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Northville 11901
192 Phillips Lane
$2,000,000
● House - Off Market

192 Phillips Lane

Riverhead, NY 11901
bedrooms
5 Beds
bathrooms
5 Baths
square feet
4,081 Ft²
$9,575
Est. Monthly

About This Property

NEW CONSTRUCTION (almost completed) Modern Farmhouse in Aquebogue on the North Fork. Part of Phillips Pasture Estates.  Details include: 5 bedrooms, 5 bathrooms, white oak flooring, custom kitchen with high end appliances, wood beams sourced from Connecticut and an extra large kitchen island. The open floor plan allows for optimal entertaining and a second story media room creates the intimacy one desires.  There is still time to discuss finishing touches with the builder! Don't miss this opportunity to be part of this private enclave, a true North Fork Gem! (Appointments limited due to construction scheduling, however scheduled Open Houses with 200 Phillips will also allow access to this property.) Beaches nearby!, Additional information: Appearance:NEW,Separate Hotwater Heater:Y
Unit Size
4,081 Ft²
Days on Market
-
Land Size
1.79 acres
Price per sqft
$478
Property Type
House
Property Taxes
-
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: 5 months ago (OneKey MLS #KEYL3525640)

Price History

Date / Event Date Event Price
Aug 21, 2024 Sold
Premium
Sold
May 1, 2024 In contract -
In contract
Jan 15, 2024 Listed by Douglas Elliman Real Estate $1,950,000
Listed by Douglas Elliman Real Estate
Nov 9, 2022 Sold
Premium
Sold
Jun 10, 2022 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

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: 77,972
  • 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: 5

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000001790
  • Standard Land Use Code: 8001
  • County Land Use Code: 311
  • Legal Description 1: LOT 3 MINOR X D'APRILE

Neighborhood

  • School District Name: Riverhead Central School District
  • School Tax School District: RIVERHEAD
  • Census Tract: 169906

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 34
  • District: 0600-0
  • Section: 45.00
  • Parcel: 0600-045.00-02.00-003.003
  • Block: 2
  • Lot: 3.003
  • Municipality: RIVERHEAD
  • Latitude: 40.9641
  • Longitude: -72.6268

    Address

  • Full Address: 192 Phillips Ln
  • Address - House Number: 192
  • Address - Street Name: Phillips
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Riverhead
  • Carrier Code: R002
  • 4-Digit Zip Code: 5525
  • Zip Code: 11901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $311,596
  • Tax Rate Code Area: 473002

    Market Valuation

  • Market Total Value: $172,228
  • Market Land Value: $172,228

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,000
  • Assessed Land Value: $16,000

    Sales

  • Current Sale Contract Date: Jun 09, 2022
  • Current Sale Recording Date: Nov 09, 2022
  • 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 Northville

Stats & Trends

Median Asking:

$849,000

Sale Price/ft²

$407

Below Asking

0.01%

Average Days on Market

68

Average Home Size

2097 ft²

Average Home Age

102.3 years

Currently For Sale

6 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 807 Union Avenue, Riverhead, NY, 11901

$9,000 /mo

  • 4 Beds
  • 2 Baths
  • 2,552 ft²
807 Union Avenue, Riverhead, NY, 11901 Listing by Harsh Jhaveri

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 192 Phillips Lane built and last sold?
The property at 192 Phillips Lane was built in and last sold on Jun 9, 2022 for $337,500.
How much is this home worth?
The estimated value of the home located at 192 Phillips Lane is $1,969,500.
What are some comparable homes to 192 Phillips Lane?
There are currently no comparable homes to 192 Phillips Lane.
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