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Laurel 11948
1900 Laurel Trail
$465,000
● Land - Off Market

1900 Laurel Trail

Laurel, NY 11948
bedrooms
Studio
bathrooms
0 Bath
$516,831
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Prime building lot located in the heart of Championship style Laurel Links Golf Course & Country Club. This vacant lot is level, cleared and has current Suffolk County Board Of Health Approval for a 6 bedroom house. Easy hook-up in the street to municipal water, cable and internet. Amenities to the Country Club available with membership are community pool, tennis court, private restaurant and a top tier golfing experience. This is a cannot miss opportunity for those ready to build their North Fork escape.
Unit Size
-
Days on Market
58 days
Land Size
0.66 acres
Price per sqft
-
Property Type
Land
Property Taxes
$290
HOA Dues
-
Year Built
-

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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 #ONE3289954)

Price History

Date / Event Date Event Price
Jun 15, 2021 Sold
Premium
Sold
Apr 23, 2021 Sold
Premium
Sold
Mar 10, 2021 In contract -
In contract
Mar 5, 2021 Relisted $425,000
Relisted
Feb 25, 2021 In contract -
In contract
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,750
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP LAUREL LINKS
  • Land Acres: 0000000660
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: BOOK 12348 PAGE 751 BILL 016058

Neighborhood

  • School District Name: Mattituck-Cutchogue Union Free School District
  • School Tax School District: MATTITUCK
  • Census Tract: 170003

Zoning

  • Zoning: AC

Geography

  • Account Number: 14
  • District: 1000-1
  • Section: 125.00
  • Parcel: 1000-125.00-04.00-024.017
  • Block: 4
  • Lot: 24.017
  • Municipality: SOUTHOLD
  • Latitude: 40.9714
  • Longitude: -72.5504

    Address

  • Full Address: 1900 Laurel Trl
  • Address - House Number: 1900
  • Address - Street Name: Laurel
  • Address - Suffix Type: Trl
  • State: NY
  • City Name: Laurel
  • Carrier Code: R001
  • 4-Digit Zip Code: 1324
  • Zip Code: 11948

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,668,054
  • Tax Rate Code Area: 473812

    Appraisal Valuation

  • Standard Deviation: 0.2393
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 1,366,641
  • High Value: 1,693,721
  • Low Value: 1,039,561

    Market Valuation

  • Market Total Value: $19,299
  • Market Land Value: $4,211
  • Market Improvement Value: $15,088

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,000
  • Assessed Land Value: $2,400
  • Assessed Improvements Value: $8,600

    Sales

  • Current Sale Contract Date: Apr 23, 2021
  • Current Sale Recording Date: Jun 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 12, 2020
  • Previous Sale Contract Date: Oct 05, 2020
  • Previous Sale Amount: $350,000
  • 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 Laurel

Stats & Trends

Median Asking:

$1,349,999

Sale Price/ft²

$541

Below Asking

0.05%

Average Days on Market

116

Average Home Size

2398 ft²

Average Home Age

51.4 years

Currently For Sale

8 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: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1900 Laurel Trail built and last sold?
The property at 1900 Laurel Trail was built in and last sold on Apr 23, 2021 for $465,000.
How much is this home worth?
The estimated value of the home located at 1900 Laurel Trail is $429,250.
What are some comparable homes to 1900 Laurel Trail?
There are currently no comparable homes to 1900 Laurel Trail.
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