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Jamesport 11948
1497 Peconic Bay Boulevard
Photo of 1497 Peconic Bay Boulevard
Sold on Sep 3, 2026

27

Map

Photo of 1497 Peconic Bay Boulevard
Photo of 1497 Peconic Bay Boulevard
$3,150,000
● House - Off Market

1497 Peconic Bay Boulevard

Riverhead, NY 11948
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,896 Ft²
$17,118
Est. Monthly

About This Property

Life hits differently on Salty Lane. Tucked away on a private street that feels like a well-kept secret, this bayfront beauty delivers exactly what you've been searching for. Authentic waterfront living with genuine substance. The main house has been thoughtfully renovated, offering an open first floor layout, multiple bedrooms, a den, two bathrooms, and a quest cottage for friends or loved ones to stay. Complete with 100 Feet of waterfront and beach, an outdoor shower and multiple patios. Come see this one! Could be you!
Unit Size
1,896 Ft²
Days on Market
64 days
Land Size
0.71 acres
Price per sqft
$1,582
Property Type
House
Property Taxes
$2,387
HOA Dues
-
Year Built
1951

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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: 3 months ago (OneKey MLS #KEY989378)

Price History

Date / Event Date Event Price
Sep 3, 2026 Sold
Premium
Sold
Jul 5, 2026 In contract -
In contract
Jun 18, 2026 Listed by Corcoran $3,000,000
Listed by Corcoran
Jul 14, 2016 Sold
Premium
Sold
Mar 9, 2016 Listed by Corcoran $1,599,000
Listed by Corcoran
Show More

Property Highlights

Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 6
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 30,928
  • Lot Size Frontage Feet: 890
  • Total Building Area: 1,896
  • Gross Building Area: 1,896
  • Building Area: 1,896
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 1,730
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000710
  • Standard Land Use Code: 1110
  • County Land Use Code: 280
  • Legal Description 1: BAYFRONT

Neighborhood

  • School District Name: Mattituck-Cutchogue Union Free School District
  • School Tax School District: MATTITUCK
  • Census Tract: 170003

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 32
  • District: 0600-0
  • Section: 69.00
  • Parcel: 0600-069.00-04.00-006.000
  • Block: 4
  • Lot: 6.000
  • Municipality: RIVERHEAD
  • Latitude: 40.9481
  • Longitude: -72.5592

    Address

  • Full Address: 1497 Peconic Bay Blvd
  • Address - House Number: 1497
  • Address - Street Name: Peconic Bay
  • Address - Suffix Type: Blvd
  • State: NY
  • City Name: Laurel
  • Zip Code: 11948

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,581,694
  • Tax Rate Code Area: 473812

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 1,761,712
  • High Value: 2,169,487
  • Low Value: 1,353,936

    Market Valuation

  • Market Total Value: $1,791,173
  • Market Land Value: $235,737
  • Market Improvement Value: $1,555,436

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $166,400
  • Assessed Land Value: $21,900
  • Assessed Improvements Value: $144,500

    Sales

  • Current Sale Contract Date: Jun 29, 2016
  • Current Sale Recording Date: Jul 14, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Oct 24, 1994
  • Previous Sale Contract Date: Oct 14, 1994
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: 51
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 Jamesport

Stats & Trends

Median Asking:

$959,000

Sale Price/ft²

$511

Below Asking

0.03%

Average Days on Market

101

Average Home Size

2667 ft²

Average Home Age

38.6 years

Currently For Sale

9 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 144 Manor Lane, Jamesport, NY, 11901

$9,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,100 ft²
144 Manor Lane, Jamesport, NY, 11901 Listing by Teresa Rogers CBR
Unit for rent at 400 Wells Road, Southold, NY, 11948

$8,000 /mo

  • 3 Beds
  • 2 Baths
400 Wells Road, Southold, NY, 11948 Listing by Mariah J. Mills
Unit for rent at 7 Eileen Circle, Riverhead, NY, 11901

$10,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,572 ft²
7 Eileen Circle, Riverhead, NY, 11901 Listing by Peter D. Halpin

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1497 Peconic Bay Boulevard built and last sold?
The property at 1497 Peconic Bay Boulevard was built in 1951 and last sold on Jun 29, 2016 for $1,547,500.
How much is this home worth?
The estimated value of the home located at 1497 Peconic Bay Boulevard is $2,938,727.
What are some comparable homes to 1497 Peconic Bay Boulevard?
There are currently no comparable homes to 1497 Peconic Bay Boulevard.
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