10 Sally Lane, Ridge, NY 11961
- $925,000
- 6
- BD
- 3
- BA
- List Price
- $925,000
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.
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Listing courtesy of Listing Agent: Carmine Capobianco (ccapobianco@cbamhomes.com) from Listing Office: Coldwell Banker American Homes.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.