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Aquebogue 11901
225 Washington Avenue
Photo of 225 Washington Avenue
Sold on Apr 21, 2023

23

Map

Photo of 225 Washington Avenue
Photo of 225 Washington Avenue
$560,000
● House - Off Market

225 Washington Avenue

Riverhead, NY 11901
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,120 Ft²
$558,565
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Light, Bright and Well-Maintained Cape Offers 3 Bedrooms and 2 Baths which Includes a First Floor Bedroom and Bath.  There is a Very Useable Day Light Basement with 2 Full Size Windows and Full Door to Back Yard.  Nice Yard with Deck and Patio to Enjoy Nature and the Summer Breezes.  Short Distance to Several Bay Beaches, Several Marinas and 0.6 Miles to NYC Transportation.  Hurry, This Charmer Will Not Last., Additional information: Appearance:Excellent
Unit Size
1,120 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$490
Property Type
House
Property Taxes
$602
HOA Dues
-
Year Built
1955

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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: 2 years ago (OneKey MLS #KEYL3455585)

Price History

Date / Event Date Event Price
Jul 17, 2023 Sold
Premium
Sold
Apr 21, 2023 Sold
Premium
Sold
Feb 17, 2023 In contract -
In contract
Feb 17, 2023 Relisted $549,000
Relisted
Feb 6, 2023 In contract -
In contract
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Frontage Feet: 557
  • Total Building Area: 1,072
  • Building Area: 1,072
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,072
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000300
  • 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: 169906

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 31
  • District: 0600-0
  • Section: 68.00
  • Parcel: 0600-068.00-03.00-032.002
  • Block: 3
  • Lot: 32.002
  • Municipality: RIVERHEAD
  • Latitude: 40.9441
  • Longitude: -72.5856

    Address

  • Full Address: 225 Washington Ave
  • Address - House Number: 225
  • Address - Street Name: Washington
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Riverhead
  • Carrier Code: R006
  • 4-Digit Zip Code: 6009
  • Zip Code: 11901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $557,160
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 70
  • Final Value: 755,599
  • High Value: 917,895
  • Low Value: 593,304

    Market Valuation

  • Market Total Value: $377,825
  • Market Land Value: $91,496
  • Market Improvement Value: $286,329

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,100
  • Assessed Land Value: $8,500
  • Assessed Improvements Value: $26,600

    Sales

  • Current Sale Contract Date: Apr 21, 2023
  • Current Sale Recording Date: Jul 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
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 Aquebogue

Stats & Trends

Median Asking:

$899,000

Sale Price/ft²

$527

Below Asking

0.04%

Average Days on Market

92

Average Home Size

2563 ft²

Average Home Age

44.2 years

Currently For Sale

14 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: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 225 Washington Avenue built and last sold?
The property at 225 Washington Avenue was built in 1955 and last sold on Apr 21, 2023 for $560,000.
How much is this home worth?
The estimated value of the home located at 225 Washington Avenue is $0.
What are some comparable homes to 225 Washington Avenue?
There are currently no comparable homes to 225 Washington Avenue.
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