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Riverhead 11901
56 Arrowhead Avenue
Photo of 56 Arrowhead Avenue
Sold on Sep 3, 2026

33

Map

Photo of 56 Arrowhead Avenue
Photo of 56 Arrowhead Avenue
$700,000
● House - Off Market

56 Arrowhead Avenue

Riverhead, NY 11901
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,558 Ft²
$4,351
Est. Monthly

About This Property

An incredible opportunity awaits as you find this renovated home which sits toward the end of a private cul-de-sac in the heart of Riverhead! This well-maintained 3 bedroom, 2 bath colonial has an open concept that blends comfort and modern finishes across all living areas. Featuring a bright and open layout, hardwood floors, renovated bathrooms & kitchen, not to mention a full basement...this is the home you have been searching for. Outside you will find a beautifully designed backyard complete with a large trex deck, outdoor kitchen, and so much more for your entraining purposes. Conveniently located near shopping, dining, golf courses, and all the North Fork has to offer; not to mention solar panels and a transferable warranty on the roof! Don't miss your chance to see this gem!
Unit Size
1,558 Ft²
Days on Market
122 days
Land Size
0.36 acres
Price per sqft
$481
Property Type
House
Property Taxes
$672
HOA Dues
-
Year Built
1991

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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: 23 days ago (OneKey MLS #KEY992650)

Price History

Date / Event Date Event Price
Sep 3, 2026 Sold
Premium
Sold
Jun 13, 2026 In contract -
In contract
May 4, 2026 Listed by Michael J Watts & Assoc Inc $749,000
Listed by Michael J Watts & Assoc Inc
Dec 11, 2017 Sold
Premium
Sold
Mar 17, 2004 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,682
  • Lot Size Frontage Feet: 1,346
  • Total Building Area: 1,558
  • Building Area: 1,558
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,558
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 2
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000360
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: MAP OF BEAR ESTATES MAP # 9095 FILED 5/10/91 LOT 18

Neighborhood

  • School District Name: Riverhead Central School District
  • School Tax School District: RIVERHEAD
  • Census Tract: 169903

Zoning

  • Zoning: RA40

Geography

  • Account Number: 17
  • District: 0600-0
  • Section: 84.00
  • Parcel: 0600-084.00-01.00-002.024
  • Block: 1
  • Lot: 2.024
  • Municipality: RIVERHEAD
  • Latitude: 40.9412
  • Longitude: -72.6661

    Address

  • Full Address: 56 Arrowhead Ave
  • Address - House Number: 56
  • Address - Street Name: Arrowhead
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Riverhead
  • Carrier Code: R003
  • 4-Digit Zip Code: 6620
  • Zip Code: 11901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $719,874
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.2545
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 589,347
  • High Value: 739,359
  • Low Value: 439,335

    Market Valuation

  • Market Total Value: $372,443
  • Market Land Value: $86,114
  • Market Improvement Value: $286,329

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,600
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $26,600

    Sales

  • Current Sale Contract Date: Mar 28, 2007
  • Current Sale Recording Date: Dec 11, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 0017-0219632
  • Previous Sale Recording Date: Mar 17, 2004
  • Previous Sale Contract Date: Feb 27, 2004
  • Previous Sale Amount: $289,000
  • Previous 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:

$599,000

Sale Price/ft²

$389

Below Asking

0.01%

Average Days on Market

85

Average Home Size

1783 ft²

Average Home Age

57.8 years

Currently For Sale

40 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 788 Reeves Avenue, Riverhead, NY, 11901

$5,000 /mo

  • 3 Beds
  • 2 Baths
  • 3,948 ft²
788 Reeves Avenue, Riverhead, NY, 11901 Listing by Natalie Hough
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

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 23 days ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 56 Arrowhead Avenue built and last sold?
The property at 56 Arrowhead Avenue was built in 1991 and last sold on Mar 28, 2007 for $98,750.
How much is this home worth?
The estimated value of the home located at 56 Arrowhead Avenue is $753,781.
What are some comparable homes to 56 Arrowhead Avenue?
There are currently no comparable homes to 56 Arrowhead Avenue.
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