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Flanders 11901
125 Oak Avenue
$280,000
● House - Off Market

125 Oak Avenue

Riverhead, NY 11901
bedrooms
2 Beds
bathrooms
1 Bath
square feet
708 Ft²
$311,941
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Single Family Ranch with a full basement.  Double Driveway with a one car garage.  Private backyard with fence. Additional Information: HeatingFuel:Oil Below Ground,ParkingFeatures:1 Car Attached,
Unit Size
708 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$381
Property Type
House
Property Taxes
$189
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: 5 months ago (OneKey MLS #KEYH6094097)

Price History

Date / Event Date Event Price
Aug 30, 2021 Sold
Premium
Sold
Jul 13, 2021 Sold
Premium
Sold
Mar 24, 2021 In contract -
In contract
Jan 29, 2021 Listed by Opulence Realty Group $269,900
Listed by Opulence Realty Group
May 7, 2003 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • 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: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 708
  • Building Area: 708
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 708
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERSIDE ESTATES
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: BLK 6 LOT 273

Neighborhood

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

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: MAP 1447
  • District: 0900-1
  • Section: 145.00
  • Parcel: 0900-145.00-01.00-040.000
  • Block: 1
  • Lot: 40.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9057
  • Longitude: -72.6285

    Address

  • Full Address: 125 Oak Ave
  • Address - House Number: 125
  • Address - Street Name: Oak
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Riverhead
  • Carrier Code: C011
  • 4-Digit Zip Code: 4273
  • Zip Code: 11901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $306,226
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.2545
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 442,890
  • High Value: 555,623
  • Low Value: 330,157

    Market Valuation

  • Market Total Value: $256,259
  • Market Land Value: $105,324
  • Market Improvement Value: $150,935

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $178,100
  • Assessed Land Value: $73,200
  • Assessed Improvements Value: $104,900

    Sales

  • Current Sale Contract Date: Jul 13, 2021
  • Current Sale Recording Date: Aug 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 07, 2003
  • Previous Sale Contract Date: Apr 28, 2003
  • Previous Sale Amount: $160,000
  • 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:

$584,500

Sale Price/ft²

$454

Below Asking

0.02%

Average Days on Market

90

Average Home Size

1301 ft²

Average Home Age

48 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 331 E Main Street, Riverhead, NY, 11901

$3,750 /mo

  • 1 Bed
  • 1 Bath
  • 712 ft²
331 E Main Street #404, Riverhead, NY, 11901 Listing by Judi McAvoy
Unit for rent at 525 Riverleigh Avenue, Riverhead, NY, 11901

$2,100 /mo

  • 1 Bed
  • 1 Bath
  • 1,200 ft²
525 Riverleigh Avenue #C8, Riverhead, NY, 11901 Listing by Todd Romano CBR

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 125 Oak Avenue built and last sold?
The property at 125 Oak Avenue was built in 1991 and last sold on Jul 13, 2021 for $280,000.
How much is this home worth?
The estimated value of the home located at 125 Oak Avenue is $278,957.
What are some comparable homes to 125 Oak Avenue?
There are currently no comparable homes to 125 Oak Avenue.
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