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Wading River 11792
16 White Spruce Drive
$485,000
● House - Off Market

16 White Spruce Drive

Riverhead, NY 11792
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$674,547
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Lovingly maintained ranch home situated on .92 acre lot, 2 car attached garage, Formal Dining Room, Formal Living Room,Eat-in kitchen with stainless steel appliances, granite counter tops, 2 sky lights, Den with fireplace, 1/2 bath, laundry, 4 bedrooms total, full bath, Master en~suite, Full basement, 2  above ground oil tanks, wood floors, CAC, CVAC, in-ground pool, 3 car detached garage, greenhouse & more. taxes w/star; 13,726.75 NEW ROOF 6/28/2020 Swing set & Chicken coop NOT included, Additional information: Appearance:Excellent
Unit Size
-
Days on Market
-
Land Size
0.92 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,231
HOA Dues
-
Year Built
1976

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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 months ago (OneKey MLS #KEYL3223839)

Price History

Date / Event Date Event Price
Nov 13, 2020 Sold
Premium
Sold
Sep 29, 2020 Sold
Premium
Sold
Aug 11, 2020 In contract -
In contract
Jun 17, 2020 Listed by Coldwell Banker American Homes $499,000
Listed by Coldwell Banker American Homes
Oct 6, 2014 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 1,116
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 40,075
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 1,851
  • Building Area: 1,851
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,851
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000920
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: *6270 LOT 5 WHITESPRUCE ACRES

Neighborhood

  • School District Name: Shoreham-Wading River Central School District
  • School Tax School District: SHOREHAM-WADING
  • Census Tract: 169701

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 13
  • District: 0600-0
  • Section: 95.00
  • Parcel: 0600-095.00-02.00-001.008
  • Block: 2
  • Lot: 1.008
  • Municipality: RIVERHEAD
  • Latitude: 40.9313
  • Longitude: -72.8435

    Address

  • Full Address: 16 White Spruce Dr
  • Address - House Number: 16
  • Address - Street Name: White Spruce
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Wading River
  • Carrier Code: R004
  • 4-Digit Zip Code: 2143
  • Zip Code: 11792

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,431,771
  • Tax Rate Code Area: 473001

    Appraisal Valuation

  • Standard Deviation: 0.2583
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 63
  • Final Value: 658,773
  • High Value: 828,995
  • Low Value: 488,550

    Market Valuation

  • Market Total Value: $616,039
  • Market Land Value: $148,547
  • Market Improvement Value: $467,492

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,230
  • Assessed Land Value: $13,800
  • Assessed Improvements Value: $43,430

    Sales

  • Current Sale Contract Date: Sep 29, 2020
  • Current Sale Recording Date: Nov 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 06, 2014
  • Previous Sale Contract Date: Sep 24, 2014
  • Previous Sale Amount: $412,000
  • 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 Wading River

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$369

Below Asking

0.02%

Average Days on Market

93

Average Home Size

2247 ft²

Average Home Age

55 years

Currently For Sale

31 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 126 Overhill Road, Wading River, NY, 11792

$7,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
126 Overhill Road, Wading River, NY, 11792 Listing by Mariana Nunes
Unit for rent at 258 Route 25a, Wading River, NY, 11792

$4,825 /mo

  • 4 Beds
  • 2 Baths
  • 1,248 ft²
258 Route 25a, Wading River, NY, 11792 Listing by Priscilla Holloway CBR

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 16 White Spruce Drive built and last sold?
The property at 16 White Spruce Drive was built in 1976 and last sold on Sep 29, 2020 for $485,000.
How much is this home worth?
The estimated value of the home located at 16 White Spruce Drive is $503,990.
What are some comparable homes to 16 White Spruce Drive?
There are currently no comparable homes to 16 White Spruce Drive.
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