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Wading River 11792
18 Wema Road
$363,000
● House - Off Market

18 Wema Road

Riverhead, NY 11792
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,800 Ft²
$572,962
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

Gorgeous New Construction 4 Bedroom 2.5 Bath Colonial Large Eat-In Kitchen W/ Granite And Stainless Steel Appliances Mater Bedroom W/ Master Bath And Wic Beautiful Hard Wood Floors Full Basement W/ Ose 1 Car Garage On Dead End Block Driveway Will Have Bluestone, Additional information: Appearance:Mint,Separate Hotwater Heater:Yes
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$206
Property Type
House
Property Taxes
$102
HOA Dues
-
Year Built
2017

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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 #KEYL2978626)

Price History

Date / Event Date Event Price
Jul 30, 2018 Sold
Premium
Sold
Mar 30, 2018 Sold
Premium
Sold
Oct 15, 2017 Listed by Howard Hanna Coach $369,999
Listed by Howard Hanna Coach
Feb 16, 2017 Sold
Premium
Sold
Mar 24, 2016 Listed by Howard Hanna Coach $49,999
Listed by Howard Hanna Coach

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,835
  • Building Area: 1,835
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,835
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Riverhead Central School District
  • School Tax School District: RIVERHEAD
  • Census Tract: 169701

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 30
  • District: 0600-0
  • Section: 33.00
  • Parcel: 0600-033.00-06.00-015.000
  • Block: 6
  • Lot: 15.000
  • Municipality: RIVERHEAD
  • Latitude: 40.9619
  • Longitude: -72.8134

    Address

  • Full Address: 18 Wema Rd
  • Address - House Number: 18
  • Address - Street Name: Wema
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Wading River
  • Zip Code: 11792

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $972,735
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.2388
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 631,145
  • High Value: 781,912
  • Low Value: 480,377

    Market Valuation

  • Market Total Value: $511,302
  • Market Land Value: $76,426
  • Market Improvement Value: $434,876

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,500
  • Assessed Land Value: $7,100
  • Assessed Improvements Value: $40,400

    Sales

  • Current Sale Contract Date: Mar 30, 2018
  • Current Sale Recording Date: Jul 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 16, 2017
  • Previous Sale Contract Date: Feb 02, 2017
  • Previous Sale Amount: $37,000
  • Previous 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 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

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 Wema Road built and last sold?
The property at 18 Wema Road was built in 2017 and last sold on Mar 30, 2018 for $363,000.
How much is this home worth?
The estimated value of the home located at 18 Wema Road is $386,649.
What are some comparable homes to 18 Wema Road?
There are currently no comparable homes to 18 Wema Road.
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