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Aquebogue 11901
161 Shade Tree Lane
$349,000
● House - Off Market

161 Shade Tree Lane

Riverhead, NY 11901
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,516 Ft²
$555,763
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

Mint Condition Home In Aquebogue With 2 Bedrooms On Park-Like Half Acre. Attached 1 Car Garage And Full Basement. Bright Sun Room With Heat And Tile Floor And Custom Solar Shades. Living Room With Gas Fireplace Opens To Dining Room And Kitchen. Upstairs Are 2 Bedrooms And New Bath. Lots Of Natural Light Through Home, Cvac And New Roof In 2012. Must See This Home., Additional information: Appearance:Excellent,Separate Hotwater Heater:No
Unit Size
1,516 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$230
Property Type
House
Property Taxes
$615
HOA Dues
-
Year Built
1992

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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: 5 months ago (OneKey MLS #KEYL2944090)

Price History

Date / Event Date Event Price
Oct 11, 2017 Sold
Premium
Sold
Jun 5, 2017 Listed by Douglas Elliman Real Estate $349,000
Listed by Douglas Elliman Real Estate

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Lot Size Frontage Feet: 2,056
  • Total Building Area: 1,516
  • Building Area: 1,516
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,516
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF SALVATORE SICA
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT 16 SALVATORE SICA MAP 8133

Neighborhood

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

Zoning

  • Zoning: RA40

Geography

  • Account Number: 78
  • District: 0600-0
  • Section: 85.00
  • Parcel: 0600-085.00-04.00-016.000
  • Block: 4
  • Lot: 16.000
  • Municipality: RIVERHEAD
  • Latitude: 40.9375
  • Longitude: -72.6327

    Address

  • Full Address: 161 Shade Tree Ln
  • Address - House Number: 161
  • Address - Street Name: Shade Tree
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Riverhead
  • Zip Code: 11901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $828,279
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.2738
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 60
  • Final Value: 633,230
  • High Value: 806,622
  • Low Value: 459,837

    Market Valuation

  • Market Total Value: $434,876
  • Market Land Value: $116,254
  • Market Improvement Value: $318,622

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,400
  • Assessed Land Value: $10,800
  • Assessed Improvements Value: $29,600

    Sales

  • Current Sale Contract Date: Sep 26, 2017
  • Current Sale Recording Date: Oct 11, 2017
  • Current Sale Price:
    Premium
  • Current 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 Aquebogue

Stats & Trends

Median Asking:

$899,500

Sale Price/ft²

$515

Below Asking

0.05%

Average Days on Market

92

Average Home Size

3881 ft²

Average Home Age

39.5 years

Currently For Sale

13 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 807 Union Avenue, Riverhead, NY, 11901

$9,000 /mo

  • 4 Beds
  • 2 Baths
  • 2,552 ft²
807 Union Avenue, Riverhead, NY, 11901 Listing by Harsh Jhaveri
Unit for rent at 331 E Main Street, Riverhead, NY, 11901

$3,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
331 E Main Street, Riverhead, NY, 11901 Listing by Judi McAvoy

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 161 Shade Tree Lane built and last sold?
The property at 161 Shade Tree Lane was built in 1992 and last sold on Sep 26, 2017 for $349,000.
How much is this home worth?
The estimated value of the home located at 161 Shade Tree Lane is $352,490.
What are some comparable homes to 161 Shade Tree Lane?
There are currently no comparable homes to 161 Shade Tree Lane.
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