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Flanders 11901
18 Netz
$570,000
● House - Off Market

18 Netz

Southampton, NY 11901
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$547,854
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

*** Contract vendee *** "As-is" sale. Sold Occupied, No interior access. Waterfront property.  Great for investor, flipper, handyman. Cash offers.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$344
Property Type
House
Property Taxes
$447
HOA Dues
-
Year Built
1991

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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 #KEYL3505604)

Price History

Date / Event Date Event Price
Dec 14, 2023 Sold
Premium
Sold
Oct 17, 2023 Sold
Premium
Sold
Sep 27, 2023 In contract -
In contract
Sep 20, 2023 Listed by New Door Properties LLC $549,900
Listed by New Door Properties LLC
Jul 5, 2006 Sold
Premium
Sold

Property Highlights

Garage
With View

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 374
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 1,600
  • Building Area: 1,600
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,600
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NETZ CAMP SITES
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: BLK LOT 5-6

Neighborhood

  • School District Name: Riverhead Central School District
  • School Tax School District: RIVERHEAD
  • Census Tract: 190405

Zoning

  • Zoning: R40

Geography

  • Assessors Map Reference: MAP 739
  • District: 0900-1
  • Section: 147.00
  • Parcel: 0900-147.00-01.00-019.001
  • Block: 1
  • Lot: 19.001
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9069
  • Longitude: -72.6139

    Address

  • Full Address: 18 Netz Pl
  • Address - House Number: 18
  • Address - Street Name: Netz
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Riverhead
  • Carrier Code: C006
  • 4-Digit Zip Code: 4317
  • Zip Code: 11901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.1464
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 540,330
  • High Value: 619,461
  • Low Value: 461,199

    Market Valuation

  • Market Total Value: $452,662
  • Market Land Value: $185,468
  • Market Improvement Value: $267,194

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $314,600
  • Assessed Land Value: $128,900
  • Assessed Improvements Value: $185,700

    Sales

  • Current Sale Contract Date: Oct 13, 2022
  • Current Sale Recording Date: Dec 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 05, 2006
  • Previous Sale Contract Date: Jul 05, 2006
  • Previous Sale Amount: $665,000
  • 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 Flanders

Stats & Trends

Median Asking:

$564,500

Sale Price/ft²

$459

Below Asking

0.02%

Average Days on Market

90

Average Home Size

1442 ft²

Average Home Age

47.7 years

Currently For Sale

10 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 61 Brookside, Riverhead, NY, 11947

$4,000 /mo

  • 4 Beds
  • 3 Baths
  • 1,700 ft²
61 Brookside, Riverhead, NY, 11947 Listing by Kathy Van Duzer

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 18 Netz Place built and last sold?
The property at 18 Netz Place was built in 1991 and last sold on Oct 13, 2022 for $570,000.
How much is this home worth?
The estimated value of the home located at 18 Netz Place is $573,162.
What are some comparable homes to 18 Netz Place?
There are currently no comparable homes to 18 Netz Place.
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