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Aquebogue 11901
1117 Main Road
Photo of 1117 Main Road
Sold on Jan 8, 2026

14

Map

Photo of 1117 Main Road
Photo of 1117 Main Road
$2,300,000
● Land - Off Market

1117 Main Road

Riverhead, NY 11901
bedrooms
Studio
bathrooms
0 Bath
$14,446
Est. Monthly
-0.36%
Cap Rate

About This Property

Formerly known as The Kubby Farm. This is a great opportunity to have multiple revenue streams or live/work. Over 24 acres with rural corridor use and Rb-80 zoning. There are multiple buildings on the property in need of TLC, including retail and a 1700's Farmhouse. Surrounded by development rights sold land yet close proximity to many amenities! Some uses include agricultural production, single family dwelling units with a cluster attached subdivision, schools, single & 2 family homes, and multiple special permit uses including bistros and B&B. This is an opportunity not to be missed!
Unit Size
-
Days on Market
412 days
Land Size
24.10 acres
Price per sqft
-
Property Type
Land
Property Taxes
$2,662
HOA Dues
-
Year Built
1770

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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: 11 months ago (OneKey MLS #KEYL3592725)

Price History

Date / Event Date Event Price
Jan 8, 2026 Sold
Premium
Sold
Sep 13, 2025 In contract -
In contract
Nov 22, 2024 Listed by Corcoran $2,400,000
Listed by Corcoran
Nov 1, 2024 No longer available -
No longer available
Apr 19, 2024 Price Decreased $2,900,000
↓ $400K (12.1%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1770
  • Effective Year Built: 1770
  • Building Count: 3
  • Total Rooms: 14
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 275
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,049,796
  • Total Building Area: 3,511
  • Gross Building Area: 3,511
  • Building Area: 3,511
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,511
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000024100
  • Standard Land Use Code: 1008
  • County Land Use Code: 140
  • Legal Description 1: NX MAIN RD EX ANDRSZKWCZ S X LIRR W X CONKLIN

Neighborhood

  • School District Name: Riverhead Central School District
  • School Tax School District: RIVERHEAD
  • Census Tract: 169906

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 18
  • District: 0600-0
  • Section: 68.00
  • Parcel: 0600-068.00-03.00-002.000
  • Block: 3
  • Lot: 2.000
  • Municipality: RIVERHEAD
  • Latitude: 40.9479
  • Longitude: -72.6018

    Address

  • Full Address: 1117 Main Rd
  • Address - House Number: 1117
  • Address - Street Name: Main
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Riverhead
  • Carrier Code: R002
  • 4-Digit Zip Code: 5716
  • Zip Code: 11901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,991,754
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.2386
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 52
  • Final Value: 1,711,005
  • High Value: 2,119,285
  • Low Value: 1,302,724

    Market Valuation

  • Market Total Value: $1,660,926
  • Market Land Value: $778,256
  • Market Improvement Value: $882,670

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $154,300
  • Assessed Land Value: $72,300
  • Assessed Improvements Value: $82,000

    Sales

  • Current Sale Contract Date: Nov 30, 2001
  • Current Sale Recording Date: Jan 03, 2002
  • 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 Aquebogue

Stats & Trends

Median Asking:

$899,500

Sale Price/ft²

$515

Below Asking

0.05%

Average Days on Market

96

Average Home Size

4460 ft²

Average Home Age

28.9 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

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 11 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1117 Main Road built and last sold?
The property at 1117 Main Road was built in 1770 and last sold on Nov 30, 2001 for $1,625,000.
How much is this home worth?
The estimated value of the home located at 1117 Main Road is $0.
What are some comparable homes to 1117 Main Road?
There are currently no comparable homes to 1117 Main Road.
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