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East Shoreham 11786 East Shoreham
11 Cornell Road
$610,000
● House - Off Market

11 Cornell Road

Shoreham, NY 11786
bedrooms
3 Beds
bathrooms
3 Baths
$628,298
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Private beach community of Shoridge Hills! Shoreham Wading River SD. This beautifully updated raised ranch is the one you have been waiting for! Clean and pristine home boasts hardwood floors, crown mouldings, wood burning fireplace, EIK with granite counters, S/S appliances, 4 Season Room, CAC, composite deck, PVC railing, IGS... the list goes on! Master suite with private full bathroom and OSE to deck. Full finished basement with full bath and OSE. Home is great for entertaining with huge yard, lush landscape and sprawling composite deck. Located minutes away from the private beach access! Will not last!
Unit Size
-
Days on Market
134 days
Land Size
0.62 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,059
HOA Dues
-
Year Built
1949

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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 years ago (OneKey MLS #ONE3297997)

Price History

Date / Event Date Event Price
Aug 6, 2021 Sold
Premium
Sold
May 21, 2021 In contract -
In contract
May 14, 2021 Relisted $549,000
Relisted
Apr 22, 2021 In contract -
In contract
Apr 21, 2021 Relisted $549,000
Relisted
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • 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: 9
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,007
  • Total Building Area: 1,647
  • Building Area: 1,647
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,647
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHORIDGE HILLS
  • Land Acres: 0000000620
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: SHORIDGE HILLS 1847 PL 1 40

Neighborhood

  • School District Name: Shoreham-Wading River Central School District
  • School Tax School District: SHOREHAM-WADING
  • Census Tract: 158402

Geography

  • Assessors Map Reference: MAP 1901847
  • Account Number: 00001943460
  • District: 0200-0
  • Section: 38.00
  • Parcel: 0200-038.00-01.00-016.000
  • Block: 1
  • Lot: 16.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.9607
  • Longitude: -72.8869

    Address

  • Full Address: 11 Cornell Rd
  • Address - House Number: 11
  • Address - Street Name: Cornell
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Shoreham
  • Carrier Code: R003
  • 4-Digit Zip Code: 1225
  • Zip Code: 11786

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 473001

    Appraisal Valuation

  • Standard Deviation: 0.2307
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 711,535
  • High Value: 875,721
  • Low Value: 547,349

    Market Valuation

  • Market Total Value: $6,481
  • Market Land Value: $694
  • Market Improvement Value: $5,787

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,500
  • Assessed Land Value: $375
  • Assessed Improvements Value: $3,125

    Sales

  • Current Sale Contract Date: Nov 14, 2008
  • Current Sale Recording Date: Dec 04, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 25, 2008
  • Previous Sale Contract Date: Jan 16, 2008
  • Previous Sale Amount: $376,000
  • Previous Sale Document Type: 27
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 East Shoreham

Stats & Trends

Median Asking:

$745,000

Sale Price/ft²

$352

Below Asking

0.01%

Average Days on Market

96

Average Home Size

2147 ft²

Average Home Age

46.1 years

Currently For Sale

15 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

Rentals Near You

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OneKey

Last Updated: 4 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 11 Cornell Road built and last sold?
The property at 11 Cornell Road was built in 1949 and last sold on Nov 14, 2008 for $485,000.
How much is this home worth?
The estimated value of the home located at 11 Cornell Road is $0.
What are some comparable homes to 11 Cornell Road?
There are currently no comparable homes to 11 Cornell Road.
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