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Riverhead 11901
3097 Sound Avenue
$146,250
● House - Off Market

3097 Sound Avenue

Riverhead, NY 11901
bedrooms
3 Beds
bathrooms
1 Bath
square feet
874 Ft²
$298,991
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model

About This Property

Cute North Fork Style Cape Home In A Farmland Setting!  Hardwood Floors Throughout, Needs  Tlc.  Detached Garage, Pretty Property.  Close To The Beach!, Additional information: Appearance:Fair
Unit Size
874 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$183
Property Type
House
Property Taxes
$280
HOA Dues
-
Year Built
1900

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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: 5 months ago (OneKey MLS #KEYL2667158)

Price History

Date / Event Date Event Price
Jul 22, 2016 Sold
Premium
Sold
Dec 23, 2014 Sold
Premium
Sold
Apr 26, 2014 Listed by Colony Realty $160,000
Listed by Colony Realty

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,320
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Riverhead Central School District
  • School Tax School District: RIVERHEAD
  • Census Tract: 169705

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 21
  • District: 0600-0
  • Section: 41.00
  • Parcel: 0600-041.00-02.00-009.000
  • Block: 2
  • Lot: 9.000
  • Municipality: RIVERHEAD
  • Latitude: 40.9631
  • Longitude: -72.714

    Address

  • Full Address: 3097 Sound Ave
  • Address - House Number: 3097
  • Address - Street Name: Sound
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Riverhead
  • Carrier Code: R005
  • 4-Digit Zip Code: 1115
  • Zip Code: 11901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $648,779
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.2545
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 593,302
  • High Value: 744,321
  • Low Value: 442,283

    Market Valuation

  • Market Total Value: $379,978
  • Market Land Value: $83,961
  • Market Improvement Value: $296,017

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,300
  • Assessed Land Value: $7,800
  • Assessed Improvements Value: $27,500

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 05, 2016
  • Current Sale Recording Date: Jul 22, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Dec 23, 2014
  • Previous Sale Contract Date: Dec 12, 2014
  • Previous Sale Amount: $146,250
  • Previous Sale Document Type: 33
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

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OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 3097 Sound Avenue built and last sold?
The property at 3097 Sound Avenue was built in 1900 and last sold on Jul 5, 2016 for $310,000.
How much is this home worth?
The estimated value of the home located at 3097 Sound Avenue is $0.
What are some comparable homes to 3097 Sound Avenue?
There are currently no comparable homes to 3097 Sound Avenue.
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