10 Sally Lane, Ridge, NY 11961
$925,000 · 6 bed · 3 bath · 2,970 sq ft · built 1960 · MLS# 1029889 · Active
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…

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Based on information submitted to the MLS GRID as of October 11, 2026 3:30 am. 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.
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Ridge Market Trend
Over the past 2 years, Ridge's median sale price has been uneven, swinging between $385K and $705K from month to month — more a sign of a thin or mixed market than a steady, single-direction trend. Homes here have lately been going under contract in roughly 56 days. Part of why that median has moved unevenly month to month is mix shift — which property types happen to sell. The roughly $455K blended median combines very different types, so a stretch heavy on single-family (around $590K) versus one heavy on condos (around $380K) can swing the all-types figure on its own, independent of any change in value. Of 574 recent sales, condos made up the largest share at about 61% with a median near $380K, single-family about 38% near $590K. Because the most common type sold here is also the lowest-priced, the blended figure tends to sit below the single-family median rather than above it — so a typical single-family house has tended to sell closer to $590K, roughly $134K over the headline number. These are past medians, not predictions or guarantees, and individual properties vary widely; anyone weighing a specific property should review current comparable sales for that property type.
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Looking for off-market opportunities or a property attorney's read on this listing? Contact Joseph DeVito — Lic. R.E. Associate Broker + NY-licensed real estate attorney.
