area: 1,712
  • Building Area: 1,712
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,712
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGE HAVEN ESTATES
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: RIDGE HAVEN EST 6632 SEC 3 201

Neighborhood

  • School District Name: Longwood Central School District
  • School Tax School District: LONGWOOD
  • Census Tract: 158409

Geography

  • Assessors Map Reference: MAP 2006632
  • Account Number: 00002040231
  • District: 0200-2
  • Section: 242.00
  • Parcel: 0200-242.20-01.00-044.000
  • Block: 2001
  • Lot: 44.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.909
  • Longitude: -72.8823

    Address

  • Full Address: 29 Cedar Ridge Dr
  • Address - House Number: 29
  • Address - Street Name: Cedar Ridge
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Ridge
  • Carrier Code: R009
  • 4-Digit Zip Code: 2146
  • 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: 492,676
  • High Value: 563,753
  • Low Value: 421,599

    Market Valuation

  • Market Total Value: $4,491
  • Market Land Value: $556
  • Market Improvement Value: $3,935

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,425
  • Assessed Land Value: $300
  • Assessed Improvements Value: $2,125

    Exemptions

  • Homeowner Exemption: Yes
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

$366

Below Asking

0.01%

Average Days on Market

81

Average Home Size

1481 ft²

Average Home Age

46.1 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 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 29 Cedar Ridge Drive built and last sold?
The property at 29 Cedar Ridge Drive was built in 1978 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 29 Cedar Ridge Drive is $504,999.
What are some comparable homes to 29 Cedar Ridge Drive?
There are currently no comparable homes to 29 Cedar Ridge Drive.
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