BEDS6
BATHS3 full
MLS#1029889
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLLongwood
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 located in quiet residential area, on a large .75 acre lot, partially cleared with a private wooded surrounding. Off street parking in the rear of the house and close to 2 major highways, LIRR, 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 close to 7% this year (Pro=forma is attached). Don't miss this opportunity for generating great passive income.
Property Features
Property Type: Multi Unit - Multiple
Basement: Bilco Door(s), Partial
Basement: Yes
Cooling: Wall/Window Unit(s)
Heating: Hot Water, 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
Attic: Crawl, Scuttle
Building Area Total: 2970
Cap Rate: 744
Exterior: Brick, Vinyl Siding
Flooring: Carpet, Laminate, Vinyl
Heating Units: 3
Heating Zones: 3
House Faces: North
Included In Taxes: Trash
Lot Dimensions: 32,670
Lot Features: Back Yard, Cleared, Level, Wooded
Maintenance Expense: 3600
Maintenance Expense: 3600
On Market Date: 2026-07-23
Other Structures: Shed(s)
Parking Features: Driveway, Off Street, Parking Lot, Private
Parking Total: 5
Patio And Porch: None
Rental Term: Monthly
Seller Concession: Yes
Separate Electric Meters: 4
Separate Gas Meters: 0
Sewer: Cesspool
Special View Info: Trees/Woods
Tenant Pays: Electricity, Heat
Units: 3
Utilities: See Remarks
Water: Public
Window Features: Double Pane Windows
Wooded: Yes
Local Schools
High School: Longwood High School
Middle School: Longwood Junior High School
Elementary School: Ridge Elementary School
School District: Longwood
Estimate Your Payment
Estimated Payment
$ 6,143.43 per month $4,677.30 Principal & Interest $1,196.33 Property Tax $269.79 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Coldwell Banker American Homes
Shown By
Agent Name: ANNEMARIE RICHTER
Agent Phone:
ANNEMARIE RICHTER
Email: Contact
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10 Sally Lane | MLS# 1029889
This multi-family property located at 10 Sally Lane , Ridge, NY 11961 is currently listed for sale by Coldwell Banker American Homes, with an asking price of $925,000. Sally Lane is located within the Longwood school district. Search Ridge real estate on arichter.cbamhomes.com today.