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Riverhead 11901
289 Howell Avenue
$400,000
● House - Off Market

289 Howell Avenue

Riverhead, NY 11901
bedrooms
4 Beds
bathrooms
2 Baths
$446,332
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Welcome home to this cozy ranch in the heart of Riverhead! Situated on just over .25 of an acre, this well-maintained property features 4 bedrooms that provide flex space for office, playroom, formal dining room, etc. The master bedroom boasts a walk-in closet and private master bath. A bright and airy sunroom connects to the eat-in kitchen and also provides access to the serene backyard with ample patio space and koi pond. The full, unfinished basement has endless potential. *Note: Some rooms have hard wood flooring underneath.    **Professional photos are coming soon!
Unit Size
-
Days on Market
138 days
Land Size
0.29 acres
Price per sqft
-
Property Type
House
Property Taxes
$575
HOA Dues
-
Year Built
1945

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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 #ONE3301363)

Price History

Date / Event Date Event Price
Aug 23, 2021 Sold
Premium
Sold
Apr 30, 2021 In contract -
In contract
Apr 7, 2021 Listed by Douglas Elliman Real Estate $390,000
Listed by Douglas Elliman Real Estate

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Total Rooms: 5
  • 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: 5
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Lot Size Depth Feet: 2,130
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,184
  • Building Area: 1,184
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,184
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: *688 LOT 9 F W JACKSON & SONS 831 0000 1

Neighborhood

  • School District Name: Riverhead Central School District
  • School Tax School District: RIVERHEAD
  • Census Tract: 169800

Zoning

  • Zoning: 03 - MULTI

Geography

  • Account Number: 04
  • District: 0600-1
  • Section: 127.00
  • Parcel: 0600-127.00-04.00-047.000
  • Block: 4
  • Lot: 47.000
  • Municipality: RIVERHEAD
  • Latitude: 40.924
  • Longitude: -72.6557

    Address

  • Full Address: 289 Howell Ave
  • Address - House Number: 289
  • Address - Street Name: Howell
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Riverhead
  • Carrier Code: C010
  • 4-Digit Zip Code: 2517
  • Zip Code: 11901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $841,236
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 463,154
  • High Value: 570,358
  • Low Value: 355,949

    Market Valuation

  • Market Total Value: $345,533
  • Market Land Value: $73,197
  • Market Improvement Value: $272,336

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,100
  • Assessed Land Value: $6,800
  • Assessed Improvements Value: $25,300

    Sales

  • Current Sale Contract Date: Jul 09, 2021
  • Current Sale Recording Date: Aug 23, 2021
  • 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 Riverhead

Stats & Trends

Median Asking:

$590,000

Sale Price/ft²

$394

Below Asking

0.01%

Average Days on Market

85

Average Home Size

1816 ft²

Average Home Age

57.7 years

Currently For Sale

41 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 331 E Main Street, Riverhead, NY, 11901

$3,750 /mo

  • 1 Bed
  • 1 Bath
  • 712 ft²
331 E Main Street #404, Riverhead, NY, 11901 Listing by Judi McAvoy
Unit for rent at 205 Osborn Avenue, Riverhead, NY, 11901

$3,900 /mo

  • 2 Beds
  • 1 Bath
205 Osborn Avenue, Riverhead, NY, 11901 Listing by Judi McAvoy

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 289 Howell Avenue built and last sold?
The property at 289 Howell Avenue was built in 1945 and last sold on Jul 9, 2021 for $400,000.
How much is this home worth?
The estimated value of the home located at 289 Howell Avenue is $393,900.
What are some comparable homes to 289 Howell Avenue?
There are currently no comparable homes to 289 Howell Avenue.
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