1375 W Main Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Jan 30, 2026 | In contract | - | |
| In contract | |||
| Dec 17, 2025 | Listed by Douglas Elliman Real Estate | $745,000 | |
| Listed by Douglas Elliman Real Estate | |||
   | |||
|
Updated waterfront cottage with dock on the Peconic River, ideally located on West Main Street in Riverhead and offering a strong rental history. Originally built in 1939, this two-story home features 2 bedrooms and 2 full baths with approximately 1,032 square feet of living space and beautiful water views throughout. The main level includes an eat-in kitchen with granite countertops and stainless steel appliances, a living and dining area, two bedrooms, and a full bath. A welcoming foyer provides the perfect space for a home office. The finished walk-out lower level offers a recreation room, full bath, laundry, and a flexible art studio or multi-purpose space, ideal for summer entertaining. Enjoy exceptional outdoor living with a covered front porch, back deck, patio, yard, and private 12’ x 16’ dock. Additional highlights include central air conditioning, gas hot-air heat, hardwood floors, rear brick patio, storage shed, ample parking, and a .19-acre waterfront setting. A rare opportunity for personal enjoyment, rental income, or both perfect for all your East End activities.
| |||
| Mar 3, 2021 | Sold | ||
| Sold | |||
| Jan 15, 2021 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Calverton
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Data Source: OneKey MLS
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017