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East Shoreham 11786 East Shoreham
3 Southgate
$750,000
● House - Off Market

3 Southgate

Brookhaven, NY 11786
bedrooms
4 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
5,000 Ft²
$857,075
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Very private and wooded on an acre professionally landscaped property in Soundview Acres with private beach association. The main residence has eat-in kitchen with high end custom cabinets, vaulted ceiling, recessed lighting,, skylights, desk, the den has a wood burning fireplace, living room and dining room, hardwood floors, media room, bedroom, bath and laundry, the upstairs has sitting area, master bedroom and custom bathroom with walk-in shower, lair-jet bathtub, twin sink vanity. the office has a client waiting room, front desk, work stations, conference room, and ,more.  The private back yard has a huge paved patio, and a 16x 32 in-ground pool.  Truly one of a kind special home., Additional information: Appearance:Diamond,Separate Hotwater Heater:y
Unit Size
5,000 Ft²
Days on Market
128 days
Land Size
0.92 acres
Price per sqft
$151
Property Type
House
Property Taxes
$1,534
HOA Dues
-
Year Built
1974

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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 #KEYL3315189)

Price History

Date / Event Date Event Price
Nov 5, 2021 Sold
Premium
Sold
Sep 28, 2021 Sold
Premium
Sold
Jun 21, 2021 In contract -
In contract
May 24, 2021 Relisted $755,000
Relisted
May 23, 2021 In contract -
In contract
Show More

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,075
  • Total Building Area: 4,142
  • Building Area: 4,142
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 4,142
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUND VIEW ACRES
  • Land Acres: 0000000920
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: SOUND VIEW ACRES 5837 SEC 1 8

Neighborhood

  • School District Name: Shoreham-Wading River Central School District
  • School Tax School District: SHOREHAM-WADING
  • Census Tract: 158402

Geography

  • Assessors Map Reference: MAP 1905837
  • Account Number: 00001950008
  • District: 0200-0
  • Section: 58.00
  • Parcel: 0200-058.00-03.00-025.000
  • Block: 3
  • Lot: 25.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.9523
  • Longitude: -72.8915

    Address

  • Full Address: 3 Southgate
  • Address - House Number: 3
  • Address - Street Name: Southgate
  • State: NY
  • City Name: Shoreham
  • Carrier Code: R001
  • 4-Digit Zip Code: 1626
  • Zip Code: 11786

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 473001

    Appraisal Valuation

  • Standard Deviation: 0.2668
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 835,009
  • High Value: 1,057,804
  • Low Value: 612,214

    Market Valuation

  • Market Total Value: $9,259
  • Market Land Value: $926
  • Market Improvement Value: $8,333

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,000
  • Assessed Land Value: $500
  • Assessed Improvements Value: $4,500

    Sales

  • Current Sale Contract Date: Sep 28, 2021
  • Current Sale Recording Date: Nov 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 09, 1999
  • Previous Sale Contract Date: Jul 29, 1999
  • Previous Sale Amount: $334,500
  • Previous Sale Document Type: 12
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 East Shoreham

Stats & Trends

Median Asking:

$740,000

Sale Price/ft²

$343

Below Asking

0.01%

Average Days on Market

100

Average Home Size

2374 ft²

Average Home Age

48.4 years

Currently For Sale

20 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 26 Fox Lane, Shoreham, NY, 11786

$4,750 /mo

  • 4 Beds
  • 3 Baths
  • 1,720 ft²
26 Fox Lane, Shoreham, NY, 11786 Listing by Gina Marie Bettenhauser ABR SRES C

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 3 Southgate built and last sold?
The property at 3 Southgate was built in 1974 and last sold on Sep 28, 2021 for $750,000.
How much is this home worth?
The estimated value of the home located at 3 Southgate is $813,925.
What are some comparable homes to 3 Southgate?
There are currently no comparable homes to 3 Southgate.
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