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Flanders 11901
124 Riverside Avenue
$570,000
● House - Off Market

124 Riverside Avenue

Southampton, NY 11901
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$591,667
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

, Additional information: Appearance:Excellent,Interior Features:Lr/Dr
Unit Size
1,800 Ft²
Days on Market
64 days
Land Size
0.18 acres
Price per sqft
$331
Property Type
House
Property Taxes
$367
HOA Dues
-
Year Built
2004

Payment Calculator

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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: 5 months ago (OneKey MLS #KEYL3484468)

Price History

Date / Event Date Event Price
Sep 28, 2023 Sold
Premium
Sold
Aug 18, 2023 Sold
Premium
Sold
Aug 16, 2023 In contract -
In contract
Aug 11, 2023 Relisted $595,000
Relisted
Jun 28, 2023 In contract -
In contract
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 7,841
  • Total Building Area: 1,808
  • Building Area: 1,808
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,808
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERSIDE COLONY
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: BLK LOT 83

Neighborhood

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

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: MAP 1382
  • District: 0900-1
  • Section: 143.00
  • Parcel: 0900-143.00-01.00-049.000
  • Block: 1
  • Lot: 49.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9122
  • Longitude: -72.6317

    Address

  • Full Address: 124 Riverside Ave
  • Address - House Number: 124
  • Address - Street Name: Riverside
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Riverhead
  • Carrier Code: C006
  • 4-Digit Zip Code: 3819
  • Zip Code: 11901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $440,676
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 82
  • Final Value: 583,947
  • High Value: 669,051
  • Low Value: 498,843

    Market Valuation

  • Market Total Value: $372,230
  • Market Land Value: $101,439
  • Market Improvement Value: $270,791

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,700
  • Assessed Land Value: $70,500
  • Assessed Improvements Value: $188,200

    Sales

  • Current Sale Contract Date: Aug 18, 2023
  • Current Sale Recording Date: Sep 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 22, 2017
  • Previous Sale Contract Date: Oct 16, 2017
  • Previous Sale Amount: $295,000
  • 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 Flanders

Stats & Trends

Median Asking:

$584,500

Sale Price/ft²

$448

Below Asking

0.02%

Average Days on Market

90

Average Home Size

1276 ft²

Average Home Age

44.9 years

Currently For Sale

12 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 28 Whites Lane, Aquebogue, NY, 11931

$3,500 /mo

  • 2 Beds
  • 1 Bath
  • 700 ft²
28 Whites Lane, Aquebogue, NY, 11931 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
Unit for rent at 331 E Main Street, Riverhead, NY, 11901

$3,500 /mo

  • 1 Bed
  • 1 Bath
  • 850 ft²
331 E Main Street, Riverhead, NY, 11901 Listing by Judi McAvoy

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 124 Riverside Avenue built and last sold?
The property at 124 Riverside Avenue was built in 2004 and last sold on Aug 18, 2023 for $570,000.
How much is this home worth?
The estimated value of the home located at 124 Riverside Avenue is $600,950.
What are some comparable homes to 124 Riverside Avenue?
There are currently no comparable homes to 124 Riverside Avenue.
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