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Wading River 11792
2788 N Wading River Road
Photo of 2788 N Wading River Road
Sold on Jun 4, 2026

13

Map

Photo of 2788 N Wading River Road
Photo of 2788 N Wading River Road
$1,425,000
● House - Off Market

2788 N Wading River Road

Riverhead, NY 11792
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,644 Ft²
$11,216
Est. Monthly

About This Property

NOT HABITABLE - SOLD AS-IS, CASH ONLY, NO SUBJECT TO'S, CLEAR TITLE ONLY.  there are 3 house structures on the property. This is a unique parcel - a real "one of a kind"!!!  Nearly 12 acres of waterfront property.  On the Sound.  Unheard of on Long Island.  Take the time to divide it up or build your own compound.
Unit Size
2,644 Ft²
Days on Market
197 days
Land Size
11.40 acres
Price per sqft
$605
Property Type
House
Property Taxes
$3,365
HOA Dues
-
Year Built
1920

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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: 6 months ago (OneKey MLS #KEY937293)

Price History

Date / Event Date Event Price
Jun 4, 2026 Sold
Premium
Sold
Mar 5, 2026 In contract -
In contract
Nov 18, 2025 Listed by Coldwell Banker American Homes $1,599,000
Listed by Coldwell Banker American Homes

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 2
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 688
  • Parking Space Count: 3
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 496,584
  • Total Building Area: 1,396
  • Gross Building Area: 1,396
  • Building Area: 1,396
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,396
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000011400
  • Standard Land Use Code: 1110
  • County Land Use Code: 280

Neighborhood

  • School District Name: Riverhead Central School District
  • School Tax School District: RIVERHEAD
  • Census Tract: 169701

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 40
  • District: 0600-0
  • Section: 27.00
  • Parcel: 0600-027.00-01.00-019.000
  • Block: 1
  • Lot: 19.000
  • Municipality: RIVERHEAD
  • Latitude: 40.9673
  • Longitude: -72.8201

    Address

  • Full Address: 2788 N Wading River Rd
  • Address - House Number: 2788
  • Street Direction: N
  • Address - Street Name: Wading River
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Wading River
  • Carrier Code: R005
  • 4-Digit Zip Code: 1424
  • Zip Code: 11792

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,879,294
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.2358
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 52
  • Final Value: 1,760,307
  • High Value: 2,175,468
  • Low Value: 1,345,145

    Market Valuation

  • Market Total Value: $2,040,904
  • Market Land Value: $1,433,800
  • Market Improvement Value: $607,104

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $189,600
  • Assessed Land Value: $133,200
  • Assessed Improvements Value: $56,400
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:

$749,500

Sale Price/ft²

$369

Below Asking

0.02%

Average Days on Market

96

Average Home Size

2374 ft²

Average Home Age

53.3 years

Currently For Sale

33 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: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 2788 North Wading River Road built and last sold?
The property at 2788 North Wading River Road was built in 1920 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2788 North Wading River Road is $1,586,730.
What are some comparable homes to 2788 North Wading River Road?
There are currently no comparable homes to 2788 North Wading River Road.
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