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Ridge 11961 Ridge
49 & 51 Lakeside Trail
$378,000
● House - Off Market

49 & 51 Lakeside Trail

Brookhaven, NY 11961
bedrooms
3 Beds
bathrooms
2 Baths
$545,404
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Welcome to your Lake House with double size lot, private beach and spectacular views from every room! Wake up here and feel like you are on vacation every day. Open floor plan and completely renovated !  the upper level has nice size BR's and plenty of closets. The lower level has a wall of windows showcasing the incredible lake views and an outside entrance! Kyak, Paddle-board, fish and swim directly in front of your home, or simply relax and enjoy where you are., Additional information: Appearance:Diamond,Business Located At:,Rental Income:
Unit Size
-
Days on Market
-
Land Size
0.00 acres
Price per sqft
-
Property Type
House
Property Taxes
$673
HOA Dues
-
Year Built
1950

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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: 4 months ago (OneKey MLS #KEYL3182233)

Price History

Date / Event Date Event Price
Jun 22, 2020 Sold
Premium
Sold
Nov 21, 2019 Listed by Realty Connect USA L I Inc $389,000
Listed by Realty Connect USA L I Inc
Sep 6, 2019 Sold
Premium
Sold
Jul 24, 2019 In contract -
In contract
May 21, 2019 Listed by Coldwell Banker Distinctive $199,850
Listed by Coldwell Banker Distinctive

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 6,098
  • Total Building Area: 1,144
  • Building Area: 1,144

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE PANAMOKA
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LAKE PANAMOKA 1306 SEC 3 716

Neighborhood

  • School District Name: Longwood Central School District
  • School Tax School District: LONGWOOD
  • Census Tract: 158405

Geography

  • Assessors Map Reference: MAP 2001306
  • Account Number: 00002012080
  • District: 0200-1
  • Section: 194.00
  • Parcel: 0200-194.00-04.00-018.000
  • Block: 4
  • Lot: 18.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.9223
  • Longitude: -72.8454

    Address

  • Full Address: 49 Lakeside Trl
  • Address - House Number: 49
  • Address - Street Name: Lakeside
  • Address - Suffix Type: Trl
  • State: NY
  • City Name: Ridge
  • Carrier Code: R001
  • 4-Digit Zip Code: 2224
  • Zip Code: 11961

Valuation

    Tax

  • Tax Year: 2019
  • Tax Amount: $633,836
  • Tax Rate Code Area: 472212

    Appraisal Valuation

  • Standard Deviation: 0.2073
  • Valuation Date: Jun 15, 2022
  • Confidence Score: 71
  • Final Value: 412,899
  • High Value: 498,516
  • Low Value: 327,281

    Market Valuation

  • Market Total Value: $202,703
  • Market Land Value: $54,054
  • Market Improvement Value: $148,649

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $1,500
  • Assessed Land Value: $400
  • Assessed Improvements Value: $1,100

    Sales

  • Current Sale Contract Date: Jun 22, 2020
  • Current Sale Recording Date: Jul 10, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 10, 2019
  • Previous Sale Contract Date: Sep 06, 2019
  • Previous Sale Amount: $185,200
  • Previous Sale Document Type: 33
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:

$492,500

Sale Price/ft²

$365

Below Asking

0.01%

Average Days on Market

82

Average Home Size

1476 ft²

Average Home Age

45.9 years

Currently For Sale

42 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

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 49 Lakeside Trail built and last sold?
The property at 49 Lakeside Trail was built in 1950 and last sold on Jun 22, 2020 for $378,000.
How much is this home worth?
The estimated value of the home located at 49 Lakeside Trail is $392,890.
What are some comparable homes to 49 Lakeside Trail?
There are currently no comparable homes to 49 Lakeside Trail.
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