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Ridge 11961 Ridge
35 Newcomb Trail
$344,500
● House - Off Market

35 Newcomb Trail

Brookhaven, NY 11961
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,352 Ft²
$358,054
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Put your stamp on this expansive ranch on a huge lot in the quiet community of Lake Panamoka. 3 Beds, 1.5 Baths with wood burning stove and eat in kitchen. Huge flat lot is fully fenced in and backyard has pad for boat or RV. Nestled in the private lake community of Lake Panamoka, mandatory community fees are only $10 per year with additional yearly membership fees for lake access, swimming, boating, fishing, and community events. Come see, fall in love, and make this home yours today.
Unit Size
1,352 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$240
Property Type
House
Property Taxes
$809
HOA Dues
-
Year Built
1949

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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 #KEYL3339677)

Price History

Date / Event Date Event Price
Jan 12, 2022 Sold
Premium
Sold
Dec 9, 2021 Sold
Premium
Sold
Sep 2, 2021 In contract -
In contract
Aug 19, 2021 Listed by Coldwell Banker M&D Good Life $325,000
Listed by Coldwell Banker M&D Good Life
May 27, 1998 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • 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: 2
  • 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: 11,761
  • Total Building Area: 1,352
  • Building Area: 1,352
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,352
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE PANAMOKA
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LAKE PANAMOKA 1304 SEC 1 105 & 106

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 2001304
  • Account Number: 00002006129
  • District: 0200-2
  • Section: 245.00
  • Parcel: 0200-245.00-01.00-061.002
  • Block: 1
  • Lot: 61.002
  • Municipality: BROOKHAVEN
  • Latitude: 40.9135
  • Longitude: -72.8451

    Address

  • Full Address: 35 Newcomb Trl
  • Address - House Number: 35
  • Address - Street Name: Newcomb
  • Address - Suffix Type: Trl
  • State: NY
  • City Name: Ridge
  • Carrier Code: R001
  • 4-Digit Zip Code: 2238
  • 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: 541,382
  • High Value: 690,220
  • Low Value: 392,543

    Market Valuation

  • Market Total Value: $4,186
  • Market Land Value: $556
  • Market Improvement Value: $3,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,260
  • Assessed Land Value: $300
  • Assessed Improvements Value: $1,960

    Sales

  • Current Sale Contract Date: Dec 09, 2021
  • Current Sale Recording Date: Jan 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 27, 1998
  • Previous Sale Contract Date: Mar 27, 1998
  • Previous Sale Amount: $68,000
  • 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:

$499,000

Sale Price/ft²

$367

Below Asking

0.01%

Average Days on Market

86

Average Home Size

1488 ft²

Average Home Age

46.7 years

Currently For Sale

51 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

Rentals Near You

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OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 35 Newcomb Trail built and last sold?
The property at 35 Newcomb Trail was built in 1949 and last sold on Dec 9, 2021 for $344,500.
How much is this home worth?
The estimated value of the home located at 35 Newcomb Trail is $340,807.
What are some comparable homes to 35 Newcomb Trail?
There are currently no comparable homes to 35 Newcomb Trail.
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