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Ridge 11961 Ridge
7 Passway Row
$525,000
● House - Off Market

7 Passway Row

Brookhaven, NY 11961
bedrooms
5 Beds
bathrooms
3 Baths
$505,328
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Move right in to this Renovated Colonial with 5 bedrooms and 3 bath situated on over .30 Acre Parklike lot. No Expense spared on this renovation! Tons of natural light. Updated electric, Anderson windows, Laminate wood flooring throughout and spacious kitchen with oversized Island, farm Sink and SS appliances. This house has everything you are looking for. Possible Mother/Daughter with Proper Permits. This house is a MUST See!!!!, Additional information: Appearance:Mint + + +
Unit Size
-
Days on Market
-
Land Size
0.33 acres
Price per sqft
-
Property Type
House
Property Taxes
$814
HOA Dues
-
Year Built
1954

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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 #KEYL3318358)

Price History

Date / Event Date Event Price
Dec 9, 2021 Sold
Premium
Sold
Oct 25, 2021 Sold
Premium
Sold
Jun 21, 2021 In contract -
In contract
Jun 3, 2021 Listed by RE/MAX Best $449,000
Listed by RE/MAX Best
Apr 23, 2021 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 17
  • 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: 14,375
  • Total Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGE
  • Land Acres: 0000000330
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N PACK E LEISURE VLG 12 S YELAMANCHILI W ROW

Neighborhood

  • School District Name: Longwood Central School District
  • School Tax School District: LONGWOOD
  • Census Tract: 158410

Geography

  • Assessors Map Reference: MAP 8700000
  • Account Number: 00008735030
  • District: 0200-2
  • Section: 240.00
  • Parcel: 0200-240.00-02.00-008.000
  • Block: 2
  • Lot: 8.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.9133
  • Longitude: -72.9014

    Address

  • Full Address: 7 Passway Row
  • Address - House Number: 7
  • Address - Street Name: Passway
  • Address - Suffix Type: Row
  • State: NY
  • City Name: Ridge
  • Carrier Code: R009
  • 4-Digit Zip Code: 1133
  • Zip Code: 11961

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2589
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 63
  • Final Value: 622,253
  • High Value: 783,379
  • Low Value: 461,128

    Market Valuation

  • Market Total Value: $4,212
  • Market Land Value: $231
  • Market Improvement Value: $3,981

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,275
  • Assessed Land Value: $125
  • Assessed Improvements Value: $2,150

    Sales

  • Current Sale Contract Date: Oct 18, 2021
  • Current Sale Recording Date: Dec 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 23, 2021
  • Previous Sale Contract Date: Feb 19, 2021
  • Previous Sale Amount: $257,000
  • 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:

$489,999

Sale Price/ft²

$366

Below Asking

0.01%

Average Days on Market

81

Average Home Size

1472 ft²

Average Home Age

45.7 years

Currently For Sale

41 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 5 Independence Court, Ridge, NY, 11961

$2,700 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
5 Independence Court #5A, Ridge, NY, 11961 Listing by Sherri Cruz CBR
Unit for rent at 406 Woodbridge Drive, Ridge, NY, 11961

$2,275 /mo

  • 1 Bed
  • 1 Bath
  • 720 ft²
406 Woodbridge Drive #B, Ridge, NY, 11961 Listing by Marie P. Bilello

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 7 Passway Row built and last sold?
The property at 7 Passway Row was built in 1954 and last sold on Oct 18, 2021 for $525,000.
How much is this home worth?
The estimated value of the home located at 7 Passway Row is $453,490.
What are some comparable homes to 7 Passway Row?
There are currently no comparable homes to 7 Passway Row.
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