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Cutchogue 11935
17525 County Road 48
$909,000
● House - Off Market

17525 County Road 48

Cutchogue, NY 11935
bedrooms
3 Beds
bathrooms
2 Baths
$5,728
Est. Monthly
15.22%
Cap Rate

About This Property

Large Cutchogue farmhouse w/ high ceilings, 1st fl. offers large open living/dining room, huge playroom/craft room, first floor laundry, office space and large separate den with wood burning stove, full bath, wall of closets.  Second floor offers large primary bedroom with high ceilings, 2 additional bedrooms and full bath. Inground pool, large patio area, huge approx. 1200 sq. ft. accessory building w/large overhead door, 2.06 acres (150 x 600) zoned AC Agriculture Conservation (Residential). This complete package awaits your personal touches w/large rooms, classic details, endless possibilities w/outbuilding & property.
Unit Size
-
Days on Market
201 days
Land Size
2.06 acres
Price per sqft
-
Property Type
House
Property Taxes
$818
HOA Dues
-
Year Built
-

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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: 3 years ago (OneKey MLS #ONE3491434)

Price History

Date / Event Date Event Price
Feb 8, 2024 Sold
Premium
Sold
Oct 11, 2023 In contract -
In contract
Sep 7, 2023 Price Decreased $999,999
↓ $100K (9.1%)
Price Decreased
Jul 22, 2023 Listed by Atlas Sales Realty $1,100,000
Listed by Atlas Sales Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 89,734
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002060
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: BOOK 12268 PAGE 676 BILL 011059

Neighborhood

  • School District Name: Mattituck-Cutchogue Union Free School District
  • School Tax School District: MATTITUCK
  • Census Tract: 170006

Zoning

  • Zoning: AC

Geography

  • Account Number: 13
  • District: 1000-0
  • Section: 95.00
  • Parcel: 1000-095.00-04.00-019.000
  • Block: 4
  • Lot: 19.000
  • Municipality: SOUTHOLD
  • Latitude: 41.0193
  • Longitude: -72.5064

    Address

  • Full Address: 17525 County Road 48
  • Address - House Number: 17525
  • Address - Street Name: County Road 48
  • State: NY
  • City Name: Cutchogue
  • Carrier Code: R002
  • 4-Digit Zip Code: 1070
  • Zip Code: 11935

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $469,712
  • Tax Rate Code Area: 473812

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 955,440
  • High Value: 1,093,279
  • Low Value: 817,601

    Market Valuation

  • Market Total Value: $11,403
  • Market Land Value: $4,035
  • Market Improvement Value: $7,368

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,500
  • Assessed Land Value: $2,300
  • Assessed Improvements Value: $4,200

    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 Cutchogue

Stats & Trends

Median Asking:

$1,450,000

Sale Price/ft²

$621

Below Asking

0.04%

Average Days on Market

114

Average Home Size

2905 ft²

Average Home Age

47 years

Currently For Sale

33 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 530 Stillwater Avenue, Southold, NY, 11935

$15,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
530 Stillwater Avenue, Southold, NY, 11935 Listing by Erin R. Kaelin CBR
Unit for rent at 10450 New Suffolk Avenue, Cutchogue, NY, 11935

$15,000 /mo

  • 4 Beds
  • 3 Baths
  • 3,000 ft²
10450 New Suffolk Avenue, Cutchogue, NY, 11935 Listing by Connie Liappas

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 17525 County Rd 48 built and last sold?
The property at 17525 County Rd 48 was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 17525 County Rd 48 is $0.
What are some comparable homes to 17525 County Rd 48?
There are currently no comparable homes to 17525 County Rd 48.
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