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Aquebogue 11931
228 Overlook Drive
$1,675,000
● House - Off Market

228 Overlook Drive

Riverhead, NY 11931
bedrooms
5 Beds
bathrooms
5 Baths
square feet
5,627 Ft²
$1,788,323
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

This house has it all and some. Main house features four bedrooms with four bathrooms and a home theatre. The secondary structure has an additional bedroom and bath. The pool house is also equip with all the necessities for more living space and entertaining. The multi structure waterfront property has four floating finger docks with power and an in ground pool and hot tub. Renovated 2010. An Investors or entertainers dream home., Additional information: Interior Features:Guest Quarters
Unit Size
5,627 Ft²
Days on Market
-
Land Size
0.88 acres
Price per sqft
$319
Property Type
House
Property Taxes
$2,883
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #KEYL3474429)

Price History

Date / Event Date Event Price
Dec 5, 2023 Sold
Premium
Sold
Oct 3, 2023 Sold
Premium
Sold
May 8, 2023 In contract -
In contract
Apr 28, 2023 Listed by Daniel Gale Sothebys Intl Rlty $1,795,000
Listed by Daniel Gale Sothebys Intl Rlty
Sep 29, 2006 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 2
  • Total Rooms: 17
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 240
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 38,333
  • Total Building Area: 4,379
  • Building Area: 4,379
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 4,379
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000880
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: NX VANDEWATER EX BAY WX ROW SX SCUDDER WATERFRONT

Neighborhood

  • School District Name: Riverhead Central School District
  • School Tax School District: RIVERHEAD
  • Census Tract: 169800

Zoning

  • Zoning: 05 - COMME

Geography

  • Account Number: 14
  • District: 0600-1
  • Section: 113.00
  • Parcel: 0600-113.00-01.00-007.000
  • Block: 1
  • Lot: 7.000
  • Municipality: RIVERHEAD
  • Latitude: 40.9321
  • Longitude: -72.6174

    Address

  • Full Address: 228 Overlook Dr
  • Address - House Number: 228
  • Address - Street Name: Overlook
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Riverhead
  • 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: 1,730,475
  • High Value: 1,983,902
  • Low Value: 1,477,048

    Market Valuation

  • Market Total Value: $1,886,976
  • Market Land Value: $259,419
  • Market Improvement Value: $1,627,557

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $175,300
  • Assessed Land Value: $24,100
  • Assessed Improvements Value: $151,200

    Sales

  • Current Sale Contract Date: Oct 25, 2023
  • Current Sale Recording Date: Dec 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 29, 2006
  • Previous Sale Contract Date: Sep 08, 2006
  • Previous Sale Amount: $995,000
  • 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 Aquebogue

Stats & Trends

Median Asking:

$899,000

Sale Price/ft²

$520

Below Asking

0.05%

Average Days on Market

92

Average Home Size

3881 ft²

Average Home Age

39.5 years

Currently For Sale

13 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 28 Whites Lane, Aquebogue, NY, 11931

$3,500 /mo

  • 2 Beds
  • 1 Bath
  • 700 ft²
28 Whites Lane, Aquebogue, NY, 11931 Listing by James Bissett
Unit for rent at 47 Whitebrook Drive, Riverhead, NY, 11901

$4,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
47 Whitebrook Drive, Riverhead, NY, 11901 Listing by Thomas Panebianco

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 228 Overlook Drive built and last sold?
The property at 228 Overlook Drive was built in 1960 and last sold on Oct 25, 2023 for $1,675,000.
How much is this home worth?
The estimated value of the home located at 228 Overlook Drive is $1,806,676.
What are some comparable homes to 228 Overlook Drive?
There are currently no comparable homes to 228 Overlook Drive.
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