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Jamesport 11947
1519 Main Road
$340,000
● Land - Off Market

1519 Main Road

Jamesport, NY 11901
bedrooms
Studio
bathrooms
0 Bath
$365,186
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

This property is set in the heart of Jamesport, on well-traveled Main Road, with it's high visibility and desirability. It is located in the (RLC) Zone, Rural Corridor, which offers many opportunities to build an Antique or Craft Store, Retail Store or Shop, Office, Medical Facility, Single-Family and/or Two-Family home, a Nursery or maintain for Agricultural Production. This is truly the Gateway to the North Fork's Farm and Wine Country and its Rural communities. Build your business venture on this property alongside your very own Home, Sweet, Home! Live, Work and Play all in one quaint and sought-after community!
Unit Size
-
Days on Market
-
Land Size
0.65 acres
Price per sqft
-
Property Type
Land
Property Taxes
$204
HOA Dues
-
Year Built
-

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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: 4 years ago (OneKey MLS #3395244)

Price History

Date / Event Date Event Price
Nov 18, 2022 Sold
Premium
Sold
Oct 5, 2022 Sold
Premium
Sold
May 28, 2022 In contract -
In contract
Apr 28, 2022 Listed by Coldwell Banker Reliable R E $349,000
Listed by Coldwell Banker Reliable R E
Nov 18, 2021 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,314
  • Lot Size Frontage Feet: 1,387
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000650
  • Standard Land Use Code: 8002
  • County Land Use Code: 330
  • Legal Description 1: NX MAIN RD EX DNSIESKI SX NYS W X JANIS

Neighborhood

  • School District Name: Riverhead Central School District
  • School Tax School District: RIVERHEAD
  • Census Tract: 169800

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 31
  • District: 0600-0
  • Section: 68.00
  • Parcel: 0600-068.00-04.00-059.003
  • Block: 4
  • Lot: 59.003
  • Municipality: RIVERHEAD
  • Latitude: 40.9482
  • Longitude: -72.5835

    Address

  • Full Address: 1519 Main Rd
  • Address - House Number: 1519
  • Address - Street Name: Main
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Riverhead
  • Zip Code: 11901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $125,060
  • Tax Rate Code Area: 473002

    Market Valuation

  • Market Total Value: $138,859
  • Market Land Value: $138,859

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,900
  • Assessed Land Value: $12,900

    Sales

  • Current Sale Contract Date: Oct 04, 2022
  • Current Sale Recording Date: Nov 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 02, 2000
  • Previous Sale Contract Date: Sep 01, 2000
  • Previous Sale Amount: $52,500
  • 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 Jamesport

Stats & Trends

Median Asking:

$924,500

Sale Price/ft²

$513

Below Asking

0.03%

Average Days on Market

94

Average Home Size

2493 ft²

Average Home Age

60 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: 4 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1519 Main Road built and last sold?
The property at 1519 Main Road was built in and last sold on Oct 4, 2022 for $340,000.
How much is this home worth?
The estimated value of the home located at 1519 Main Road is $0.
What are some comparable homes to 1519 Main Road?
There are currently no comparable homes to 1519 Main Road.
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