43
Map
$1,545,000
●
House -
In Contract
184 Phillips Lane
Riverhead, NY 11901
4 Beds
4 Baths
2,600 Ft²
$9,016
Est. Monthly
About This Property
Set amid two beautifully maintained acres, this spacious, renovated
farmhouse captures the quiet, pastoral character of the North Fork.
The five-bedroom, four-bath residence is surrounded by mature
landscaping and expansive lawns, with a substantial barn adding
architectural character and tremendous versatility to the property.
Inside, sun-filled living spaces are comfortably arranged for both
everyday life and entertaining. A fireplace anchors the main living
area, which flows into a formal dining room with generous
proportions and an inviting sense of occasion. The combination of a
beautifully renovated farmhouse, substantial barn, and two bucolic
acres creates a property with a rare sense of space and place, all
just moments from the North Fork's beaches, farm stands, vineyards,
and villages.
Unit Size
2,600 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$594
Property Type
House
Property Taxes
$1,429
HOA Dues
-
Year Built
1978
Listed By
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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: 26 days ago (OneKey MLS #KEY1042785)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 26, 2026 | In contract | - | |
| In contract | |||
| Aug 28, 2026 | Listed by Compass Greater NY LLC | $1,545,000 | |
| Listed by Compass Greater NY LLC | |||
| Aug 30, 2022 | Sold | ||
| Sold | |||
| Jun 21, 2022 | Sold | ||
| Sold | |||
| Jul 8, 2021 | Listed by Douglas Elliman Real Estate | $1,295,000 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
|
Renovated in 2021 this Spacious Farmhouse on 2 Acres has New Central Air System! All New Electrical! Large 12 Room 3 Level Home. Wrap Around Porch. Custom Kitchen with granite counter tops. 6 Bedrms/4 Baths, 2 Laundry Rooms, Plenty of Room For Extended Family. 6 Stall Horse Barn with Tack Room, Hay Loft, Riding Ring, Turn Out Paddocks, Pasture Land. All this on 2 Acres of Private Property! Plenty of Room For A Pool! Could be a Bed and Breakfast with Proper Permits. Near Beaches, Riding Trails, Vineyards, Golf Courses and Shopping!!! Aquebogue Elementary School. This Home is Better Than New! Additional 2 Acres may be available! This home is located North of the Main Rd in Aquebogue., Additional information: Appearance:Excellent,Green Features:Insulated Doors,Interior Features:Guest Quarters,Lr/Dr
| |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Has Open Parking
Parking Features: Driveway, Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 4
Interior Features: Entrance Foyer, Master Downstairs, First Floor Bedroom, First Floor Full Bath, Formal Dining, Primary Bathroom
Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
Flooring Type: Hardwood
Laundry Features: Laundry Room
Rooms: 12
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Full, Partially Finished, Walk-Out Access
Exterior Details
Square Footage: 2600
Square Footage Source: $0
Architectural Style: Cape Cod
Year Built: 1978
Building Area Total: 3600
Levels: Two
Other Structures: Barn(s)
Building Area Units: Square Feet
Construction Materials: Frame, Shingle Siding
Patio and Porch Features: Covered, Porch
Lot Size Area: 87120
Lot Size Units: Square Feet
Lot Size Acres: 2
Lot Size Square Feet: 87120
Water Source: Public
Financial Details
Tax Annual Amount: $17,148
Utilities Details
Cooling Type: Central Air
Heating Type: Baseboard, Oil
Sewer : Cesspool
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017