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Ridge 11961 Ridge
29 Forest Trail
$407,000
● House - Off Market

29 Forest Trail

Ridge, NY 11961
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$483,712
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

Get ready to spend the holidays in Manzi Built bright, spacious, comfortable victorian, 3 bedrooms, 2.5 baths, kitchen, eating area opens to inviting livingroom, separate formal dining room, 10' basement ceiling, w/OSE, Property includes over 1/4 acre of flat backyard, near 1000-acre preserve, Deeded beach rights, Deck As-Is, No CO for finished basement. Completion of Covid-19 Questionnaire, Please submit Pre Approval Letter or Proof of Funds when making appointment.
Unit Size
-
Days on Market
131 days
Land Size
0.26 acres
Price per sqft
-
Property Type
House
Property Taxes
$965
HOA Dues
-
Year Built
2002

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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: 3 years ago (OneKey MLS #ONE3268681)

Price History

Date / Event Date Event Price
Mar 23, 2021 Sold
Premium
Sold
Jan 20, 2021 In contract -
In contract
Nov 12, 2020 Listed by Signature Premier Properties $389,000
Listed by Signature Premier Properties

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 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: 11,326
  • Total Building Area: 1,827
  • Building Area: 1,827
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,827
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE PANAMOKA
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LAKE PANAMOKA 1306 SEC 3 824 & 825

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 2001306
  • Account Number: 00002012870
  • District: 0200-2
  • Section: 217.00
  • Parcel: 0200-217.00-01.00-011.000
  • Block: 1
  • Lot: 11.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.9188
  • Longitude: -72.8516

    Address

  • Full Address: 29 Forest Trl
  • Address - House Number: 29
  • Address - Street Name: Forest
  • Address - Suffix Type: Trl
  • State: NY
  • City Name: Ridge
  • Carrier Code: R001
  • 4-Digit Zip Code: 2200
  • Zip Code: 11961

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2519
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 631,589
  • High Value: 790,706
  • Low Value: 472,471

    Market Valuation

  • Market Total Value: $4,815
  • Market Land Value: $556
  • Market Improvement Value: $4,259

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,600
  • Assessed Land Value: $300
  • Assessed Improvements Value: $2,300
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
Unit for rent at 258 Route 25a, Wading River, NY, 11792

$4,825 /mo

  • 4 Beds
  • 2 Baths
  • 1,248 ft²
258 Route 25a, Wading River, NY, 11792 Listing by Priscilla Holloway CBR

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 29 Forest Trail built and last sold?
The property at 29 Forest Trail was built in 2002 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 29 Forest Trail is $408,206.
What are some comparable homes to 29 Forest Trail?
There are currently no comparable homes to 29 Forest Trail.
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