by RH Advisors

See Home Value
Wading River 11792
2971 N Wading River Road
$760,000
● House - Off Market

2971 N Wading River Road

Riverhead, NY 11792
bedrooms
4 Beds
bathrooms
5 Baths
square feet
3,944 Ft²
$5,330
Est. Monthly
6.23%
Cap Rate

About This Property

Incredible opportunity in Wading River! Live in this beautiful property and offset your mortgage with $2,500/month in income from a legal accessory apartment. With down payments as low as $24,000 (3%), your net monthly mortgage payment could be as little as $4,314 - or just $3,280/month with 20% down. A rare chance to own and earn in one of Long Island's most desirable locations. Opportunities like this don't last long This is your chance to invest smart, live well, AND make your home work for you.

Live the North Wading River dream just moments from the legendary Big Rock Beach in this expansive 4-bedroom, 5-bath home offering the perfect blend of coastal charm and everyday comfort. A fully permitted, legal accessory apartment with private entrance provides exceptional flexibility for extended family, guests, or rental income. This is a big home with lots of potential, featuring generous living spaces, a finished basement ideal for recreation or hosting, and a gas heating system for year-round comfort. An oversized layout and garage add everyday convenience, all set in a prime North Shore location close to the sand and surf. Whether you're looking to invest, expand, or enjoy laid-back beachside living, this rare opportunity has it all.
Unit Size
3,944 Ft²
Days on Market
96 days
Land Size
0.32 acres
Price per sqft
$190
Property Type
House
Property Taxes
$1,652
HOA Dues
-
Year Built
-

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Last updated: 2 years ago (OneKey MLS #KEY857969)

Price History

Date / Event Date Event Price
Aug 19, 2025 Sold
Sold
Jul 25, 2025 In contract -
In contract
Jul 9, 2025 Price Decreased $749,000
↓ $50K (6.3%)
Price Decreased
May 15, 2025 Listed by Signature Premier Properties $799,000
Listed by Signature Premier Properties
Jan 29, 2015 Sold
Sold
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Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 36
  • 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: 13,939
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000320
  • Standard Land Use Code: 1102
  • County Land Use Code: 230

Neighborhood

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

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 30
  • District: 0600-0
  • Section: 33.00
  • Parcel: 0600-033.00-05.00-010.001
  • Block: 5
  • Lot: 10.001
  • Municipality: RIVERHEAD
  • Latitude: 40.9646
  • Longitude: -72.8134

    Address

  • Full Address: 2971 N Wading River Rd
  • Address - House Number: 2971
  • Street Direction: N
  • Address - Street Name: Wading River
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Wading River
  • Carrier Code: R003
  • 4-Digit Zip Code: 1415
  • Zip Code: 11792

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,869,241
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.2229
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 69
  • Final Value: 804,966
  • High Value: 984,428
  • Low Value: 625,505

    Market Valuation

  • Market Total Value: $977,396
  • Market Land Value: $94,726
  • Market Improvement Value: $882,670

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,800
  • Assessed Land Value: $8,800
  • Assessed Improvements Value: $82,000

    Sales

  • Current Sale Contract Date: Jan 12, 2015
  • Current Sale Recording Date: Jan 29, 2015
  • Current Sale Price:
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Aug 10, 2010
  • Previous Sale Contract Date: Jul 29, 2010
  • Previous Sale Amount: $55,000
  • Previous Sale Document Type: 12
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Wading River


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Frequently Asked Questions

When was property at 2971 North Wading River Road built and last sold?
The property at 2971 North Wading River Road was built in and last sold on Jan 12, 2015 for $80,000.
How much is this home worth?
The estimated value of the home located at 2971 North Wading River Road is $0.
What are some comparable homes to 2971 North Wading River Road?
There are currently no comparable homes to 2971 North Wading River Road.