About This Home
This 6-bedroom, 3-bathroom multi-family at 10 Sally Lane in Ridge, NY is listed for $925,000. Built in 1960, on a 0.75 acres lot.
Key Features
- Built in 1960
- 0.75 acre lot
- 5 parking spaces
Property Details
Amenities
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.
Monthly Cost Estimate
$4,947/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
10 Sally Lane
Ridge, NY 11961
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 6-bedroom, 3-bathroom multi-family at 10 Sally Lane is listed at $925,000. The estimated monthly payment is $4,947 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1960, 0.75 acre lot, 5 parking spaces. Interior Features: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen.
This property is listed by Carmine Capobianco and can be reached at 6318388842.