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Flanders 11901
50 Longneck Boulevard
$430,000
● House - Off Market

50 Longneck Boulevard

Riverhead, NY 11901
bedrooms
2 Beds
bathrooms
1 Bath
$2,563
Est. Monthly
11.06%
Cap Rate

About This Property

Welcome to this Charming 2-Bedroom Ranch with Beach Rights Located in  Southampton Township. This delightful 2-bedroom ranch offers Luxury laminate flooring, eat In kitchen, formal living room with natural light.  A flexible room for den or dining,  Separate hot water heater and a 10-year-old gas heating system for comfort and efficiency.  Home boasts Low taxes and beach rights, perfect for enjoying coastal living.  Close proximity to the water, combining convenience and relaxation.  This home is ideal for downsizers, first-time buyers, or as a vacation retreat!, Additional information: Appearance:Excellent
Unit Size
-
Days on Market
80 days
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$353
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 #KEYLP1439164)

Price History

Date / Event Date Event Price
Feb 24, 2025 Sold
Premium
Sold
Jan 12, 2025 In contract -
In contract
Nov 14, 2024 Listed by Coldwell Banker American Homes $449,990
Listed by Coldwell Banker American Homes

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • 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: 17
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 969
  • Building Area: 969
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 969
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAY VIEW PINES
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: BLK E LOT 5-7

Neighborhood

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

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: MAP 1405
  • District: 0900-1
  • Section: 148.00
  • Parcel: 0900-148.00-05.00-035.000
  • Block: 5
  • Lot: 35.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9054
  • Longitude: -72.6046

    Address

  • Full Address: 50 Longneck Blvd
  • Address - House Number: 50
  • Address - Street Name: Longneck
  • Address - Suffix Type: Blvd
  • State: NY
  • City Name: Riverhead
  • Carrier Code: C006
  • 4-Digit Zip Code: 4033
  • Zip Code: 11901

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 70
  • Final Value: 600,253
  • High Value: 729,182
  • Low Value: 471,324

    Market Valuation

  • Market Total Value: $344,892
  • Market Land Value: $145,755
  • Market Improvement Value: $199,137

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $239,700
  • Assessed Land Value: $101,300
  • Assessed Improvements Value: $138,400

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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:

$564,500

Sale Price/ft²

$459

Below Asking

0.02%

Average Days on Market

90

Average Home Size

1442 ft²

Average Home Age

47.7 years

Currently For Sale

10 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 86 2nd Street, South Jamesport, NY, 11970

$4,900 /mo

  • 5 Beds
  • 2 Baths
  • 4,000 ft²
86 2nd Street, South Jamesport, NY, 11970 Listing by Erica L. Kelly CBR

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 50 Longneck Boulevard built and last sold?
The property at 50 Longneck Boulevard was built in 1999 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 50 Longneck Boulevard is $0.
What are some comparable homes to 50 Longneck Boulevard?
There are currently no comparable homes to 50 Longneck Boulevard.
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