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Southold 11971
2450 Lighthouse Road
$482,000
● House - Off Market

2450 Lighthouse Road

Southold, NY 11971
bedrooms
3 Beds
bathrooms
2 Baths
$840,696
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model

About This Property

Location! Location! Location!  Enjoy Summer Living On The North Fork.   Whether It's Strolling Through Horton Lighthouse,  Swimming At Mccabe's Or Kenny's Beach, Or Lounging Around Your Private Yard By The Pool (In Ground, Salt Water/Heated.)  Close To  Town, Train And Bus Stations, Restaurants & Vineyards. This Charming Ranch Has It All.
Unit Size
-
Days on Market
83 days
Land Size
0.45 acres
Price per sqft
-
Property Type
House
Property Taxes
$425
HOA Dues
-
Year Built
-

Payment Calculator

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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: 3 years ago (OneKey MLS #ONE2875941)

Price History

Date / Event Date Event Price
Dec 12, 2016 Sold
Premium
Sold
Nov 3, 2016 Sold
Premium
Sold
Aug 12, 2016 Listed by Daniel Gale Sothebys Intl $499,000
Listed by Daniel Gale Sothebys Intl
May 4, 2002 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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: 19,602
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000450
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: BOOK 12184 PAGE 117 BILL 005357

Neighborhood

  • School District Name: Southold Union Free School District
  • School Tax School District: SOUTHOLD
  • Census Tract: 170203

Zoning

  • Zoning: R-40

Geography

  • Account Number: 08
  • District: 1000-0
  • Section: 50.00
  • Parcel: 1000-050.00-04.00-010.000
  • Block: 4
  • Lot: 10.000
  • Municipality: SOUTHOLD
  • Latitude: 41.0839
  • Longitude: -72.4409

    Address

  • Full Address: 2450 Lighthouse Rd
  • Address - House Number: 2450
  • Address - Street Name: Lighthouse
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Southold
  • Carrier Code: R002
  • 4-Digit Zip Code: 3109
  • Zip Code: 11971

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $323,325
  • Tax Rate Code Area: 473805

    Appraisal Valuation

  • Standard Deviation: 0.2346
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 950,960
  • High Value: 1,174,076
  • Low Value: 727,843

    Market Valuation

  • Market Total Value: $7,895
  • Market Land Value: $1,404
  • Market Improvement Value: $6,491

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,500
  • Assessed Land Value: $800
  • Assessed Improvements Value: $3,700

    Sales

  • Current Sale Contract Date: Nov 03, 2016
  • Current Sale Recording Date: Dec 12, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: May 04, 2002
  • Previous Sale Contract Date: Apr 19, 2002
  • Previous Sale Amount: $279,000
  • Previous 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 Southold

Stats & Trends

Median Asking:

$1,298,750

Sale Price/ft²

$612

Below Asking

0.03%

Average Days on Market

103

Average Home Size

2876 ft²

Average Home Age

49.7 years

Currently For Sale

44 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 8515 Soundview Avenue, Southold, NY, 11971

$4,000 /mo

  • 2 Beds
  • 1 Bath
  • 750 ft²
8515 Soundview Avenue, Southold, NY, 11971 Listing by Nicole S. Fitzgerald CBR
Unit for rent at 1975 Youngs Avenue, Southold, NY, 11971

$4,000 /mo

  • 3 Beds
  • 2 Baths
1975 Youngs Avenue, Southold, NY, 11971 Listing by Barbara J. Poliwoda
Unit for rent at 13595 Soundview Avenue, Southold, NY, 11971

$3,995 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
13595 Soundview Avenue, Southold, NY, 11971 Listing by Diane Arpaia

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 2450 Lighthouse Road built and last sold?
The property at 2450 Lighthouse Road was built in and last sold on Nov 3, 2016 for $482,000.
How much is this home worth?
The estimated value of the home located at 2450 Lighthouse Road is $503,990.
What are some comparable homes to 2450 Lighthouse Road?
There are currently no comparable homes to 2450 Lighthouse Road.
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