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Medford 11763 Medford
16 Torrey Pine Lane
$230,000
● House - Off Market

16 Torrey Pine Lane

Brookhaven, NY 11763
bedrooms
3 Beds
bathrooms
1 Bath
$318,767
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Cac! 1 Car Attached Garage! Needs Work!, Additional information: Appearance:Fair
Unit Size
-
Days on Market
-
Land Size
0.31 acres
Price per sqft
-
Property Type
House
Property Taxes
$760
HOA Dues
-
Year Built
1974

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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: 6 months ago (OneKey MLS #KEYL3075848)

Price History

Date / Event Date Event Price
Apr 13, 2021 Sold
Premium
Sold
Jul 10, 2020 Sold
Premium
Sold
Oct 24, 2018 Listed by Green Acre Investment Corp $229,900
Listed by Green Acre Investment Corp
Jan 13, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 1,932
  • Building Area: 1,932
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,932
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TWELVE PINES
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: TWELVE PINES 5699 SEC 6 335

Neighborhood

  • School District Name: Patchogue-Medford Union Free School District
  • School Tax School District: PATCHOGUE-MEDFO
  • Census Tract: 159108

Geography

  • Assessors Map Reference: MAP 2705699
  • Account Number: 00002730435
  • District: 0200-7
  • Section: 774.00
  • Parcel: 0200-774.00-08.00-024.000
  • Block: 8
  • Lot: 24.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.8127
  • Longitude: -72.9677

    Address

  • Full Address: 16 Torrey Pine Ln
  • Address - House Number: 16
  • Address - Street Name: Torrey Pine
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Medford
  • Carrier Code: C008
  • 4-Digit Zip Code: 4213
  • Zip Code: 11763

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472224

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 287,611
  • High Value: 354,183
  • Low Value: 221,038

    Market Valuation

  • Market Total Value: $4,445
  • Market Land Value: $556
  • Market Improvement Value: $3,889

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,400
  • Assessed Land Value: $300
  • Assessed Improvements Value: $2,100

    Sales

  • Current Sale Contract Date: Mar 03, 2021
  • Current Sale Recording Date: Apr 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 13, 2006
  • Previous Sale Contract Date: Dec 22, 2005
  • Previous Sale Amount: $453,300
  • Previous Sale Document Type: 27
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 Medford

Stats & Trends

Median Asking:

$589,990

Sale Price/ft²

$366

Above Asking

0.00%

Average Days on Market

78

Average Home Size

1772 ft²

Average Home Age

51.8 years

Currently For Sale

48 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 317 Robinson Avenue, Patchogue, NY, 11772

$2,350 /mo

  • 1 Bed
  • 1 Bath
  • 708 ft²
317 Robinson Avenue #5, Patchogue, NY, 11772 Listing by Michelle Holmes
Unit for rent at 396 Birchwood Road, Medford, NY, 11763

$2,650 /mo

  • 1 Bed
  • 1 Bath
  • 1,000 ft²
396 Birchwood Road, Medford, NY, 11763 Listing by William R. Tart GRI

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 16 Torreypine Lane built and last sold?
The property at 16 Torreypine Lane was built in 1974 and last sold on Mar 3, 2021 for $466,000.
How much is this home worth?
The estimated value of the home located at 16 Torreypine Lane is $232,199.
What are some comparable homes to 16 Torreypine Lane?
There are currently no comparable homes to 16 Torreypine Lane.
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