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Riverhead 11901
38 Dolphin Way
Photo of 38 Dolphin Way
Sold on May 9, 2023

31

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Photo of 38 Dolphin Way
Photo of 38 Dolphin Way
$670,000
● House - Off Market

38 Dolphin Way

Riverhead, NY 11901
bedrooms
3 Beds
bathrooms
1 Bath
$674,187
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Quiet, Beautiful sun filled, tree lined street. Recently renovated kitchen with Granite Counters, floors, and recessed lighting. Sliding doors to oversized Trek deck where you can enjoy BBQ'ing, sunbathing and taking in the views. Close to all beaches, farms wineries and the Tanger outlets. Great for a large family. Plenty of room for a pool!, Additional information: Appearance:good,Interior Features:Lr/Dr,Separate Hotwater Heater:n
Unit Size
-
Days on Market
-
Land Size
0.47 acres
Price per sqft
-
Property Type
House
Property Taxes
$929
HOA Dues
-
Year Built
1985

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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: 2 years ago (OneKey MLS #KEYL3458428)

Price History

Date / Event Date Event Price
Jul 13, 2023 Sold
Premium
Sold
May 9, 2023 Sold
Premium
Sold
Mar 1, 2023 In contract -
In contract
Feb 13, 2023 Listed by United Realty Associates $669,000
Listed by United Realty Associates

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 286
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,473
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 2,295
  • Building Area: 2,295
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,295
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000470
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 5417 LOT 1A MAP OF DOLPHIN WAY SEC 2

Neighborhood

  • School District Name: Riverhead Central School District
  • School Tax School District: RIVERHEAD
  • Census Tract: 169903

Zoning

  • Zoning: 01 - NOT Z

Geography

  • Account Number: 21
  • District: 0600-0
  • Section: 17.00
  • Parcel: 0600-017.00-02.00-002.000
  • Block: 2
  • Lot: 2.000
  • Municipality: RIVERHEAD
  • Latitude: 40.9697
  • Longitude: -72.6983

    Address

  • Full Address: 38 Dolphin Way
  • Address - House Number: 38
  • Address - Street Name: Dolphin
  • Address - Suffix Type: Way
  • State: NY
  • City Name: Riverhead
  • Carrier Code: R001
  • 4-Digit Zip Code: 6301
  • Zip Code: 11901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,141,820
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 82
  • Final Value: 654,572
  • High Value: 749,006
  • Low Value: 560,139

    Market Valuation

  • Market Total Value: $608,181
  • Market Land Value: $80,732
  • Market Improvement Value: $527,449

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $56,500
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $49,000

    Sales

  • Current Sale Contract Date: May 09, 2023
  • Current Sale Recording Date: Jul 13, 2023
  • Current Sale Price:
    Premium
  • Current 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 Riverhead

Stats & Trends

Median Asking:

$590,000

Sale Price/ft²

$395

Below Asking

0.01%

Average Days on Market

85

Average Home Size

1878 ft²

Average Home Age

57.4 years

Currently For Sale

39 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

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 38 Dolphin Way built and last sold?
The property at 38 Dolphin Way was built in 1985 and last sold on May 9, 2023 for $670,000.
How much is this home worth?
The estimated value of the home located at 38 Dolphin Way is $0.
What are some comparable homes to 38 Dolphin Way?
There are currently no comparable homes to 38 Dolphin Way.
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