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Riverhead 11901
553 Raynor Avenue
Photo of 553 Raynor Avenue
Sold on Nov 3, 2025

12

Map

Photo of 553 Raynor Avenue
Photo of 553 Raynor Avenue
$500,000
● House - Off Market

553 Raynor Avenue

Riverhead, NY 11901
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,157 Ft²
$3,145
Est. Monthly
11.18%
Cap Rate

About This Property

WONDERFUL RANCH, PERFECT LOCATION, HUGE BACKYARD, 3 BEDROOMS, 1 BATH
Unit Size
1,157 Ft²
Days on Market
193 days
Land Size
0.36 acres
Price per sqft
$462
Property Type
House
Property Taxes
$518
HOA Dues
-
Year Built
1930

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 12 months ago (OneKey MLS #KEY853272)

Price History

Date / Event Date Event Price
Nov 3, 2025 Sold
Premium
Sold
Sep 24, 2025 In contract -
In contract
May 30, 2025 Price Decreased $535,000
↓ $64K (10.7%)
Price Decreased
Apr 24, 2025 Listed by Signature Premier Properties $599,000
Listed by Signature Premier Properties
Mar 24, 2017 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 190
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,344
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,231
  • Building Area: 1,231
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,231
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000490
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

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

Zoning

  • Zoning: 9

Geography

  • Account Number: 04
  • District: 0600-1
  • Section: 125.00
  • Parcel: 0600-125.00-01.00-009.000
  • Block: 1
  • Lot: 9.000
  • Municipality: RIVERHEAD
  • Latitude: 40.9223
  • Longitude: -72.6792

    Address

  • Full Address: 553 Raynor Ave
  • Address - House Number: 553
  • Address - Street Name: Raynor
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Riverhead
  • Carrier Code: C016
  • 4-Digit Zip Code: 2923
  • Zip Code: 11901

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 507,817
  • High Value: 625,359
  • Low Value: 390,274

    Market Valuation

  • Market Total Value: $396,125
  • Market Land Value: $80,732
  • Market Improvement Value: $315,393

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,800
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $29,300

    Sales

  • Current Sale Contract Date: Feb 16, 2017
  • Current Sale Recording Date: Mar 24, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Jul 01, 1996
  • Previous Sale Contract Date: Jun 19, 1996
  • Previous Sale Amount: $68,000
  • 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 Riverhead

Stats & Trends

Median Asking:

$592,500

Sale Price/ft²

$395

Below Asking

0.01%

Average Days on Market

86

Average Home Size

1785 ft²

Average Home Age

56.1 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

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 12 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 553 Raynor Avenue built and last sold?
The property at 553 Raynor Avenue was built in 1930 and last sold on Feb 16, 2017 for $100,000.
How much is this home worth?
The estimated value of the home located at 553 Raynor Avenue is $540,421.
What are some comparable homes to 553 Raynor Avenue?
There are currently no comparable homes to 553 Raynor Avenue.
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