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Wading River 11792
40 Breezy Point Road
$340,000
● House - Off Market

40 Breezy Point Road

Riverhead, NY 11792
bedrooms
2 Beds
bathrooms
1 Bath
square feet
972 Ft²
$374,310
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Why Rent When You Can Own This 2 Bedroom Great Starter or Retirement Home Close to the Beach. Full Basement & Garage Under the Home. Brick Wood Burning Fireplace & Cherry Laminate Floor in the Spacious LR. EIK with Lots of Cabinets + Newer Backsplash & Refrigerator. New Wood Flooring in the Larger Bedroom.  Newer Siding, Leaders and Gutters, Architectural Roof (2007), Updated Bedouros Burner, Indirect Hot Water Tank & Oil Tank, New Washer & Dryer. Additional Efficient Ductless Heat/AC for More Comfort. Relax & Enjoy Nature in the Attached Sunroom. Close to Beaches, Farms, Vineyards, Restaurants & All That the North Fork has to Offer., Additional information: Appearance:Excellent,Separate Hotwater Heater:Y
Unit Size
972 Ft²
Days on Market
164 days
Land Size
0.10 acres
Price per sqft
$370
Property Type
House
Property Taxes
$435
HOA Dues
-
Year Built
1942

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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 #KEYL3417057)

Price History

Date / Event Date Event Price
Nov 28, 2022 Sold
Premium
Sold
Sep 29, 2022 Sold
Premium
Sold
Aug 31, 2022 In contract -
In contract
Apr 12, 2022 Listed by Signature Premier Properties $359,900
Listed by Signature Premier Properties
Feb 22, 2012 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 972
  • Building Area: 972
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 972
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000100
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: NX SMITH EX KNAB WX MCDERMOTT

Neighborhood

  • School District Name: Riverhead Central School District
  • School Tax School District: RIVERHEAD
  • Census Tract: 169701

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 30
  • District: 0600-0
  • Section: 34.00
  • Parcel: 0600-034.00-01.00-008.000
  • Block: 1
  • Lot: 8.000
  • Municipality: RIVERHEAD
  • Latitude: 40.962
  • Longitude: -72.8117

    Address

  • Full Address: 40 Breezy Point Rd
  • Address - House Number: 40
  • Address - Street Name: Breezy Point
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Wading River
  • Carrier Code: R003
  • 4-Digit Zip Code: 1902
  • Zip Code: 11792

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 353,930
  • High Value: 404,991
  • Low Value: 302,870

    Market Valuation

  • Market Total Value: $277,718
  • Market Land Value: $59,203
  • Market Improvement Value: $218,515

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,800
  • Assessed Land Value: $5,500
  • Assessed Improvements Value: $20,300

    Sales

  • Current Sale Contract Date: Sep 28, 2022
  • Current Sale Recording Date: Nov 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 22, 2012
  • Previous Sale Contract Date: Feb 09, 2012
  • Previous Sale Amount: $213,500
  • 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 Wading River

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$369

Below Asking

0.02%

Average Days on Market

95

Average Home Size

2381 ft²

Average Home Age

52.1 years

Currently For Sale

35 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 56b Shady Lane, Wading River, NY, 11792

$1,400 /mo

  • Studio
  • 1 Bath
  • 350 ft²
56b Shady Lane, Wading River, NY, 11792 Listing by Russell Ficken

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 40 Breezy Point Road built and last sold?
The property at 40 Breezy Point Road was built in 1942 and last sold on Sep 28, 2022 for $340,000.
How much is this home worth?
The estimated value of the home located at 40 Breezy Point Road is $363,499.
What are some comparable homes to 40 Breezy Point Road?
There are currently no comparable homes to 40 Breezy Point Road.
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