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Wading River 11792
289 Long Pond Road
$710,000
● House - Off Market

289 Long Pond Road

Riverhead, NY 11792
bedrooms
5 Beds
bathrooms
3 Baths
$708,104
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Pride of Homeownership! Huge Ranch Features Possible 2 Family w/Proper Permits. Shy 1 Acre Fenced Property, Owned Solar Panels That Heat In-Ground Pool and home, Interlock Paver Patio & Walkway, IGS, 22'x33' Trek Deck, New Computerized Gas Boiler System & Water Heater, Basement Has Utility Sink & Pump, New Washer, Refrigerator, Sliding Door w/Built-In Shades, New Stand Up Shower w/Rock Floor, Home Features Vaulted Ceilings, Hardwood Floors Thru-out, CAC, Porcelain Tile & Granite in Kitchen. Offers Privacy w/ Separate Fenced Property in Backyard. 2% Peconic Tax Applies..taxes w/ basic star 16,537, Additional information: Appearance:MINT,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.92 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,461
HOA Dues
-
Year Built
1995

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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 #KEYL3354636)

Price History

Date / Event Date Event Price
Aug 11, 2022 Sold
Premium
Sold
Jun 27, 2022 Sold
Premium
Sold
Dec 19, 2021 In contract -
In contract
Oct 22, 2021 Listed by Coldwell Banker American Homes $699,990
Listed by Coldwell Banker American Homes
Apr 19, 1996 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 40,075
  • Lot Size Frontage Feet: 1,690
  • Total Building Area: 2,926
  • Building Area: 2,926
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 2,926
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000920
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: NX MAROUSEK EX LONG POND SX GIASEMIS WX BARNES WDS

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: 0600-073.00-01.00-008.004
  • Block: 1
  • Lot: 8.004
  • Municipality: RIVERHEAD
  • Latitude: 40.9379
  • Longitude: -72.8427

    Address

  • Full Address: 289 Long Pond Rd
  • Address - House Number: 289
  • 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: $1,689,188
  • Tax Rate Code Area: 473001

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 666,300
  • High Value: 762,426
  • Low Value: 570,175

    Market Valuation

  • Market Total Value: $774,059
  • Market Land Value: $145,318
  • Market Improvement Value: $628,741

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,910
  • Assessed Land Value: $13,500
  • Assessed Improvements Value: $58,410

    Sales

  • Current Sale Contract Date: Jun 27, 2022
  • Current Sale Recording Date: Aug 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 19, 1996
  • Previous Sale Contract Date: Apr 09, 1996
  • Previous Sale Amount: $182,000
  • 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 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 289 Long Pond Road built and last sold?
The property at 289 Long Pond Road was built in 1995 and last sold on Jun 27, 2022 for $710,000.
How much is this home worth?
The estimated value of the home located at 289 Long Pond Road is $706,990.
What are some comparable homes to 289 Long Pond Road?
There are currently no comparable homes to 289 Long Pond Road.
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