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Aquebogue 11901
50 Southfields Road
$872,500
● House - Off Market

50 Southfields Road

Riverhead, NY 11901
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,224 Ft²
$963,993
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Westwood Estates- Large Home in Stunning Neighborhood, Recently updated and is a Beauty! 4 Bedrooms, one being a Master Bedroom with 2 Large Closets and Large Master Bathroom!  Also, First Floor Bedroom with Deck and Pool View! 2 Fireplaces. and this Home is run on Natural Gas, You Have an Inground Pool (20x40) and Large Deck for Entertaining. Full Basement with an outside entrance and Attached 2 Car Garage. Laundry Room is on the Main Floor! New Hardwood and New Roof and Gutters! Close to Beaches!  Professional Pictures very soon!, Additional information: Appearance:Excellent,Interior Features:Guest Quarters
Unit Size
3,224 Ft²
Days on Market
103 days
Land Size
0.75 acres
Price per sqft
$271
Property Type
House
Property Taxes
$1,230
HOA Dues
-
Year Built
1989

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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 #KEYL3342056)

Price History

Date / Event Date Event Price
Dec 17, 2021 Sold
Premium
Sold
Sep 20, 2021 In contract -
In contract
Aug 30, 2021 Listed by Douglas Elliman Real Estate $875,000
Listed by Douglas Elliman Real Estate
May 16, 2012 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 32,670
  • Total Building Area: 3,224
  • Building Area: 3,224
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 3,224
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000750
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: *6215 WESTWOOD ACRES LOT 25

Neighborhood

  • School District Name: Riverhead Central School District
  • School Tax School District: RIVERHEAD
  • Census Tract: 169906

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 34
  • District: 0600-0
  • Section: 66.00
  • Parcel: 0600-066.00-02.00-010.029
  • Block: 2
  • Lot: 10.029
  • Municipality: RIVERHEAD
  • Latitude: 40.9492
  • Longitude: -72.6275

    Address

  • Full Address: 50 Southfields Rd
  • Address - House Number: 50
  • Address - Street Name: Southfields
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Riverhead
  • Carrier Code: R002
  • 4-Digit Zip Code: 1725
  • Zip Code: 11901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,540,273
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.2447
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 65
  • Final Value: 946,765
  • High Value: 1,178,509
  • Low Value: 715,021

    Market Valuation

  • Market Total Value: $828,417
  • Market Land Value: $109,795
  • Market Improvement Value: $718,622

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,960
  • Assessed Land Value: $10,200
  • Assessed Improvements Value: $66,760

    Sales

  • Current Sale Contract Date: Apr 19, 2012
  • Current Sale Recording Date: May 16, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33

    Financing

  • First Mortgage Financing Type: UNK
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 Aquebogue

Stats & Trends

Median Asking:

$862,000

Sale Price/ft²

$524

Below Asking

0.04%

Average Days on Market

92

Average Home Size

2697 ft²

Average Home Age

39.5 years

Currently For Sale

13 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 807 Union Avenue, Riverhead, NY, 11901

$9,000 /mo

  • 4 Beds
  • 2 Baths
  • 2,552 ft²
807 Union Avenue, Riverhead, NY, 11901 Listing by Harsh Jhaveri

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 50 Southfields Road built and last sold?
The property at 50 Southfields Road was built in 1989 and last sold on Apr 19, 2012 for $412,500.
How much is this home worth?
The estimated value of the home located at 50 Southfields Road is $883,750.
What are some comparable homes to 50 Southfields Road?
There are currently no comparable homes to 50 Southfields Road.
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