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Wading River 11792
11 3rd Street
$415,000
● House - Off Market

11 3rd Street

Riverhead, NY 11792
bedrooms
3 Beds
bathrooms
2 Baths
square feet
3,000 Ft²
$406,449
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Don't miss out on this incredible opportunity to own a secluded and private raised ranch[3000SQF] with 3-5 bedrooms and 2 full baths. This spacious home boasts a huge den, storage room, and a 1-car garage. Situated within walking distance to a private beach and park, this property offers the perfect blend of tranquility and convenience. While it does require some tender loving care (TLC), the potential is undeniable. Act fast as this gem won't last long!, Additional information: Separate Hotwater Heater:HW
Unit Size
3,000 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$136
Property Type
House
Property Taxes
$750
HOA Dues
-
Year Built
1958

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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: 4 months ago (OneKey MLS #KEYL3486865)

Price History

Date / Event Date Event Price
Nov 7, 2023 Sold
Premium
Sold
Sep 18, 2023 Sold
Premium
Sold
Jul 25, 2023 In contract -
In contract
Jul 10, 2023 Price Decreased $409,000
↓ $6K (1.5%)
Price Decreased
Jun 22, 2023 Listed by Compass Greater NY LLC $415,000
Listed by Compass Greater NY LLC
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,629
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,988
  • Lot Size Depth Feet: 1,000
  • Total Building Area: 3,720
  • Building Area: 3,720
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,720
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000390
  • 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: 33.00
  • Parcel: 0600-033.00-04.00-040.001
  • Block: 4
  • Lot: 40.001
  • Municipality: RIVERHEAD
  • Latitude: 40.9631
  • Longitude: -72.8169

    Address

  • Full Address: 11 3rd St
  • Address - House Number: 11
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: NY
  • City Name: Wading River
  • Carrier Code: R003
  • 4-Digit Zip Code: 1914
  • Zip Code: 11792

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $907,254
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.1458
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 82
  • Final Value: 401,930
  • High Value: 460,567
  • Low Value: 343,293

    Market Valuation

  • Market Total Value: $514,532
  • Market Land Value: $80,732
  • Market Improvement Value: $433,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,800
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $40,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 18, 2023
  • Current Sale Recording Date: Nov 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 22, 2012
  • Previous Sale Contract Date: Jun 15, 2012
  • Previous Sale Amount: $159,000
  • Previous Sale Document Type: 33
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

93

Average Home Size

2247 ft²

Average Home Age

55 years

Currently For Sale

31 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 126 Overhill Road, Wading River, NY, 11792

$7,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
126 Overhill Road, Wading River, NY, 11792 Listing by Mariana Nunes

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 11 3rd Street built and last sold?
The property at 11 3rd Street was built in 1958 and last sold on Sep 18, 2023 for $415,000.
How much is this home worth?
The estimated value of the home located at 11 3rd Street is $453,334.
What are some comparable homes to 11 3rd Street?
There are currently no comparable homes to 11 3rd Street.
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