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Flanders 11901
496 Pleasure Drive
$580,000
● House - Off Market

496 Pleasure Drive

Southampton, NY 11901
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,700 Ft²
$841,239
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Lovely open concept home situated on one plus acre with pond view, all rooms freshly painted and wood floors redone. 1st Fl: Living room w/ floor to ceiling stone ,gas Fireplace. Bright and airy eat in kitchen with cork floors,gas stove, quartz counter tops, sliders to large entertaining deck ,attached laundry room with outside entrance, dining room looking out onto deck with electric roll out awning. Bedroom, Full Bath. Laundry Room. Second floor master: enjoy the view from your balcony looking onto the pond, also boasts an office or extra bedroom and updated bathroom.  Geothermal Heating and CAC. Video attached., Additional information: Appearance:Mint +++,Business Located At:,Interior Features:Lr/Dr,Rental Income:,Separate Hotwater Heater:y
Unit Size
1,700 Ft²
Days on Market
-
Land Size
1.09 acres
Price per sqft
$353
Property Type
House
Property Taxes
$501
HOA Dues
-
Year Built
1999

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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: 4 months ago (OneKey MLS #KEYL3209615)

Price History

Date / Event Date Event Price
Aug 13, 2020 Sold
Premium
Sold
Jun 18, 2020 Sold
Premium
Sold
Apr 22, 2020 In contract -
In contract
Mar 21, 2020 Listed by Realty Connect USA L I Inc $599,999
Listed by Realty Connect USA L I Inc

Property Highlights

Garage
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,480
  • Total Building Area: 1,538
  • Building Area: 1,538
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,538
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001090
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-ROW & ORS S-LORBER E-PENNY W-PLEASURE DR

Neighborhood

  • School District Name: Riverhead Central School District
  • School Tax School District: RIVERHEAD
  • Census Tract: 190405

Zoning

  • Zoning: CR200

Geography

  • District: 0900-2
  • Section: 201.00
  • Parcel: 0900-201.00-01.00-001.000
  • Block: 1
  • Lot: 1.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.8888
  • Longitude: -72.6186

    Address

  • Full Address: 496 Pleasure Dr
  • Address - House Number: 496
  • Address - Street Name: Pleasure
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Riverhead
  • Carrier Code: C011
  • 4-Digit Zip Code: 4928
  • Zip Code: 11901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $647,642
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.2399
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 721,153
  • High Value: 894,221
  • Low Value: 548,086

    Market Valuation

  • Market Total Value: $564,029
  • Market Land Value: $210,935
  • Market Improvement Value: $353,094

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $392,000
  • Assessed Land Value: $146,600
  • Assessed Improvements Value: $245,400

    Sales

  • Current Sale Contract Date: Jun 18, 2020
  • Current Sale Recording Date: Aug 13, 2020
  • 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 Flanders

Stats & Trends

Median Asking:

$559,999

Sale Price/ft²

$472

Below Asking

0.02%

Average Days on Market

88

Average Home Size

1480 ft²

Average Home Age

52.4 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 211 Longneck Boulevard, Riverhead, NY, 11901

$4,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,700 ft²
211 Longneck Boulevard, Riverhead, NY, 11901 Listing by James Bissett
Unit for rent at 47 Whitebrook Drive, Riverhead, NY, 11901

$4,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
47 Whitebrook Drive, Riverhead, NY, 11901 Listing by Thomas Panebianco

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 496 Pleasure Drive built and last sold?
The property at 496 Pleasure Drive was built in 1999 and last sold on Jun 18, 2020 for $580,000.
How much is this home worth?
The estimated value of the home located at 496 Pleasure Drive is $613,483.
What are some comparable homes to 496 Pleasure Drive?
There are currently no comparable homes to 496 Pleasure Drive.
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