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Flanders 11901
263 Royal Avenue
$360,000
● House - Off Market

263 Royal Avenue

Southampton, NY 11901
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,781 Ft²
$572,184
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model

About This Property

Sprawling 4 Br, 2 Ba Ranch Offers Cozy Front Porch And Secluded Rear Deck For Dining Privacy. Bonus Features Are Deeded Beach And Deeded Boat Slip. Swim, Fish, And Boat Within A Stones Throw Of Home. Close To Outlets. Easy Access To North Fork Wineries And South Fork Beaches. Needs Some Tlc. Priced To Sell!, Additional information: Interior Features:Lr/Dr,Separate Hotwater Heater:N
Unit Size
1,781 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$213
Property Type
House
Property Taxes
$549
HOA Dues
-
Year Built
2010

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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 #KEYL3063929)

Price History

Date / Event Date Event Price
Feb 1, 2019 Sold
Premium
Sold
Sep 10, 2018 Listed by Bagshaw Real Estate L.L.C $379,000
Listed by Bagshaw Real Estate L.L.C
Mar 15, 2011 Sold
Premium
Sold
Jun 26, 1996 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 12,197
  • Total Building Area: 1,781
  • Building Area: 1,781
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,781
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-LEEDS S-LOT 94-MAP 1564 E-ROYAL AVE W-LOTS 99-102

Neighborhood

  • School District Name: Riverhead Central School District
  • School Tax School District: RIVERHEAD
  • Census Tract: 190405

Zoning

  • Zoning: R10

Geography

  • District: 0900-1
  • Section: 123.00
  • Parcel: 0900-123.00-01.00-060.000
  • Block: 1
  • Lot: 60.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9111
  • Longitude: -72.6076

    Address

  • Full Address: 263 Royal Ave
  • Address - House Number: 263
  • Address - Street Name: Royal
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Riverhead
  • Carrier Code: C006
  • 4-Digit Zip Code: 4330
  • Zip Code: 11901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $687,842
  • Initial Tax Delinquent Year: 2013
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.2691
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 652,184
  • High Value: 827,725
  • Low Value: 476,642

    Market Valuation

  • Market Total Value: $581,007
  • Market Land Value: $204,892
  • Market Improvement Value: $376,115

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $403,800
  • Assessed Land Value: $142,400
  • Assessed Improvements Value: $261,400

    Sales

  • Current Sale Contract Date: Oct 26, 2010
  • Current Sale Recording Date: Mar 15, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Jun 26, 1996
  • Previous Sale Contract Date: May 17, 1996
  • Previous Sale Amount: $82,500
  • 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 Flanders

Stats & Trends

Median Asking:

$584,500

Sale Price/ft²

$448

Below Asking

0.02%

Average Days on Market

90

Average Home Size

1219 ft²

Average Home Age

52.2 years

Currently For Sale

10 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 61 Brookside, Riverhead, NY, 11947

$4,000 /mo

  • 4 Beds
  • 3 Baths
  • 1,700 ft²
61 Brookside, Riverhead, NY, 11947 Listing by Kathy Van Duzer

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 263 Royal Avenue built and last sold?
The property at 263 Royal Avenue was built in 2010 and last sold on Oct 26, 2010 for $153,000.
How much is this home worth?
The estimated value of the home located at 263 Royal Avenue is $382,790.
What are some comparable homes to 263 Royal Avenue?
There are currently no comparable homes to 263 Royal Avenue.
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