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488B Fairway Ct

Ridge, NY 11961

2 bd 2 ba 1,516 sqft Built 1979 Lot 871 sqft condos
Most recent sale
$390,000
May 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 4, 2023 Sold $449,000 Public Record
Jul 22, 2022 Sold $390,000 Public Record
May 16, 2022 Sold $390,000 MLS #3361053
Nov 27, 2021 Listed $399,900 MLS #3361053
Nov 19, 2009 Sold $250,000 Public Record
Dec 7, 1993 Sold $108,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $652 $117 $769 $2,927
2024 $652 $117 $769 $2,766
2023 $707 $117 $824 $5,007
2022 $707 $117 $824 $397
2021 $707 $117 $824 $389
2020 $707 $117 $824 $401
2019 $707 $117 $824 $401
2018 $707 $117 $824 $397
2017 $707 $117 $824 $545
2016 $707 $117 $824 $442
2015 $707 $117 $824 $365
2014 $707 $117 $824 $359
2013 $707 $117 $824 $412
2012 $707 $117 $824 $378
2011 $841 $117 $958 $354
2010 $841 $117 $958 $752
2009 $841 $117 $958 $815
2008 $841 $117 $958 $748
2007 $841 $117 $958 $704
2006 $841 $117 $958 $703

Property facts

Year built
1979
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,516 sqft
Lot size
871 sqft
ZIP code
11961
City
Ridge
Street
Fairway Ct
Coordinates
40.91562, -72.88982

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,340
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 488B Fairway Ct last sell?
488B Fairway Ct most recently sold on May 16, 2022 for $390,000.
What is the current tax assessment for 488B Fairway Ct?
The most recent total assessment for 488B Fairway Ct (year 2025) is $769 with $2,927 in property tax.
How does 488B Fairway Ct's assessment compare to its last sale price?
The current assessment is 99.8% below the last sale price of $390,000.
When was 488B Fairway Ct built?
488B Fairway Ct was built in 1979.
How does 488B Fairway Ct compare to others on Fairway Ct?
We track 8 other properties on Fairway Ct. Browse the list under "Other properties on Fairway Ct" to compare beds, baths, and sale history.
What are the property facts for 488B Fairway Ct?
488B Fairway Ct is a 2 bed, 2 bath, 1,516 sqft, 871 sqft lot condos.
Is 488B Fairway Ct a flip candidate?
No — 488B Fairway Ct does not appear in our flips dataset.
Is 488B Fairway Ct a tax-appeal candidate?
No — 488B Fairway Ct is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-7.0%
Implied 1-yr
-28.1%
2026 Q3
$415K
2026 Q4
$415K
ZIP 11961 — Median Price History + Forecast

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