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Rocky Point 11778 Rocky Point
16 Cedar Road
$352,500
● House - Off Market

16 Cedar Road

Rocky Point, NY 11778
bedrooms
2 Beds
bathrooms
1 Bath
$388,996
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

This unique opportunity of a house sitting on a 1/2 acre just 3 doors from the beach will not last long. There is a massive yard that grants the opportunity to expand this house into your dream home while also keeping a huge yard to entertain. If the yard isn't enough, then walk down to the beach where you can see an amazing sunset. The home features vaulted ceilings, a large master, and a HUGE deck with a extended tv room on it.
Unit Size
-
Days on Market
86 days
Land Size
0.46 acres
Price per sqft
-
Property Type
House
Property Taxes
$727
HOA Dues
-
Year Built
1942

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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 years ago (OneKey MLS #ONE3315601)

Price History

Date / Event Date Event Price
Aug 20, 2021 Sold
Premium
Sold
Jul 2, 2021 In contract -
In contract
May 26, 2021 Listed by Aliano Real Estate $339,900
Listed by Aliano Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 1,236
  • Building Area: 1,236
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,236
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH SHORE BEACH
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: NORTH SHORE BEACH 1015 SEC A 252 TO 261 INC

Neighborhood

  • School District Name: Rocky Point Union Free School District
  • School Tax School District: ROCKY POINT
  • Census Tract: 158407

Geography

  • Assessors Map Reference: MAP 1501015
  • Account Number: 00001504000
  • District: 0200-0
  • Section: 33.00
  • Parcel: 0200-033.00-06.00-042.000
  • Block: 6
  • Lot: 42.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.9613
  • Longitude: -72.9358

    Address

  • Full Address: 16 Cedar Rd
  • Address - House Number: 16
  • Address - Street Name: Cedar
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Rocky Point
  • Carrier Code: R003
  • 4-Digit Zip Code: 8934
  • Zip Code: 11778

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472209

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 379,135
  • High Value: 466,891
  • Low Value: 291,378

    Market Valuation

  • Market Total Value: $3,722
  • Market Land Value: $741
  • Market Improvement Value: $2,981

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,010
  • Assessed Land Value: $400
  • Assessed Improvements Value: $1,610
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 Rocky Point

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$386

Below Asking

0.01%

Average Days on Market

86

Average Home Size

1430 ft²

Average Home Age

62 years

Currently For Sale

44 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 48 Maple Road, Rocky Point, NY, 11778

$3,100 /mo

  • 3 Beds
  • 1 Bath
  • 825 ft²
48 Maple Road, Rocky Point, NY, 11778 Listing by Joseph Cordani CBR

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 16 Cedar Road built and last sold?
The property at 16 Cedar Road was built in 1942 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 16 Cedar Road is $0.
What are some comparable homes to 16 Cedar Road?
There are currently no comparable homes to 16 Cedar Road.
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