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Flanders 11901
217 Oak Avenue
$630,000
● House - Off Market

217 Oak Avenue

Southampton, NY 11901
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,232 Ft²
$627,656
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Freshly renovated home offers 1200 square feet of easy living. The home offers hardwood floors, newly updated kitchen with stainless steel appliances, 3 beds, 1 baths with a full basement. Situated on 0.52 acre this home is the best value in the Town of Southampton. Minutes to bay beaches, town center, and sunrise highway., Additional information: Appearance:excellent
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$511
Property Type
House
Property Taxes
$466
HOA Dues
-
Year Built
2006

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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 #KEYL3500718)

Price History

Date / Event Date Event Price
Dec 11, 2023 Sold
Premium
Sold
Oct 18, 2023 Sold
Premium
Sold
Sep 8, 2023 In contract -
In contract
Sep 5, 2023 Price Decreased $630,000
↓ $10K (1.6%)
Price Decreased
Sep 5, 2023 Price Increased $640,000
↑ $41K (6.8%)
Price Increased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 3
  • 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: 22,651
  • Total Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERSIDE ESTATES
  • Land Acres: 0000000520
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: BLK 7 LOT 533-535

Neighborhood

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

Zoning

  • Zoning: CR40

Geography

  • Assessors Map Reference: MAP 1447
  • District: 0900-1
  • Section: 145.00
  • Parcel: 0900-145.00-01.00-059.000
  • Block: 1
  • Lot: 59.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9027
  • Longitude: -72.6284

    Address

  • Full Address: 217 Oak Ave
  • Address - House Number: 217
  • Address - Street Name: Oak
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Riverhead
  • Carrier Code: C011
  • 4-Digit Zip Code: 4240
  • Zip Code: 11901

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.1464
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 618,765
  • High Value: 709,383
  • Low Value: 528,148

    Market Valuation

  • Market Total Value: $472,087
  • Market Land Value: $215,396
  • Market Improvement Value: $256,691

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $328,100
  • Assessed Land Value: $149,700
  • Assessed Improvements Value: $178,400

    Sales

  • Current Sale Contract Date: Oct 16, 2023
  • Current Sale Recording Date: Dec 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 11, 2018
  • Previous Sale Contract Date: Jul 20, 2018
  • Previous Sale Amount: $229,000
  • 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 Flanders

Stats & Trends

Median Asking:

$564,500

Sale Price/ft²

$459

Below Asking

0.02%

Average Days on Market

90

Average Home Size

1442 ft²

Average Home Age

47.7 years

Currently For Sale

10 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 133 Royal Avenue, Flanders, NY, 11901

$4,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,400 ft²
133 Royal Avenue, Flanders, NY, 11901 Listing by Vitaly Isaacs
Unit for rent at 331 E Main Street, Riverhead, NY, 11901

$3,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
331 E Main Street, Riverhead, NY, 11901 Listing by Judi McAvoy

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 217 Oak Avenue built and last sold?
The property at 217 Oak Avenue was built in 2006 and last sold on Oct 16, 2023 for $630,000.
How much is this home worth?
The estimated value of the home located at 217 Oak Avenue is $635,742.
What are some comparable homes to 217 Oak Avenue?
There are currently no comparable homes to 217 Oak Avenue.
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