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Jamesport 11970
42 Oak Drive
Photo of 42 Oak Drive
Sold on Jul 20, 2026

24

Map

Photo of 42 Oak Drive
Photo of 42 Oak Drive
$375,000
● House - Off Market

42 Oak Drive

Riverhead, NY 11901
bedrooms
2 Beds
bathrooms
1 Bath
square feet
616 Ft²
$2,315
Est. Monthly

About This Property

Welcome to 42 Oak Drive in Riverhead! This charming 2-bedroom, 1-bath home features a beautifully renovated, brand-new kitchen, offering modern style and functionality. With low annual taxes of just $4,202, this property is an excellent opportunity for first-time buyers, downsizers, or investors. Conveniently located near shopping, dining, and local amenities-don't miss your chance to make this move-in-ready home yours!
Unit Size
616 Ft²
Days on Market
119 days
Land Size
0.11 acres
Price per sqft
$649
Property Type
House
Property Taxes
$350
HOA Dues
-
Year Built
1963

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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 months ago (OneKey MLS #KEY975172)

Price History

Date / Event Date Event Price
Jul 20, 2026 Sold
Premium
Sold
May 8, 2026 In contract -
In contract
Mar 23, 2026 Listed by Signature Premier Properties $399,999
Listed by Signature Premier Properties
Mar 3, 2026 No longer available -
No longer available
Dec 30, 2025 Price Decreased $399,989
↓ $15K (3.6%)
Price Decreased
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • 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: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,718
  • Building Area: 1,718
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,718
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: *1286 20.45 FT LOT 33 FAIRHAVEN LOTS 32 & NLY

Neighborhood

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

Zoning

  • Zoning: 03 - MULTI

Geography

  • Account Number: 31
  • District: 0600-0
  • Section: 70.00
  • Parcel: 0600-070.00-01.00-045.000
  • Block: 1
  • Lot: 45.000
  • Municipality: RIVERHEAD
  • Latitude: 40.9457
  • Longitude: -72.5684

    Address

  • Full Address: 42 Oak Dr
  • Address - House Number: 42
  • Address - Street Name: Oak
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Riverhead
  • Carrier Code: R004
  • 4-Digit Zip Code: 1519
  • Zip Code: 11901

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2692
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 665,624
  • High Value: 844,818
  • Low Value: 486,429

    Market Valuation

  • Market Total Value: $575,888
  • Market Land Value: $77,503
  • Market Improvement Value: $498,385

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,500
  • Assessed Land Value: $7,200
  • Assessed Improvements Value: $46,300

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 17, 2001
  • Current Sale Recording Date: Sep 18, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Feb 07, 1996
  • Previous Sale Contract Date: Jan 30, 1996
  • Previous Sale Amount: $168,000
  • 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 Jamesport

Stats & Trends

Median Asking:

$949,000

Sale Price/ft²

$511

Below Asking

0.03%

Average Days on Market

92

Average Home Size

2844 ft²

Average Home Age

37.2 years

Currently For Sale

9 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 400 Wells Road, Southold, NY, 11948

$8,000 /mo

  • 3 Beds
  • 2 Baths
400 Wells Road, Southold, NY, 11948 Listing by Mariah J. Mills
Unit for rent at 144 Manor Lane, Jamesport, NY, 11901

$10,000 /mo

  • 4 Beds
  • 2 Baths
  • 2,100 ft²
144 Manor Lane, Jamesport, NY, 11901 Listing by Teresa Rogers CBR
Unit for rent at 7 Eileen Circle, Riverhead, NY, 11901

$10,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,572 ft²
7 Eileen Circle, Riverhead, NY, 11901 Listing by Peter D. Halpin

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 42 Oak Drive built and last sold?
The property at 42 Oak Drive was built in 1963 and last sold on Jul 17, 2001 for $170,000.
How much is this home worth?
The estimated value of the home located at 42 Oak Drive is $403,999.
What are some comparable homes to 42 Oak Drive?
There are currently no comparable homes to 42 Oak Drive.
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