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East Shoreham 11961 East Shoreham
11 Watermill Way
$595,000
● House - Off Market

11 Watermill Way

Brookhaven, NY 11961
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,508 Ft²
$632,125
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Magnificent Colonial features Hardwood floors throughout,  Entry foyer, Living rm, Formal Dining rm, Updated Eat in kitchen with Granite countertops, Island Stainless steel appliances, plenty of cabinets, Laundry area, 1/2 bath, Large Den with fireplace, Primary bedroom suite with full bathroom double sink vanity, jacuzzi tub, shower w/bench, 3 additional bedrooms, 2nd updated Full Bathroom, Full finished Basement with updated summer kit, updated full bath, ,  2 car attached garage with large circular driveway, Deck,  mature landscaping,200 AMP electric,  New Roof 2022, New Siding  2 yr young Oil furnace with new oil tank. Possible M/D w permits., Additional information: Appearance:Diamond++,Interior Features:Lr/Dr
Unit Size
2,508 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$239
Property Type
House
Property Taxes
$1,151
HOA Dues
-
Year Built
1987

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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: 6 months ago (OneKey MLS #KEYL3418560)

Price History

Date / Event Date Event Price
Jan 23, 2023 Sold
Premium
Sold
Nov 7, 2022 Sold
Premium
Sold
Sep 21, 2022 In contract -
In contract
Sep 8, 2022 Price Decreased $599,000
↓ $30K (4.8%)
Price Decreased
Aug 16, 2022 Relisted $629,000
Relisted
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,056
  • Total Building Area: 2,508
  • Building Area: 2,508
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,508
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JERHAR ESTATES
  • Land Acres: 0000000690
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: JERHAR ESTATES 8246 SEC 1 19

Neighborhood

  • School District Name: Longwood Central School District
  • School Tax School District: LONGWOOD
  • Census Tract: 158411

Geography

  • Assessors Map Reference: MAP 2082460
  • Account Number: 00002080619
  • District: 0200-1
  • Section: 193.00
  • Parcel: 0200-193.00-01.00-001.021
  • Block: 1
  • Lot: 1.021
  • Municipality: BROOKHAVEN
  • Latitude: 40.9223
  • Longitude: -72.886

    Address

  • Full Address: 11 Watermill Way
  • Address - House Number: 11
  • Address - Street Name: Watermill
  • Address - Suffix Type: Way
  • State: NY
  • City Name: Ridge
  • Carrier Code: R009
  • 4-Digit Zip Code: 1720
  • Zip Code: 11961

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472212

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 585,524
  • High Value: 669,996
  • Low Value: 501,052

    Market Valuation

  • Market Total Value: $5,880
  • Market Land Value: $556
  • Market Improvement Value: $5,324

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,175
  • Assessed Land Value: $300
  • Assessed Improvements Value: $2,875

    Sales

  • Current Sale Contract Date: Nov 07, 2022
  • Current Sale Recording Date: Jan 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 08, 2012
  • Previous Sale Contract Date: Apr 27, 2012
  • Previous Sale Amount: $235,000
  • 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 East Shoreham

Stats & Trends

Median Asking:

$732,500

Sale Price/ft²

$353

Below Asking

0.01%

Average Days on Market

96

Average Home Size

2486 ft²

Average Home Age

46.3 years

Currently For Sale

18 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 26 Fox Lane, Shoreham, NY, 11786

$4,750 /mo

  • 4 Beds
  • 3 Baths
  • 1,720 ft²
26 Fox Lane, Shoreham, NY, 11786 Listing by Gina Marie Bettenhauser ABR SRES C
Unit for rent at 406 Woodbridge Drive, Ridge, NY, 11961

$2,275 /mo

  • 1 Bed
  • 1 Bath
  • 720 ft²
406 Woodbridge Drive #B, Ridge, NY, 11961 Listing by Marie P. Bilello

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 11 Watermill Way built and last sold?
The property at 11 Watermill Way was built in 1987 and last sold on Nov 7, 2022 for $595,000.
How much is this home worth?
The estimated value of the home located at 11 Watermill Way is $615,635.
What are some comparable homes to 11 Watermill Way?
There are currently no comparable homes to 11 Watermill Way.
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