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Wading River 11792
253 Long Pond Road
$270,000
● House - Off Market

253 Long Pond Road

Riverhead, NY 11792
bedrooms
3 Beds
bathrooms
2 Baths
$623,523
RealtyHop Estimate
94.91%
Since Aug 1, 2013
National-US
Primary Model

About This Property

Large Property Park Like Yard. Set Far Back Of Road. Private Rear Yard Plenty Of Room For A Pool Or Barn. Home Features  Hardwood Floors, 3 Bedrooms, Full Bath, Living & Dining Room, Eat In Kitchen, Full Basement In & Outside Enterance W/ 2 Br, Lr,Kich,Full Bath Attached 2 Car Gar., Additional information: Appearance:Great
Unit Size
-
Days on Market
-
Land Size
1.30 acres
Price per sqft
-
Property Type
House
Property Taxes
$750
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: 5 months ago (OneKey MLS #KEYL2554979)

Price History

Date / Event Date Event Price
Aug 16, 2013 Sold
Premium
Sold
Feb 1, 2013 Listed by Little Bay Realty Inc $319,900
Listed by Little Bay Realty Inc
May 3, 2001 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 17
  • 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: 1
  • Garage Square Area: 552
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 56,628
  • Total Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001300
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

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: 13
  • District: 0600-0
  • Section: 73.00
  • Parcel: 0600-073.00-01.00-008.003
  • Block: 1
  • Lot: 8.003
  • Municipality: RIVERHEAD
  • Latitude: 40.9369
  • Longitude: -72.8431

    Address

  • Full Address: 253 Long Pond Rd
  • Address - House Number: 253
  • Address - Street Name: Long Pond
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Wading River
  • Carrier Code: R004
  • 4-Digit Zip Code: 2114
  • Zip Code: 11792

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,144,388
  • Tax Rate Code Area: 473001

    Appraisal Valuation

  • Standard Deviation: 0.2519
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 628,791
  • High Value: 787,204
  • Low Value: 470,378

    Market Valuation

  • Market Total Value: $488,697
  • Market Land Value: $149,623
  • Market Improvement Value: $339,074

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,400
  • Assessed Land Value: $13,900
  • Assessed Improvements Value: $31,500

    Sales

  • Current Sale Contract Date: Jul 25, 2013
  • Current Sale Recording Date: Aug 16, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: May 03, 2001
  • Previous Sale Contract Date: Mar 23, 2001
  • Previous Sale Amount: $159,600
  • 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 Wading River

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$369

Below Asking

0.02%

Average Days on Market

94

Average Home Size

2349 ft²

Average Home Age

52.8 years

Currently For Sale

34 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 253 Long Pond Road built and last sold?
The property at 253 Long Pond Road was built in 1955 and last sold on Jul 25, 2013 for $270,000.
How much is this home worth?
The estimated value of the home located at 253 Long Pond Road is $323,099.
What are some comparable homes to 253 Long Pond Road?
There are currently no comparable homes to 253 Long Pond Road.
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