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
·
Coldwell Banker American Homes
·
631-588-9090
Last updated December 03, 2025
·
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.
The data relating to real estate for sale on this website comes in part from the IDX
Program of OneKey™ MLS. 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. This information is provided exclusively for consumers’ personal,
non-commercial use. Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
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.