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For More Information Call 516-888-9595 Ext. 301 or Contact Agent

10 Sally Lane, Ridge, NY 11961

MLS# 1029889 

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[Ridge Real Estate, listing number 7314757]



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.

Details:
Families: 3
Bedrooms: 6
Bathrooms: 3
Property Type: Exp Cape
Lot Size: 32,670
Acres: 0.78
Built: 1960
School District: Longwood

Financials:
Price: $925,000
Taxes: $14,356

For More Information Call 516-888-9595 Ext. 301 or Contact Agent

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Listing Information provided courtesy of Coldwell Banker American Homes, Carmine Capobianco - 631-588-9090

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