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Flanders 11901
111 Royal Avenue
$285,000
● House - Off Market

111 Royal Avenue

Southampton, NY 11901
bedrooms
2 Beds
bathrooms
1 Bath
square feet
688 Ft²
$317,795
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Charming home located in the prestigious Bay View Pines Community.  A short distance from Peconic Bay, this home has deeded beach rights.  This cozy two bedroom home has an eat in kitchen, living room and two bedrooms.   Wood floors throughout.  Spacious yard with patio and shed.  In-ground sprinklers & flag pole.  Super low taxes! Long driveway can accommodate multiple vehicles.   Make yourself at home in this lovely beach community., Additional information: Interior Features:Lr/Dr
Unit Size
688 Ft²
Days on Market
498 days
Land Size
0.18 acres
Price per sqft
$414
Property Type
House
Property Taxes
$286
HOA Dues
-
Year Built
2002

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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 #KEYL3228471)

Price History

Date / Event Date Event Price
Nov 10, 2021 Sold
Premium
Sold
Dec 5, 2020 Relisted $285,000
Relisted
Nov 23, 2020 In contract -
In contract
Nov 11, 2020 Relisted $285,000
Relisted
Aug 12, 2020 In contract -
In contract
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • 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: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 688
  • Building Area: 688
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 688
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAY VIEW ACRES
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: BLK LOT 291-294

Neighborhood

  • School District Name: Riverhead Central School District
  • School Tax School District: RIVERHEAD
  • Census Tract: 190405

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: MAP 1563
  • District: 0900-1
  • Section: 148.00
  • Parcel: 0900-148.00-02.00-041.000
  • Block: 2
  • Lot: 41.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9077
  • Longitude: -72.6065

    Address

  • Full Address: 111 Royal Ave
  • Address - House Number: 111
  • Address - Street Name: Royal
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Riverhead
  • Carrier Code: C006
  • 4-Digit Zip Code: 4321
  • Zip Code: 11901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.2519
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 461,013
  • High Value: 577,157
  • Low Value: 344,869

    Market Valuation

  • Market Total Value: $307,050
  • Market Land Value: $177,554
  • Market Improvement Value: $129,496

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $213,400
  • Assessed Land Value: $123,400
  • Assessed Improvements Value: $90,000
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 Flanders

Stats & Trends

Median Asking:

$564,500

Sale Price/ft²

$459

Below Asking

0.02%

Average Days on Market

90

Average Home Size

1442 ft²

Average Home Age

47.7 years

Currently For Sale

10 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 61 Brookside, Riverhead, NY, 11947

$4,000 /mo

  • 4 Beds
  • 3 Baths
  • 1,700 ft²
61 Brookside, Riverhead, NY, 11947 Listing by Kathy Van Duzer

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 111 Royal Avenue built and last sold?
The property at 111 Royal Avenue was built in 2002 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 111 Royal Avenue is $291,888.
What are some comparable homes to 111 Royal Avenue?
There are currently no comparable homes to 111 Royal Avenue.
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