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Northville 11901
120 Promenade Drive
$630,000
● House - Off Market

120 Promenade Drive

Riverhead, NY 11901
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,266 Ft²
$701,004
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Plenty of room in this centrally located, four bedroom, two full bath retreat. Enjoy the classic hardwood and tile floors.  An entertainer's haven with a large sunroom, complete with oversized fireplace and floor to ceiling windows. Enjoy morning coffee fireside while looking out onto your acre of property, with plenty of room for a pool, backing up to protected farmland.  Open Floor Plan includes Living room with second fireplace which invites images of cozy evenings with family and friends. Make memories to last a lifetime and enjoy the complete North Fork experience., Additional information: Appearance:Good,Interior Features:Lr/Dr,Separate Hotwater Heater:Yes
Unit Size
2,266 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$304
Property Type
House
Property Taxes
$954
HOA Dues
-
Year Built
1984

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #KEYL3398292)

Price History

Date / Event Date Event Price
Jun 1, 2023 Sold
Premium
Sold
Apr 19, 2023 Sold
Premium
Sold
Dec 27, 2022 In contract -
In contract
Dec 27, 2022 Relisted $689,000
Relisted
Dec 16, 2022 In contract -
In contract
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 336
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,075
  • Lot Size Depth Feet: 3,100
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 1,825
  • Building Area: 1,825
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,825
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP EAST GATE COUNTRY ESTATES
  • Land Acres: 0000000920
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: *6371 LOT 4 EASTGATE COUNTRY ESTATES

Neighborhood

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

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 34
  • District: 0600-0
  • Section: 46.00
  • Parcel: 0600-046.00-01.00-036.004
  • Block: 1
  • Lot: 36.004
  • Municipality: RIVERHEAD
  • Latitude: 40.9617
  • Longitude: -72.6183

    Address

  • Full Address: 120 Promenade Dr
  • Address - House Number: 120
  • Address - Street Name: Promenade
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Riverhead
  • Carrier Code: R002
  • 4-Digit Zip Code: 5538
  • Zip Code: 11901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,141,820
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 654,168
  • High Value: 748,543
  • Low Value: 559,793

    Market Valuation

  • Market Total Value: $608,181
  • Market Land Value: $116,254
  • Market Improvement Value: $491,927

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $56,500
  • Assessed Land Value: $10,800
  • Assessed Improvements Value: $45,700

    Sales

  • Current Sale Contract Date: Apr 19, 2023
  • Current Sale Recording Date: Jun 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 15, 1995
  • Previous Sale Contract Date: Jul 27, 1995
  • Previous Sale Amount: $159,000
  • 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 Northville

Stats & Trends

Median Asking:

$879,000

Sale Price/ft²

$405

Below Asking

0.01%

Average Days on Market

68

Average Home Size

2135 ft²

Average Home Age

102.5 years

Currently For Sale

6 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 807 Union Avenue, Riverhead, NY, 11901

$9,000 /mo

  • 4 Beds
  • 2 Baths
  • 2,552 ft²
807 Union Avenue, Riverhead, NY, 11901 Listing by Harsh Jhaveri

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 120 Promenade Drive built and last sold?
The property at 120 Promenade Drive was built in 1984 and last sold on Apr 19, 2023 for $9,600.
How much is this home worth?
The estimated value of the home located at 120 Promenade Drive is $697,082.
What are some comparable homes to 120 Promenade Drive?
There are currently no comparable homes to 120 Promenade Drive.
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