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Riverhead 11901
515 Sweezy Avenue
Photo of 515 Sweezy Avenue
Sold on Mar 3, 2026

11

Map

Photo of 515 Sweezy Avenue
Photo of 515 Sweezy Avenue
$500,000
● House - Off Market

515 Sweezy Avenue

Riverhead, NY 11901
bedrooms
3 Beds
bathrooms
2 Baths
square feet
960 Ft²
$2,954
Est. Monthly

About This Property

Welcome to this beautifully cared for home. Featuring 3-bedrooms, 2-bathrooms,  9-foot ceilings throughout with an open and comfortable layout. The kitchen features timeless white shaker cabinetry, a center island with room for seating and stainless-steel appliances. The home has recessed lighting throughout, beautiful modern flooring and a brand new 200-amp electrical service.  A spacious attic and full basement allow for abundant storage. Outside, the home has new vinyl siding, and you can enjoy a spacious backyard with a detached 1-car garage for added convenience.
Unit Size
960 Ft²
Days on Market
110 days
Land Size
0.15 acres
Price per sqft
$521
Property Type
House
Property Taxes
$498
HOA Dues
-
Year Built
1926

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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: 8 months ago (OneKey MLS #KEY935631)

Price History

Date / Event Date Event Price
Mar 3, 2026 Sold
Premium
Sold
Jan 1, 2026 In contract -
In contract
Nov 13, 2025 Listed by RYLIA Homes Inc $499,990
Listed by RYLIA Homes Inc
Jan 31, 2003 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • 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: 4
  • Garage Square Area: 300
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 520
  • Total Building Area: 960
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 960
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP #2 PROPERTY WILLIAM H SWEENY
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: *817 WM H SWEEZY MAP # 2 L31 & SLY 2 L32 462 0000 2

Neighborhood

  • School District Name: Riverhead Central School District
  • School Tax School District: RIVERHEAD
  • Census Tract: 169800

Zoning

  • Zoning: 03 - MULTI

Geography

  • Account Number: 04
  • District: 0600-1
  • Section: 123.00
  • Parcel: 0600-123.00-02.00-036.000
  • Block: 2
  • Lot: 36.000
  • Municipality: RIVERHEAD
  • Latitude: 40.925
  • Longitude: -72.6767

    Address

  • Full Address: 515 Sweezy Ave
  • Address - House Number: 515
  • Address - Street Name: Sweezy
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Riverhead
  • Carrier Code: C003
  • 4-Digit Zip Code: 2942
  • Zip Code: 11901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $277,662
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.2648
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 62
  • Final Value: 555,729
  • High Value: 702,916
  • Low Value: 408,542

    Market Valuation

  • Market Total Value: $269,107
  • Market Land Value: $58,127
  • Market Improvement Value: $210,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,000
  • Assessed Land Value: $5,400
  • Assessed Improvements Value: $19,600

    Sales

  • Current Sale Contract Date: Jan 21, 2003
  • Current Sale Recording Date: Jan 31, 2003
  • Current Sale Price:
    Premium
  • Current 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 Riverhead

Stats & Trends

Median Asking:

$590,000

Sale Price/ft²

$394

Below Asking

0.01%

Average Days on Market

85

Average Home Size

1816 ft²

Average Home Age

57.7 years

Currently For Sale

41 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 424 Sweezy Avenue, Riverhead, NY, 11901

$3,800 /mo

  • 3 Beds
  • 1 Bath
  • 900 ft²
424 Sweezy Avenue, Riverhead, NY, 11901 Listing by Joan M. Waggoner
Unit for rent at 1375 West Main Street, Riverhead, NY, 11901

$3,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,032 ft²
1375 West Main Street, Riverhead, NY, 11901 Listing by Abby Harkins
Unit for rent at 19 Kroemer Avenue, Riverhead, NY, 11901

$9,000 /mo

  • 4 Beds
  • 2 Baths
  • 2,000 ft²
19 Kroemer Avenue, Riverhead, NY, 11901 Listing by Brian R. Phelps

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 8 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 515 Sweezy Avenue built and last sold?
The property at 515 Sweezy Avenue was built in 1926 and last sold on Jan 21, 2003 for $198,000.
How much is this home worth?
The estimated value of the home located at 515 Sweezy Avenue is $0.
What are some comparable homes to 515 Sweezy Avenue?
There are currently no comparable homes to 515 Sweezy Avenue.
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