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Flanders 11901
1381 Flanders Road
$465,000
● House - Off Market

1381 Flanders Road

Southampton, NY 11901
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,012 Ft²
$678,020
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Plenty of privacy comes with this 1000+Sq.ft. starter home and 420 s.f barn on 1.4 acre.  Surrounded on two sides by Suffolk County wooded Parkland, this home Includes 2 BR, LR w/fpl, kitchen, full bath, and enclosed porch. Sliders onto rear deck overlooking Koi pond and plenty of rear yard. Low taxes!  Private Marina 1/3 mile. Rent a boat slip, and walk to bay at the end of the road. Close to shopping, ocean beaches, N.F. farms and vineyards.  Please do not enter property without Agent!, Additional information: Appearance:good,Business Located At:,Rental Income:,Separate Hotwater Heater:No
Unit Size
1,012 Ft²
Days on Market
-
Land Size
1.42 acres
Price per sqft
$489
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: 5 months ago (OneKey MLS #KEYL3166981)

Price History

Date / Event Date Event Price
Aug 18, 2020 Sold
Premium
Sold
May 13, 2020 In contract -
In contract
Oct 28, 2019 Price Decreased $495,000
↓ $30K (5.7%)
Price Decreased
Oct 2, 2019 Price Increased $525,000
↑ $30K (6.1%)
Price Increased
Sep 23, 2019 Listed by Bagshaw Real Estate L.L.C $495,000
Listed by Bagshaw Real Estate L.L.C

Property Highlights

Fireplace

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: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 434
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,977
  • Total Building Area: 1,012
  • Building Area: 1,012
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,012
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000780
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-FLANDERS RD S-HARRIS E-BROWN W-CEMETERY

Neighborhood

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

Zoning

  • Zoning: CR60

Geography

  • District: 0900-1
  • Section: 170.00
  • Parcel: 0900-170.00-01.00-033.000
  • Block: 1
  • Lot: 33.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9036
  • Longitude: -72.6128

    Address

  • Full Address: 1381 Flanders Rd
  • Address - House Number: 1381
  • Address - Street Name: Flanders
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Riverhead
  • Carrier Code: C006
  • 4-Digit Zip Code: 4316
  • Zip Code: 11901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $308,490
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.2266
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 569,595
  • High Value: 698,719
  • Low Value: 440,472

    Market Valuation

  • Market Total Value: $260,576
  • Market Land Value: $137,554
  • Market Improvement Value: $123,022

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $181,100
  • Assessed Land Value: $95,600
  • Assessed Improvements Value: $85,500
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

1219 ft²

Average Home Age

52.2 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

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OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1381 Flanders Road built and last sold?
The property at 1381 Flanders Road was built in 1991 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1381 Flanders Road is $501,385.
What are some comparable homes to 1381 Flanders Road?
There are currently no comparable homes to 1381 Flanders Road.
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