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Wading River 11792
178 South Road
$410,000
● House - Off Market

178 South Road

Riverhead, NY 11792
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,100 Ft²
$628,944
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Charming Colonial located in Northern Wading River.  This house features 4 Bedrooms, 1.5 Baths, Hardwood Floors throughout, Fireplace, CAC, Large living room, Eik w/ granite counter top and stainless appliances, Vinyl siding under 2 years old, large deck, Full finished basement, large backyard great for families, Sloin Security System, too much to list. Great Community, Close To Long Island Sound Beaches. MUST SEE!, Additional information: Appearance:Great
Unit Size
2,100 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$205
Property Type
House
Property Taxes
$1,100
HOA Dues
-
Year Built
1971

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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 #KEYL3161564)

Price History

Date / Event Date Event Price
Mar 3, 2020 Sold
Premium
Sold
Dec 10, 2019 Sold
Premium
Sold
Oct 1, 2019 In contract -
In contract
Sep 5, 2019 Listed by Rice Realty Group Inc $429,999
Listed by Rice Realty Group Inc
Apr 30, 2007 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 294
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,731
  • Building Area: 1,731
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,731
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: *2800 LOT 32 BEVERLY HILLS 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: 39
  • District: 0600-0
  • Section: 31.00
  • Parcel: 0600-031.00-01.00-008.000
  • Block: 1
  • Lot: 8.000
  • Municipality: RIVERHEAD
  • Latitude: 40.964
  • Longitude: -72.8437

    Address

  • Full Address: 178 South Rd
  • Address - House Number: 178
  • Address - Street Name: South
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Wading River
  • Carrier Code: R005
  • 4-Digit Zip Code: 1018
  • Zip Code: 11792

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,274,112
  • Tax Rate Code Area: 473001

    Appraisal Valuation

  • Standard Deviation: 0.2691
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 646,998
  • High Value: 821,144
  • Low Value: 472,852

    Market Valuation

  • Market Total Value: $546,179
  • Market Land Value: $87,191
  • Market Improvement Value: $458,988

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,740
  • Assessed Land Value: $8,100
  • Assessed Improvements Value: $42,640

    Sales

  • Current Sale Contract Date: Dec 10, 2019
  • Current Sale Recording Date: Mar 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 30, 2007
  • Previous Sale Contract Date: Apr 17, 2007
  • Previous Sale Amount: $365,000
  • 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 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

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 178 South Road built and last sold?
The property at 178 South Road was built in 1971 and last sold on Dec 10, 2019 for $410,000.
How much is this home worth?
The estimated value of the home located at 178 South Road is $448,950.
What are some comparable homes to 178 South Road?
There are currently no comparable homes to 178 South Road.
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