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Southold 11971
33705 County Road 48
$1,650,000
● House - Off Market

33705 County Road 48

Peconic, NY 11958
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$2,240,090
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Endless Possibilities! Estate living on your own farm compound with beautifully updated home, 5500SF barn and 4.99 acres. Gorgeous gourmet kitchen, new screened porch overlooking acreage, fully updated systems including 40k watt solar energy. Ideally suited for the entrepreneur, artisan or farmer with wonderful location in the heart of the North Fork. Live the dream.
Unit Size
-
Days on Market
269 days
Land Size
4.99 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,435
HOA Dues
-
Year Built
-

Payment Calculator

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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: 3 years ago (OneKey MLS #ONE3202263)

Price History

Date / Event Date Event Price
Apr 6, 2021 Sold
Premium
Sold
Nov 19, 2020 Sold
Premium
Sold
Aug 27, 2020 In contract -
In contract
Feb 24, 2020 Listed by Daniel Gale Sothebys Intl $1,690,000
Listed by Daniel Gale Sothebys Intl
Aug 5, 2005 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • 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: 217,364
  • 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: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004990
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: BOOK 12401 PAGE 953 BILL 008603

Neighborhood

  • School District Name: Southold Union Free School District
  • School Tax School District: SOUTHOLD
  • Census Tract: 170203

Zoning

  • Zoning: AC

Geography

  • Account Number: 10
  • District: 1000-0
  • Section: 74.00
  • Parcel: 1000-074.00-02.00-012.002
  • Block: 2
  • Lot: 12.002
  • Municipality: SOUTHOLD
  • Latitude: 41.0498
  • Longitude: -72.4625

    Address

  • Full Address: 33705 County Road 48
  • Address - House Number: 33705
  • Address - Street Name: County Road 48
  • State: NY
  • City Name: Peconic
  • Carrier Code: R001
  • 4-Digit Zip Code: 1423
  • Zip Code: 11958

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,614,128
  • Tax Rate Code Area: 473805

    Appraisal Valuation

  • Standard Deviation: 0.2393
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 1,589,717
  • High Value: 1,970,187
  • Low Value: 1,209,248

    Market Valuation

  • Market Total Value: $23,334
  • Market Land Value: $6,316
  • Market Improvement Value: $17,018

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,300
  • Assessed Land Value: $3,600
  • Assessed Improvements Value: $9,700

    Sales

  • Current Sale Contract Date: Nov 19, 2020
  • Current Sale Recording Date: Apr 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 39
  • Previous Sale Recording Date: Aug 05, 2005
  • Previous Sale Contract Date: Jul 26, 2005
  • Previous Sale Amount: $905,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: VAR
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 Southold

Stats & Trends

Median Asking:

$1,299,000

Sale Price/ft²

$602

Below Asking

0.02%

Average Days on Market

114

Average Home Size

2764 ft²

Average Home Age

51.5 years

Currently For Sale

49 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 4630 Blue Horizon Bluffs, Peconic, NY, 11958

$10,000 /mo

  • 2 Beds
  • 1 Bath
  • 985 ft²
4630 Blue Horizon Bluffs, Peconic, NY, 11958 Listing by Melissa Principi

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 33705 County Rd 48 built and last sold?
The property at 33705 County Rd 48 was built in and last sold on Nov 19, 2020 for $1,570,000.
How much is this home worth?
The estimated value of the home located at 33705 County Rd 48 is $0.
What are some comparable homes to 33705 County Rd 48?
There are currently no comparable homes to 33705 County Rd 48.
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