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Riverhead 11901
23 Grove Street
Photo of 23 Grove Street
Sold on Nov 24, 2025

9

Map

Photo of 23 Grove Street
Photo of 23 Grove Street
$425,000
● House - Off Market

23 Grove Street

Riverhead, NY 11901
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
792 Ft²
$2,611
Est. Monthly
11.98%
Cap Rate

About This Property

Spectacular Two Bedroom Ranch.  Features include Renovated Hard Wood Floors Throughout.   Everything New:  Windows; Baths; Siding; Granite Counters; Cabinets; Appliances; Doors,  Nothing Needed!

Close to Schools, Shopping and Neighborhood Park!

Low Taxes.
Unit Size
792 Ft²
Days on Market
140 days
Land Size
0.20 acres
Price per sqft
$556
Property Type
House
Property Taxes
$450
HOA Dues
-
Year Built
1950

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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: 11 months ago (OneKey MLS #KEY886096)

Price History

Date / Event Date Event Price
Nov 24, 2025 Sold
Premium
Sold
Oct 22, 2025 In contract -
In contract
Sep 18, 2025 Price Decreased $439,990
↓ $10K (2.2%)
Price Decreased
Sep 11, 2025 Price Decreased $449,990
↓ $20K (4.3%)
Price Decreased
Aug 26, 2025 Price Decreased $469,990
↓ $5K (1.1%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 800
  • Total Building Area: 792
  • Building Area: 792
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 792
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: *2795 LOT 54 NORTHVILLE HOMES SEC 1

Neighborhood

  • School District Name: Riverhead Central School District
  • School Tax School District: RIVERHEAD
  • Census Tract: 169903

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 11
  • District: 0600-0
  • Section: 65.00
  • Parcel: 0600-065.00-03.00-015.000
  • Block: 3
  • Lot: 15.000
  • Municipality: RIVERHEAD
  • Latitude: 40.9481
  • Longitude: -72.6597

    Address

  • Full Address: 23 Grove St
  • Address - House Number: 23
  • Address - Street Name: Grove
  • Address - Suffix Type: St
  • State: NY
  • City Name: Riverhead
  • Carrier Code: R004
  • 4-Digit Zip Code: 1517
  • Zip Code: 11901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $252,500
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.2648
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 62
  • Final Value: 426,482
  • High Value: 539,437
  • Low Value: 313,526

    Market Valuation

  • Market Total Value: $256,190
  • Market Land Value: $54,898
  • Market Improvement Value: $201,292

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,800
  • Assessed Land Value: $5,100
  • Assessed Improvements Value: $18,700

    Sales

  • Current Sale Contract Date: Oct 28, 2010
  • Current Sale Recording Date: Nov 03, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
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 Riverhead

Stats & Trends

Median Asking:

$592,500

Sale Price/ft²

$393

Below Asking

0.01%

Average Days on Market

84

Average Home Size

1802 ft²

Average Home Age

54.7 years

Currently For Sale

41 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 788 Reeves Avenue, Riverhead, NY, 11901

$5,000 /mo

  • 3 Beds
  • 2 Baths
  • 3,948 ft²
788 Reeves Avenue, Riverhead, NY, 11901 Listing by Natalie Hough

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 11 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 23 Grove Street built and last sold?
The property at 23 Grove Street was built in 1950 and last sold on Oct 28, 2010 for $105,000.
How much is this home worth?
The estimated value of the home located at 23 Grove Street is $0.
What are some comparable homes to 23 Grove Street?
There are currently no comparable homes to 23 Grove Street.
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