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Northville 11901
5161 Sound Avenue
$975,000
● House - Off Market

5161 Sound Avenue

Riverhead, NY 11901
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,275 Ft²
$5,893
Est. Monthly

About This Property

Turn-key fully renovated in 2023 farmhouse-style home in the heart of the North Fork. Centrally located near all the best wineries, farmstands, and beaches.  Situated on an acre, this home includes 4 large bedrooms 2.5 updated baths & a brand new kitchen. Impeccable design throughout.  Other updates include a new roof, electrical, plumbing, HVAC system, gutters, and flooring.  The backyard overlooks farmland and has a new gunite 18X38 heated pool & Firepit!  Move Right in for the summer and experience the North Fork Lifestyle! This House also has great rental potential., Additional information: Appearance:Mint,Interior Features:Lr/Dr,Separate Hotwater Heater:Y
Unit Size
2,275 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$437
Property Type
House
Property Taxes
$1,007
HOA Dues
-
Year Built
2007

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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: 6 months ago (OneKey MLS #KEYL3559040)

Price History

Date / Event Date Event Price
Aug 9, 2024 Sold
Premium
Sold
Jan 30, 2024 Listed by Douglas Elliman Real Estate $995,000
Listed by Douglas Elliman Real Estate
Jan 3, 2022 Sold
Premium
Sold
Feb 25, 2009 Sold
Premium
Sold
Feb 19, 2008 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 660
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 40,511
  • Total Building Area: 2,275
  • Building Area: 2,275
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 2,275
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000930
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: MAP X SANTORIELLO #10275 FILED 5/5/99 LOT 1

Neighborhood

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

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 05
  • District: 0600-0
  • Section: 21.00
  • Parcel: 0600-021.00-02.00-018.011
  • Block: 2
  • Lot: 18.011
  • Municipality: RIVERHEAD
  • Latitude: 40.9683
  • Longitude: -72.6231

    Address

  • Full Address: 5161 Sound Ave
  • Address - House Number: 5161
  • Address - Street Name: Sound
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Riverhead
  • Carrier Code: R002
  • 4-Digit Zip Code: 5528
  • Zip Code: 11901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,235,095
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 746,062
  • High Value: 918,749
  • Low Value: 573,374

    Market Valuation

  • Market Total Value: $620,022
  • Market Land Value: $138,859
  • Market Improvement Value: $481,163

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,600
  • Assessed Land Value: $12,900
  • Assessed Improvements Value: $44,700

    Sales

  • Current Sale Contract Date: Nov 01, 2021
  • Current Sale Recording Date: Jan 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 25, 2009
  • Previous Sale Contract Date: Feb 19, 2009
  • Previous Sale Amount: $405,000
  • 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 Northville

Stats & Trends

Median Asking:

$938,500

Sale Price/ft²

$422

Below Asking

0.04%

Average Days on Market

68

Average Home Size

2644 ft²

Average Home Age

59.3 years

Currently For Sale

7 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: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 5161 Sound Avenue built and last sold?
The property at 5161 Sound Avenue was built in 2007 and last sold on Nov 1, 2021 for $355,000.
How much is this home worth?
The estimated value of the home located at 5161 Sound Avenue is $1,004,756.
What are some comparable homes to 5161 Sound Avenue?
There are currently no comparable homes to 5161 Sound Avenue.
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