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Ridge 11961 Ridge
Undisclosed Address
$250,000
● House - Off Market

Undisclosed Address

Brookhaven, NY 11961
bedrooms
3 Beds
bathrooms
2 Baths
$423,759
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

This 3 Br Ranch: Has Wood Flrs Through-Out, Formal Din, Den, Liv, Full Finished Bsmnt And Gar. Large Fenced Yard With Plenty Of Room For A Pool. New Oil Burner, Newer Roof . Close To Shopping , Farms And Outlets. Don't Miss This One!! Call Now For Private Showing., Additional information: Appearance:Great
Unit Size
-
Days on Market
-
Land Size
0.53 acres
Price per sqft
-
Property Type
House
Property Taxes
$759
HOA Dues
-
Year Built
1973

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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 #KEYL2885870)

Price History

Date / Event Date Event Price
May 8, 2017 Sold
Premium
Sold
Sep 25, 2016 Listed by Little Bay Realty Inc $259,900
Listed by Little Bay Realty Inc
May 19, 1997 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Total Rooms: 7
  • 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: 17
  • 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: 23,087
  • Total Building Area: 1,402
  • Building Area: 1,402
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,402
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGE
  • Land Acres: 0000000530
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N GULL DIP T10102 E BROOKHAVEN TOWN S LASHINSKY W MAXHEIMER

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 8700000
  • Account Number: 00008735875
  • District: 0200-3
  • Section: 327.00
  • Parcel: 0200-327.00-03.00-005.000
  • Block: 3
  • Lot: 5.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.8964
  • Longitude: -72.8731

    Address

  • Full Address: 48 Gull Dip Rd
  • Address - House Number: 48
  • Address - Street Name: Gull Dip
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Ridge
  • Carrier Code: R008
  • 4-Digit Zip Code: 2983
  • 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: 538,311
  • High Value: 686,306
  • Low Value: 390,317

    Market Valuation

  • Market Total Value: $4,352
  • Market Land Value: $463
  • Market Improvement Value: $3,889

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,350
  • Assessed Land Value: $250
  • Assessed Improvements Value: $2,100

    Sales

  • Current Sale Contract Date: Apr 13, 2017
  • Current Sale Recording Date: May 08, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 19, 1997
  • Previous Sale Contract Date: May 08, 1997
  • Previous Sale Amount: $120,000
  • 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

$366

Below Asking

0.01%

Average Days on Market

86

Average Home Size

1466 ft²

Average Home Age

47.5 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

Unit for rent at 201 Newcastle Court, Ridge, NY, 11961

$2,250 /mo

  • 1 Bed
  • 1 Bath
  • 644 ft²
201 Newcastle Court #A, 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 48 Gull Dip Road built and last sold?
The property at 48 Gull Dip Road was built in 1973 and last sold on Apr 13, 2017 for $250,000.
How much is this home worth?
The estimated value of the home located at 48 Gull Dip Road is $262,499.
What are some comparable homes to 48 Gull Dip Road?
There are currently no comparable homes to 48 Gull Dip Road.
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