10 Sally Lane • Ridge, NY 11961

$950,000 Beds: 6 • Baths: 3 full • Sq. Feet: 0 • MLS ID: 810219 • Subdivision:School Dist: Longwood
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. View this listing at: http://www.laffey.com/lid=174657521

Property Features

  • Taxes: $14,356
  • Basement: Yes
  • Wooded: Yes
  • Lot Size: 0.75 Acres
  • Lot Dimensions: 32,670
  • Heating: Oil
  • Cooling: None
  • Year Built: 1960
  • Water: Public
  • Sewer: Cesspool
  • Units: 3
  • On Market Date: 2025-01-06
  • Basement: Bilco Door(s),Partial,Unfinished
  • Building Area Total: 2970
  • Cap Rate: 7
  • House Faces: North
  • Flooring: Laminate
  • Interior Features: First Floor Bedroom,First Floor Full Bath,Eat-in Kitchen
  • Lot Features: Level,Part Wooded
  • Separate Electric Meters: 4
  • Included In Taxes: Trash
  • Heating Units: 3
  • Heating Zones: 3
  • Parking Features: Driveway,Off Street,Private
  • Parking Total: 6
  • Rental Term: Monthly
  • Utilities: See Remarks
  • Seller Concession: Yes

School Information

  • High School: Longwood High School
  • Middle School: Longwood Junior High School
  • Elementary School: Ridge Elementary School
  • School District: Longwood
Printed June 04, 2026


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