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Riverhead 11901
18 Lincoln Street
$560,000
● House - Off Market

18 Lincoln Street

Riverhead, NY 11901
bedrooms
4 Beds
bathrooms
2 Baths
$3,382
Est. Monthly
53.15%
Cap Rate

About This Property

Tons of potential in this charming updated home with old world charm. This home features an Eat in Kitchen, formal dining room, Living room, Full basement with entertainment center, 3 bedrooms and a possible 4th bedroom or den. Large fenced Back yard with a 1 car detached garage.   Located close to all down town Riverhead has to offer and also close to East End destinations.  Easy access to highway and the LIRR Riverhead Train Station is right around the corner. This home has sewers and natural gas., Additional information: Appearance:Excellent
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$686
HOA Dues
-
Year Built
1922

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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: 6 months ago (OneKey MLS #KEYL3581044)

Price History

Date / Event Date Event Price
Dec 27, 2024 Sold
Premium
Sold
Sep 25, 2024 Listed by H & G Realty New York $549,000
Listed by H & G Realty New York
Aug 22, 2003 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • 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: 4
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,474
  • Building Area: 1,474
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,474
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 63 0000 3

Neighborhood

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

Zoning

  • Zoning: 03 - MULTI

Geography

  • Account Number: 04
  • District: 0600-1
  • Section: 126.00
  • Parcel: 0600-126.00-01.00-048.000
  • Block: 1
  • Lot: 48.000
  • Municipality: RIVERHEAD
  • Latitude: 40.9223
  • Longitude: -72.6662

    Address

  • Full Address: 18 Lincoln St
  • Address - House Number: 18
  • Address - Street Name: Lincoln
  • Address - Suffix Type: St
  • State: NY
  • City Name: Riverhead
  • Carrier Code: C003
  • 4-Digit Zip Code: 2716
  • Zip Code: 11901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $802,218
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 504,015
  • High Value: 620,677
  • Low Value: 387,352

    Market Valuation

  • Market Total Value: $391,819
  • Market Land Value: $66,738
  • Market Improvement Value: $325,081

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,400
  • Assessed Land Value: $6,200
  • Assessed Improvements Value: $30,200

    Sales

  • Current Sale Contract Date: Aug 04, 2003
  • Current Sale Recording Date: Aug 22, 2003
  • 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 Riverhead

Stats & Trends

Median Asking:

$579,999

Sale Price/ft²

$394

Below Asking

0.01%

Average Days on Market

86

Average Home Size

1829 ft²

Average Home Age

61.3 years

Currently For Sale

40 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

Rentals Near You

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OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 18 Lincoln Street built and last sold?
The property at 18 Lincoln Street was built in 1922 and last sold on Aug 4, 2003 for $288,000.
How much is this home worth?
The estimated value of the home located at 18 Lincoln Street is $0.
What are some comparable homes to 18 Lincoln Street?
There are currently no comparable homes to 18 Lincoln Street.
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