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10 Sally LaneRidge, NY 11961

For Sale

$950,000

Smart Buyer Rebate $9,500

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.

Listed by Carmine Capobianco

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Coldwell Banker American Homes

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631-588-9090

Last updated December 03, 2025

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Source: OneKey #810219

Listing Facts

  • TypeMulti-family
  • NeighborhoodRidge
  • Bedrooms6
  • Bathrooms3
  • Days on Prevu339
  • Taxes$13,915/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

01/06/2025
Listed by Coldwell Banker American Homes
$950,000

Property Details for 10 Sally Lane

Exterior

Construction

  • Number Of Units Total: 3
  • Property Condition: Updated/Remodeled
  • Year Built: 1960
  • Architectural Style: Exp Cape

Features

  • Direction Faces: North

Measurements

  • Building Area Total: 2,970
  • Building Area Units: Square Feet
  • Lot Features: Level, Part Wooded
  • Lot Size Acres: 0.75
  • Lot Size Dimensions: 32,670
  • Lot Size Square Feet: 32,670

Financial

Residential Income

  • Cap Rate: 7.0
  • Gross Income: $88,200.00
  • Operating Expense: $17,849.00

Taxes

  • Tax Annual Amount: $13,915.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Laminate
  • Interior Features: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen

Rooms

  • Basement: Bilco Door(s), Partial, Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6

Parking

Parking

  • Parking Features: Driveway, Off Street, Private
  • Parking Total: 6

Schools

Elementary School

  • Elementary School: Ridge Elementary School
  • Elementary School District: Longwood

High School

  • High School: Longwood High School
  • High School District: Longwood

Middle or Junior School

  • Middle Or Junior School: Longwood Junior High School
  • Middle Or Junior School District: Longwood

Utilities

Equipment

  • Heating: Oil
  • Sewer: Cesspool
  • Utilities: See Remarks
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 6 bedrooms and 3 bathrooms in this multi-family home at 10 Sally Lane.

What schools are nearby to 10 Sally Lane?

Nearby schools include the Ridge Elementary School, Longwood Junior High School, and Longwood High School.

Does this multi-family home have parking?

Yes, there are 6 parking spaces available for 10 Sally Lane.

What are the annual taxes for 10 Sally Lane?

Annual taxes for this multi-family home are estimated at $13,915.

How does 10 Sally Lane compare to other multi-family homes in Ridge?

This multi-family home is listed 14% below the average price for multi-family homes in Ridge and has been on the market for 293 more days than the typical home in this area.

10 Sally Lane is a 6-bedroom, 3-bath multi-family home for sale in Ridge NY 11961. Listed on Prevu for 339 days at $950,000. This home is located in Ridge. The median listing price for multi-family homes in this area is $489,495. Nearby schools include Ridge Elementary School, Longwood Junior High School, and Longwood High School. Property amenities include parking. Explore more multi-family home listings in Suffolk County.

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.