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Wading River 11792
11 Ravine Road
$515,000
● House - Off Market

11 Ravine Road

Riverhead, NY 11792
bedrooms
3 Beds
bathrooms
1 Bath
$3,060
Est. Monthly

About This Property

Welcome to 11 Ravine Road!! Nestled in a serene location in Wading River. Enjoy the luxury of a private beach just steps away as part of the Wildwood Hills Property Association. Tastefully updated 3 bedroom 1 bathroom ranch offers plenty of space inside and out to entertain and is waiting for you to call it home. Situated on a beautiful landscaped lot with a modern kitchen featuring stainless steel appliances and hardwood flooring throughout. This home is an absolute coastal treasure!! Perfect beach/ summer home or year round home., Additional information: Interior Features:Lr/Dr
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$659
HOA Dues
-
Year Built
1975

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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 #KEYL3518855)

Price History

Date / Event Date Event Price
Jan 31, 2024 Sold
Premium
Sold
Dec 28, 2023 In contract -
In contract
Nov 30, 2023 Listed by Peconic Realty Group LLC $489,000
Listed by Peconic Realty Group LLC
Jan 5, 2017 Sold
Premium
Sold
Dec 6, 2016 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 275
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,033
  • Building Area: 1,033
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,033
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF WILDWOOD HILLS
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: *1210 LOTS 127-131 INC WILDWOOD HILLS

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: 27.00
  • Parcel: 0600-027.00-03.00-088.000
  • Block: 3
  • Lot: 88.000
  • Municipality: RIVERHEAD
  • Latitude: 40.966
  • Longitude: -72.8154

    Address

  • Full Address: 11 Ravine Rd
  • Address - House Number: 11
  • Address - Street Name: Ravine
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Wading River
  • Carrier Code: R003
  • 4-Digit Zip Code: 1323
  • Zip Code: 11792

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $790,406
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 481,984
  • High Value: 551,519
  • Low Value: 412,450

    Market Valuation

  • Market Total Value: $411,195
  • Market Land Value: $80,732
  • Market Improvement Value: $330,463

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,200
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $30,700

    Sales

  • Current Sale Contract Date: Dec 06, 2016
  • Current Sale Recording Date: Jan 05, 2017
  • Current Sale Price:
    Premium
  • Current 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

94

Average Home Size

2349 ft²

Average Home Age

52.8 years

Currently For Sale

34 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: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 11 Ravine Road built and last sold?
The property at 11 Ravine Road was built in 1975 and last sold on Dec 6, 2016 for $285,000.
How much is this home worth?
The estimated value of the home located at 11 Ravine Road is $493,890.
What are some comparable homes to 11 Ravine Road?
There are currently no comparable homes to 11 Ravine Road.
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