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Wading River 11792
2332 N Wading River Road
$560,000
● House - Off Market

2332 N Wading River Road

Riverhead, NY 11792
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,046 Ft²
$574,572
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

This 3,046 square foot "Solar Home" built with Structural Insulated Panels was featured on the Renewable Energy Long Island tour. The home has a true southern exposure making the "sunspace" highly effective. The home has a full walk-out basement which is perfect space for entertaining and/or working from home. The home also features a primary bedroom en-suite, 2 additional bedrooms, 2 1/2 additional baths, Living Room w/wood burning fireplace, Large EIK with dining area, Den, sitting area and 2 car garage. The homes has central air, central vac, Air purification system and humidification system. This is a must see to appreciate all the home has to offer.
Unit Size
3,046 Ft²
Days on Market
309 days
Land Size
0.92 acres
Price per sqft
$181
Property Type
House
Property Taxes
$1,402
HOA Dues
-
Year Built
1997

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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 #KEYL3388295)

Price History

Date / Event Date Event Price
Oct 16, 2023 Sold
Premium
Sold
Feb 17, 2023 Sold
Premium
Sold
Jan 21, 2023 In contract -
In contract
Nov 25, 2022 Price Decreased $549,900
↓ $99K (15.3%)
Price Decreased
Jul 8, 2022 Price Decreased $649,000
↓ $50K (7.2%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 776
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,075
  • Lot Size Frontage Feet: 1,610
  • Total Building Area: 3,046
  • Building Area: 3,046
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,046
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000920
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: MAP X STONE FILED 12/5/95 *9780 LOT 2

Neighborhood

  • School District Name: Shoreham-Wading River Central School District
  • School Tax School District: SHOREHAM-WADING
  • Census Tract: 169701

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 39
  • District: 0600-0
  • Section: 36.00
  • Parcel: 0600-036.00-02.00-025.002
  • Block: 2
  • Lot: 25.002
  • Municipality: RIVERHEAD
  • Latitude: 40.9593
  • Longitude: -72.8388

    Address

  • Full Address: 2332 N Wading River Rd
  • Address - House Number: 2332
  • Street Direction: N
  • Address - Street Name: Wading River
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Wading River
  • Carrier Code: R003
  • 4-Digit Zip Code: 1401
  • Zip Code: 11792

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,507,280
  • Tax Rate Code Area: 473001

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 82
  • Final Value: 516,591
  • High Value: 591,879
  • Low Value: 441,303

    Market Valuation

  • Market Total Value: $742,196
  • Market Land Value: $145,318
  • Market Improvement Value: $596,878

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,950
  • Assessed Land Value: $13,500
  • Assessed Improvements Value: $55,450

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 13, 2023
  • Current Sale Recording Date: Oct 16, 2023
  • 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 Wading River

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$369

Below Asking

0.02%

Average Days on Market

95

Average Home Size

2381 ft²

Average Home Age

52.1 years

Currently For Sale

35 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 126 Overhill Road, Wading River, NY, 11792

$7,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
126 Overhill Road, Wading River, NY, 11792 Listing by Mariana Nunes

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 2332 North Wading River Road built and last sold?
The property at 2332 North Wading River Road was built in 1997 and last sold on Feb 13, 2023 for $560,000.
How much is this home worth?
The estimated value of the home located at 2332 North Wading River Road is $555,399.
What are some comparable homes to 2332 North Wading River Road?
There are currently no comparable homes to 2332 North Wading River Road.
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