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Jacqueline Stewart
Licensed Real Estate Salesperson
REALTOR®
Cell: (516) 724-7884
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10 Sally Lane, Ridge, NY 11961

$950,000
  • 10 Sally Lane, Ridge, NY 11961 Main Photo

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Jacqueline Stewart
Call: (cell) (516) 724-7884
Text: (516) 724-7884

MLS#810219
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLLongwood

Property Description

Excellent Investment Opportunity. Legal (by CO) three family house with great income. Well maintained and updated with all newer kitchens and baths, newer roof and oil burners. Tenants pay for their own electric and heat, owner pays for taxes, water and insurance (low maintenance expenses). Currently fully Tenanted; Apt. 1 pays $2650/mo. Apt. 2 & 3 each pay $2350/mo. NOI close to $70,000 per year. (pro-forma is attached). House is located in a quiet residential area, on a large .75 acre semi-wooded lot, private off street parking in the rear and close to major highways and LIRR. A rare find in Suffolk county, centrally located (near two major highways) don't miss this opportunity for generating passive income.

10 Sally Lane | MLS# 810219

This multi-family property located at 10 Sally Lane, Ridge, NY 11961 is currently listed for sale with an asking price of $950,000. Sally Lane is located within the Longwood school district. Search Ridge real estate on jacquelinestewart.laffey.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Bilco Door(s), Partial, Unfinished
Basement: Yes
Cooling: None
Heating: Oil
Home Style: Exp Cape
Lot Size: 0.75 Acres
Taxes: $14,356
Year Built: 1960

Amenities

First Floor Bedroom
First Floor Full Bath
Eat-in Kitchen

Feature Descriptions

Building Area Total: 2970
Cap Rate: 7
Days on Site: 514
Flooring: Laminate
Heating Units: 3
Heating Zones: 3
House Faces: North
Included In Taxes: Trash
Lot Dimensions: 32,670
Lot Features: Level, Part Wooded
On Market Date: 2025-01-06
Parking Features: Driveway, Off Street, Private
Parking Total: 6
Rental Term: Monthly
Seller Concession: Yes
Separate Electric Meters: 4
Sewer: Cesspool
Units: 3
Utilities: See Remarks
Water: Public
Wooded: Yes

Local Schools

High School: Longwood High School
Middle School: Longwood Junior High School
Elementary School: Ridge Elementary School
School District: Longwood

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Estimated Payment

$ 3,587.70 per month $2,114.29 Principal & Interest $1,196.33 Property Tax $277.08 Homeowner's Insurance

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(Payments are an estimate and may vary by lender)

Listed By / Shown By

Listing By

Agency Name: Coldwell Banker American Homes
Agency Contact: 631-588-9090

Shown By

Agent Name: Jacqueline Stewart
Agent Phone: Cell: (516) 724-7884
Agency Title: Laffey Real Estate

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