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Flanders 11901
1230 Flanders Road
$579,000
● House - Off Market

1230 Flanders Road

Southampton, NY 11901
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$585,712
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Classic 30's Waterview Arts and Crafts style home in Flanders Heritage Corridor. Light and airy with gleaming hardwood floors, solid doors, original built ins, glass door knobs, and architectural details. Welcoming Country kitchen with space for prep and meals, traditional formal dining room featuring built in buffet, and sunny, friendly living room.  Features a first floor BR and a vintage tiled bath, 2 second floor spacious bedrooms and a bath. Barn style 2 car garage. Roof 2yrs old. Adjacent to town preserve property and surrounded by historic homes. Near North Fork wineries & farms, South Fork beaches.  "'AS IS"  Hurry!!!, Additional information: Appearance:Very good,Separate Hotwater Heater:yes
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$362
Property Type
House
Property Taxes
$254
HOA Dues
-
Year Built
1991

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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 #KEYL3383597)

Price History

Date / Event Date Event Price
Jun 28, 2022 Sold
Premium
Sold
Apr 5, 2022 In contract -
In contract
Mar 16, 2022 Listed by Bagshaw Real Estate L.L.C $579,000
Listed by Bagshaw Real Estate L.L.C
Dec 27, 2002 Sold
Premium
Sold

Property Highlights

Garage
With View

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 0
  • 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: 4
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,295
  • Total Building Area: 861
  • Building Area: 861
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 861
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000420
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-GRIGO S-HWY TO RHD E-PENNEY W-GRIGO

Neighborhood

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

Zoning

  • Zoning: R40

Geography

  • District: 0900-1
  • Section: 147.00
  • Parcel: 0900-147.00-01.00-004.000
  • Block: 1
  • Lot: 4.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9035
  • Longitude: -72.6152

    Address

  • Full Address: 1230 Flanders Rd
  • Address - House Number: 1230
  • Address - Street Name: Flanders
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Riverhead
  • Carrier Code: C006
  • 4-Digit Zip Code: 3868
  • Zip Code: 11901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $446,758
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 567,282
  • High Value: 649,123
  • Low Value: 485,442

    Market Valuation

  • Market Total Value: $273,525
  • Market Land Value: $125,324
  • Market Improvement Value: $148,201

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $190,100
  • Assessed Land Value: $87,100
  • Assessed Improvements Value: $103,000

    Sales

  • Current Sale Contract Date: Jun 28, 2022
  • Current Sale Recording Date: Jul 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 27, 2002
  • Previous Sale Contract Date: Dec 09, 2002
  • Previous Sale Amount: $189,900
  • 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 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 211 Longneck Boulevard, Riverhead, NY, 11901

$4,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,700 ft²
211 Longneck Boulevard, Riverhead, NY, 11901 Listing by James Bissett
Unit for rent at 47 Whitebrook Drive, Riverhead, NY, 11901

$4,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
47 Whitebrook Drive, Riverhead, NY, 11901 Listing by Thomas Panebianco

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 1230 Flanders Road built and last sold?
The property at 1230 Flanders Road was built in 1991 and last sold on Jun 28, 2022 for $585,000.
How much is this home worth?
The estimated value of the home located at 1230 Flanders Road is $595,363.
What are some comparable homes to 1230 Flanders Road?
There are currently no comparable homes to 1230 Flanders Road.
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