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10 Sally Lane, Ridge, NY 11961

$925,000
6
BD
3
BA
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List Price
$925,000
Status
ACTIVE
MLS#
1029889
Year Built
1960
Style
Exp Cape
Bedrooms
6
Bathrooms
3
Acres
0.75
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(917) 719-1715

Property Description

A great Investment Opportunity in Suffolk County. A rare, Legal THREE family (by CO) fully occupied, producing very good income. The house is well maintained and updated, located in a quiet residential area, on a large .75 acre lot, partially cleared with a private wooded surrounding. Off street parking in the rear of the property and close to 2 major highways, LIRR, Schools and shopping. Tenants pay for their own electric and heat, owner pays for taxes, water, insurance & low maintenance expenses) The property is currently generating NOI of over $68,000/year providing a CAP Rate over 7% this year (Pro-forma is attached). Don't miss this opportunity for generating great passive income.

(917) 719-1715
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Additional Information

Taxes
$14,356
Lot Size
32,670
Interior Features
First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen
Flooring
Carpet, Laminate, Vinyl
Heating
Hot Water, Oil
Cooling System Type
Wall/Window Unit(s)
Sewer
Cesspool
Water Source
Public
Basement
Bilco Door(s), Partial
Parking Spaces
5
Elementary School
Ridge Elementary School
Middle School
Longwood Junior High School
High School
Longwood High School
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Listing courtesy of Listing Agent: Carmine Capobianco (ccapobianco@cbamhomes.com) from Listing Office: Coldwell Banker American Homes.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.