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Coram 11727 Coram
5 Ridge Road
$520,000
● House - Off Market

5 Ridge Road

Coram, NY 11727
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
$610,566
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

stately colonial in quiet community. home has ground level legal acc apartment(no steps) apartment was fully updated 5 years ago. home has large basement partially finished and is over 3000 sql ft. many updates including but not limited to: 4.5 baths/arch roof/furnace/vinyl siding and windows/igp with 6 year liner/stunning den with custom shelving and mantle for fpl/ driveway/electrical system/organized closets/ just a very tasteful home in community with sewers.
Unit Size
-
Days on Market
-
Land Size
0.35 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,054
HOA Dues
-
Year Built
1976

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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 #ONE3266342)

Price History

Date / Event Date Event Price
Feb 2, 2021 Sold
Premium
Sold
Nov 17, 2020 In contract -
In contract
Nov 3, 2020 Listed by Coldwell Banker Realty $479,990
Listed by Coldwell Banker Realty
Jul 13, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 2
  • 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: 15,246
  • Total Building Area: 3,025
  • Building Area: 3,025
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 3,025
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SWEET HOLLOW ESTATES
  • Land Acres: 0000000350
  • Standard Land Use Code: 1022
  • County Land Use Code: 215
  • Legal Description 1: SWEET HOLLOW ESTS 5986 SEC 2 39

Neighborhood

  • School District Name: Longwood Central School District
  • School Tax School District: LONGWOOD
  • Census Tract: 158315

Geography

  • Assessors Map Reference: MAP 2305986
  • Account Number: 00002370139
  • District: 0200-3
  • Section: 316.00
  • Parcel: 0200-316.00-05.00-030.000
  • Block: 5
  • Lot: 30.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.8996
  • Longitude: -72.9876

    Address

  • Full Address: 5 Ridge Rd
  • Address - House Number: 5
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Coram
  • Carrier Code: C021
  • 4-Digit Zip Code: 2112
  • Zip Code: 11727

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2587
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 63
  • Final Value: 707,940
  • High Value: 891,101
  • Low Value: 524,780

    Market Valuation

  • Market Total Value: $5,250
  • Market Land Value: $556
  • Market Improvement Value: $4,694

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,835
  • Assessed Land Value: $300
  • Assessed Improvements Value: $2,535

    Sales

  • Current Sale Contract Date: Feb 02, 2021
  • Current Sale Recording Date: Mar 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 13, 1998
  • Previous Sale Contract Date: Jul 02, 1998
  • Previous Sale Amount: $150,000
  • 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 Coram

Stats & Trends

Median Asking:

$540,000

Sale Price/ft²

$326

Below Asking

0.01%

Average Days on Market

85

Average Home Size

1695 ft²

Average Home Age

46.4 years

Currently For Sale

92 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: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 5 Ridge Road built and last sold?
The property at 5 Ridge Road was built in 1976 and last sold on Feb 2, 2021 for $520,000.
How much is this home worth?
The estimated value of the home located at 5 Ridge Road is $0.
What are some comparable homes to 5 Ridge Road?
There are currently no comparable homes to 5 Ridge Road.
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