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Wading River 11792
168 Stephen Drive
$685,880
● House - Off Market

168 Stephen Drive

Riverhead, NY 11792
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,000 Ft²
$4,248
Est. Monthly

About This Property

Classic Colonial home with custom touches! Updates throughout, sundrenched, light filled rooms. Updated kitchen w/ white shaker cabinets/SS appliances/stone counters-Hardwood floors, Andersen windows, updated baths, 6 Year roof, Partial finished basement w/home office, 3 zone heat, CAC, washer/dryer on second floor. Spacious enclosed porch, deck and hot tub with private fenced back yard. Pumpkin/Apple picking, farms and winery's in you backyard! 5 minutes to Briarmere Farms. 20 minutes to the Hamptons!, Additional information: Appearance:Mint+
Unit Size
2,000 Ft²
Days on Market
62 days
Land Size
0.48 acres
Price per sqft
$325
Property Type
House
Property Taxes
$1,057
HOA Dues
-
Year Built
1972

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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 #KEYL3546356)

Price History

Date / Event Date Event Price
Jun 25, 2024 Sold
Premium
Sold
Apr 30, 2024 In contract -
In contract
Apr 22, 2024 Listed by Douglas Elliman Real Estate $649,888
Listed by Douglas Elliman Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 6
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 276
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Lot Size Frontage Feet: 1,611
  • Total Building Area: 1,835
  • Building Area: 1,835
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,835
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000480
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: *4892 LOT 14 GREEN SLOPES SEC 1

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: 0600-095.00-02.00-004.000
  • Block: 2
  • Lot: 4.000
  • Municipality: RIVERHEAD
  • Latitude: 40.9286
  • Longitude: -72.8439

    Address

  • Full Address: 168 Stephen Dr
  • Address - House Number: 168
  • Address - Street Name: Stephen
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Wading River
  • Carrier Code: R004
  • 4-Digit Zip Code: 2127
  • Zip Code: 11792

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,171,509
  • Tax Rate Code Area: 473001

    Appraisal Valuation

  • Standard Deviation: 0.2692
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 654,800
  • High Value: 831,080
  • Low Value: 478,519

    Market Valuation

  • Market Total Value: $544,672
  • Market Land Value: $116,254
  • Market Improvement Value: $428,418

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,600
  • Assessed Land Value: $10,800
  • Assessed Improvements Value: $39,800

    Exemptions

  • Homeowner Exemption: Yes
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

95

Average Home Size

2381 ft²

Average Home Age

52.1 years

Currently For Sale

35 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

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 168 Stephen Drive built and last sold?
The property at 168 Stephen Drive was built in 1972 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 168 Stephen Drive is $656,387.
What are some comparable homes to 168 Stephen Drive?
There are currently no comparable homes to 168 Stephen Drive.
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