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
| MLS # | 1029889 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 77 |
| Listing Provided By | Coldwell Banker American Homes | Carmine Capobianco |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,970 |
| Basement | Y |
| Units | 3 |
| Acreage | 0.75 |
| Property View | Trees, Woods |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Hot Water, Oil |
| Interior Features | First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen |
| Window Features | Double Pane Windows |
Exterior
| Construction Materials | Brick, Vinyl Siding |
|---|---|
| Foundation Details | Pillar/Post/Pier, Block, Slab |
| Lot Features | Back Yard, Cleared, Level, Wooded |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway, Off Street, Parking Lot, Private |
Utilities
| Utilities | See Remarks |
|---|---|
| Sewer | Cesspool |
Taxes
| Tax Year | 2026 |
|---|---|
| Tax Annual Amount | 14356 |
Area Information
| State | NY |
|---|---|
| County | Suffolk County |
| City | Ridge |
| Zip Code | 11961 |
| School District | Longwood High School |
| Elementary School | Ridge Elementary School |
| High School | Longwood High School |
| Listing VS Median (in 11961) | |
Price: $925,000 low | high Med: $539,000 sqft: 2,970 low | high Med: 1,561 $ / sqft: $311 low | high Med: $347 On site: 77 low | high Med: 49 | |
Market Activity 11961
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Learn More About This Property
| State | NY |
|---|---|
| County | Suffolk County |
| City | Ridge |
| Zip Code | 11961 |
| School District | Longwood High School |
| Elementary School | Ridge Elementary School |
| High School | Longwood High School |
| Listing VS Median (in 11961) | |
Price: $925,000 low | high Med: $539,000 sqft: 2,970 low | high Med: 1,561 $ / sqft: $311 low | high Med: $347 On site: 77 low | high Med: 49 | |
Listing Updated: September 28, 2026 at 8:10:09 PM PDT