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About This Home

This 6-bedroom, 3-bathroom residential multi family at 10 Sally Lane in Ridge, NY is listed for $950,000. Built in 1960, on a 0.75 acres lot.

Agent 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.

Key Features

  • Built in 1960
  • 0.75 acre lot
  • 6 parking spaces

Property Details

3 full
6 spaces
1960

Monthly Cost Estimate

$5,081/mo

20% down · 6.5% · 30 years

Principal$687
Interest$4,117
Insurance$277

Estimates only. Actual payments may vary.

Location

10 Sally Lane

Ridge, NY 11961

Features & Amenities

Interior Features

First Floor BedroomFirst Floor Full BathEat-in Kitchen

Property Details

Flooring

Laminate

Parking

DrivewayOff Street

Heating

Oil

Questions & Answers

This 6-bedroom, 3-bathroom residential multi family at 10 Sally Lane is listed at $950,000. The estimated monthly payment is $4,117 based on 20% down at 6.5% interest.

Key features include: Built in 1960, 0.75 acre lot, 6 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 or ccapobianco@cbamhomes.com.

CC

Carmine Capobianco

Agent at Coldwell Banker American Homes

(631) 838-8842

Listed by Coldwell Banker American Homes · View on Broker Site

MLS# 810219· Source: listhub· Updated 511 days ago

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10 Sally Lane, Ridge, NY 11961

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