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Flanders 11901
18 Pine Avenue
$450,000
● House - Off Market

18 Pine Avenue

Flanders, NY 11901
bedrooms
2 Beds
bathrooms
1 Bath
$474,943
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Tranquility awaits you in this 2 bedroom/1bath cottage with MILLION DOLLAR VIEWS !! Recent updates include roof, siding, kitchen, bath "on demand" gas hot water heater ,trek decking and electric. Spray foam insulation throughout . Natural gas. Your private path leads out to the beautiful sandy beach . Melt away spending mornings, afternoons and evenings overlooking the gorgeous Peconic Bay. Artists bring your canvas !!! This won't last !!
Unit Size
-
Days on Market
62 days
Land Size
0.28 acres
Price per sqft
-
Property Type
House
Property Taxes
$363
HOA Dues
-
Year Built
1994

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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 #ONE3322440)

Price History

Date / Event Date Event Price
Aug 18, 2021 Sold
Premium
Sold
Jun 30, 2021 In contract -
In contract
Jun 17, 2021 Listed by Daniel Gale Sothebys Intl Rlty $415,000
Listed by Daniel Gale Sothebys Intl Rlty
Aug 13, 2010 Sold
Premium
Sold

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 572
  • Building Area: 572
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 572
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAY VIEW PINES
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: BLK Q LOT 9-11

Neighborhood

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

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: MAP 1406
  • District: 0900-1
  • Section: 123.00
  • Parcel: 0900-123.00-02.00-014.001
  • Block: 2
  • Lot: 14.001
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9135
  • Longitude: -72.6055

    Address

  • Full Address: 18 Pine Ave
  • Address - House Number: 18
  • Address - Street Name: Pine
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Riverhead
  • Carrier Code: C006
  • 4-Digit Zip Code: 4060
  • Zip Code: 11901

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2545
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 550,713
  • High Value: 690,892
  • Low Value: 410,535

    Market Valuation

  • Market Total Value: $378,849
  • Market Land Value: $267,626
  • Market Improvement Value: $111,223

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $263,300
  • Assessed Land Value: $186,000
  • Assessed Improvements Value: $77,300

    Sales

  • Current Sale Contract Date: Aug 02, 2010
  • Current Sale Recording Date: Aug 13, 2010
  • Current Sale Price:
    Premium
  • Current 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:

$559,999

Sale Price/ft²

$472

Below Asking

0.02%

Average Days on Market

88

Average Home Size

1480 ft²

Average Home Age

52.4 years

Currently For Sale

9 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 31 East Street, Flanders, NY, 11901

$2,850 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
31 East Street, Flanders, NY, 11901 Listing by Rene A. Giacobbe

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 18 Pine Avenue built and last sold?
The property at 18 Pine Avenue was built in 1994 and last sold on Aug 2, 2010 for $240,000.
How much is this home worth?
The estimated value of the home located at 18 Pine Avenue is $0.
What are some comparable homes to 18 Pine Avenue?
There are currently no comparable homes to 18 Pine Avenue.
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