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Flanders 11901
304 Oak Avenue
$485,000
● House - Off Market

304 Oak Avenue

Southampton, NY 11901
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,080 Ft²
$2,634
Est. Monthly

About This Property

Located in Southampton Township. Low taxes. Four (4) bedrooms, 1 full bathroom. Main floor has 2 bedrooms, living room, kitchen and brand new washer/dryer unit. Second floor has 2 nice sized bedrooms.
Unit Size
1,080 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$444
Property Type
House
Property Taxes
$282
HOA Dues
-
Year Built
1991

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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 #KEYL3571756)

Price History

Date / Event Date Event Price
Nov 6, 2024 Sold
Premium
Sold
Aug 28, 2024 In contract -
In contract
Aug 12, 2024 Listed by Douglas Elliman Real Estate $479,000
Listed by Douglas Elliman Real Estate
Feb 4, 2021 Sold
Premium
Sold
Nov 2, 2020 In contract -
In contract
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERHEAD ESTATES
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: BLK 4 LOT 26-28

Neighborhood

  • School District Name: Riverhead Central School District
  • School Tax School District: RIVERHEAD
  • Census Tract: 190405

Zoning

  • Zoning: CR40

Geography

  • Assessors Map Reference: MAP 574
  • District: 0900-1
  • Section: 166.00
  • Parcel: 0900-166.00-02.00-005.000
  • Block: 2
  • Lot: 5.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.8996
  • Longitude: -72.6275

    Address

  • Full Address: 304 Oak Ave
  • Address - House Number: 304
  • Address - Street Name: Oak
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Riverhead
  • Carrier Code: C011
  • 4-Digit Zip Code: 4253
  • Zip Code: 11901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $331,608
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 355,345
  • High Value: 437,595
  • Low Value: 273,094

    Market Valuation

  • Market Total Value: $274,820
  • Market Land Value: $130,072
  • Market Improvement Value: $144,748

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $191,000
  • Assessed Land Value: $90,400
  • Assessed Improvements Value: $100,600

    Sales

  • Current Sale Contract Date: Aug 12, 2005
  • Current Sale Recording Date: Aug 24, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 12, 2005
  • Previous Sale Contract Date: Aug 12, 2005
  • Previous Sale Amount: $258,500
  • 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 Flanders

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$451

Below Asking

0.02%

Average Days on Market

91

Average Home Size

1405 ft²

Average Home Age

41.7 years

Currently For Sale

11 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 47 Whitebrook Drive, Riverhead, NY, 11901

$4,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
47 Whitebrook Drive, Riverhead, NY, 11901 Listing by Thomas Panebianco
Unit for rent at 149 C Riverside Drive, Riverhead, NY, 11901

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,040 ft²
149 C Riverside Drive, Riverhead, NY, 11901 Listing by Tracie Kateridge

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 304 Oak Avenue built and last sold?
The property at 304 Oak Avenue was built in 1991 and last sold on Aug 12, 2005 for $258,500.
How much is this home worth?
The estimated value of the home located at 304 Oak Avenue is $483,790.
What are some comparable homes to 304 Oak Avenue?
There are currently no comparable homes to 304 Oak Avenue.
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