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Flanders 11901
16 Hill Drive
$385,000
● House - Off Market

16 Hill Drive

Riverhead, NY 11901
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,536 Ft²
$589,659
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Immaculate 4 Br 2 Story Year Round Home Located In A Soundfront Beach Community With Deeded Beach Rights. Ideal Summer/Weekend Getaway. Hardwood Floors, Granite Counter Tops, Sun Room, And Shed. Private Yard Backing Preserved Land. Close To All!, Additional information: Appearance:Excellent
Unit Size
1,536 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$253
Property Type
House
Property Taxes
$621
HOA Dues
-
Year Built
1951

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 months ago (OneKey MLS #KEYL3019108)

Price History

Date / Event Date Event Price
Feb 23, 2022 Sold
Premium
Sold
Aug 8, 2018 Sold
Premium
Sold
Jun 26, 2018 Sold
Premium
Sold
Apr 10, 2018 Listed by Bagshaw Real Estate L.L.C $389,000
Listed by Bagshaw Real Estate L.L.C
Sep 2, 2017 Listed by Bagshaw Real Estate L.L.C $399,000
Listed by Bagshaw Real Estate L.L.C
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,536
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: *1276 REEVES PK ESTS LOT 58

Neighborhood

  • School District Name: Riverhead Central School District
  • School Tax School District: RIVERHEAD
  • Census Tract: 169703

Zoning

  • Zoning: 03 - MULTI

Geography

  • Account Number: 21
  • District: 0600-0
  • Section: 16.00
  • Parcel: 0600-016.00-01.00-008.000
  • Block: 1
  • Lot: 8.000
  • Municipality: RIVERHEAD
  • Latitude: 40.9711
  • Longitude: -72.7096

    Address

  • Full Address: 16 Hill Dr
  • Address - House Number: 16
  • Address - Street Name: Hill
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Riverhead
  • Carrier Code: R001
  • 4-Digit Zip Code: 1045
  • Zip Code: 11901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $906,177
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.2545
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 644,754
  • High Value: 808,870
  • Low Value: 480,639

    Market Valuation

  • Market Total Value: $477,933
  • Market Land Value: $51,668
  • Market Improvement Value: $426,265

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,400
  • Assessed Land Value: $4,800
  • Assessed Improvements Value: $39,600

    Sales

  • Current Sale Contract Date: Jun 26, 2018
  • Current Sale Recording Date: Aug 08, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 07, 2004
  • Previous Sale Contract Date: Nov 21, 2003
  • Previous Sale Amount: $255,000
  • 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 Flanders

Stats & Trends

Median Asking:

$564,500

Sale Price/ft²

$459

Below Asking

0.02%

Average Days on Market

90

Average Home Size

1442 ft²

Average Home Age

47.7 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

Rentals Near You

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OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 16 Hill Drive built and last sold?
The property at 16 Hill Drive was built in 1951 and last sold on Jun 26, 2018 for $385,000.
How much is this home worth?
The estimated value of the home located at 16 Hill Drive is $0.
What are some comparable homes to 16 Hill Drive?
There are currently no comparable homes to 16 Hill Drive.
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