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Wading River 11792
101 16th Street
$365,000
● House - Off Market

101 16th Street

Riverhead, NY 11792
bedrooms
2 Beds
bathrooms
1 Bath
square feet
780 Ft²
$379,510
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

HOME SWEET HOME! Great Starter, Retirement or Second Home Right Near Wildwood Park. Extremely Well Maintained Ranch. Updated Kitchen w/Cathedral Ceiling, Hickory Cabinets, Tumble Marble Back Splash, Newer Appl & Pantry. Andersen Windows + 2 Bay Windows Makes this a Bright Home.Updated Bath, Wood Burning Stove in the LR & Central A/C for Summer Comfort. Nice Wide Driveway, Shed for Storage & Weil McLain Gold Burner. Relax or BBQ on the Deck. Watch the Fish in the Pond & Listen to the Sound of the Pond Waterfall. The Yard is Beautifully Landscaped with Lots of Perennials & Ornamental Shrubs. Close to Beaches, Farms, Vineyard & All That the North Fork has to Offer. LOW! LOW! Taxes Makes it Even Better!, Additional information: Appearance:Mint
Unit Size
780 Ft²
Days on Market
98 days
Land Size
0.14 acres
Price per sqft
$468
Property Type
House
Property Taxes
$388
HOA Dues
-
Year Built
1952

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (OneKey MLS #KEYL3403109)

Price History

Date / Event Date Event Price
Oct 27, 2022 Sold
Premium
Sold
Sep 7, 2022 Sold
Premium
Sold
Jul 15, 2022 In contract -
In contract
May 26, 2022 Listed by Signature Premier Properties $364,900
Listed by Signature Premier Properties
Jan 13, 2000 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 600
  • Total Building Area: 480
  • Building Area: 480
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 480
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Riverhead Central School District
  • School Tax School District: RIVERHEAD
  • Census Tract: 169701

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 30
  • District: 0600-0
  • Section: 34.00
  • Parcel: 0600-034.00-01.00-043.000
  • Block: 1
  • Lot: 43.000
  • Municipality: RIVERHEAD
  • Latitude: 40.9598
  • Longitude: -72.8106

    Address

  • Full Address: 101 16th St
  • Address - House Number: 101
  • Address - Street Name: 16th
  • Address - Suffix Type: St
  • State: NY
  • City Name: Wading River
  • Carrier Code: R003
  • 4-Digit Zip Code: 1960
  • Zip Code: 11792

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $399,487
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.1464
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 357,026
  • High Value: 409,312
  • Low Value: 304,740

    Market Valuation

  • Market Total Value: $258,342
  • Market Land Value: $59,203
  • Market Improvement Value: $199,139

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $5,500
  • Assessed Improvements Value: $18,500

    Sales

  • Current Sale Contract Date: Sep 07, 2022
  • Current Sale Recording Date: Oct 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 13, 2000
  • Previous Sale Contract Date: Dec 13, 1999
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: 12
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Wading River

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$369

Below Asking

0.02%

Average Days on Market

95

Average Home Size

2381 ft²

Average Home Age

52.1 years

Currently For Sale

35 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 56b Shady Lane, Wading River, NY, 11792

$1,400 /mo

  • Studio
  • 1 Bath
  • 350 ft²
56b Shady Lane, Wading River, NY, 11792 Listing by Russell Ficken

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 101 16th Street built and last sold?
The property at 101 16th Street was built in 1952 and last sold on Sep 7, 2022 for $365,000.
How much is this home worth?
The estimated value of the home located at 101 16th Street is $368,549.
What are some comparable homes to 101 16th Street?
There are currently no comparable homes to 101 16th Street.
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