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Wading River 11792
6 Central Avenue
$260,000
● House - Off Market

6 Central Avenue

Riverhead, NY 11792
bedrooms
3 Beds
bathrooms
1 Bath
$473,129
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Location! Location! Location! This is a summer bungalow and is very summer oriented. Needs TLC. Very close to Wading River Beach and has winter water views.Easy access to East End wineries, Restaurants, and Farms., Additional information: Appearance:Fair,Business Located At:,Interior Features:Lr/Dr,Rental Income:,Separate Hotwater Heater:y
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
House
Property Taxes
$614
HOA Dues
-
Year Built
1910

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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: 4 months ago (OneKey MLS #KEYL3151984)

Price History

Date / Event Date Event Price
Sep 17, 2020 Sold
Premium
Sold
Aug 4, 2020 In contract -
In contract
Aug 1, 2020 No longer available -
No longer available
Jul 31, 2019 Listed by Coldwell Banker M&D Good Life $350,000
Listed by Coldwell Banker M&D Good Life

Property Highlights

Garage
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 1,290
  • Building Area: 1,290
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 1,290
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHORE PARK
  • Land Acres: 0000000350
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: *670 LOTS 26 & 27 SHORE PARK

Neighborhood

  • School District Name: Shoreham-Wading River Central School District
  • School Tax School District: SHOREHAM-WADING
  • Census Tract: 169701

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 39
  • District: 0600-0
  • Section: 24.00
  • Parcel: 0600-024.00-02.00-015.000
  • Block: 2
  • Lot: 15.000
  • Municipality: RIVERHEAD
  • Latitude: 40.9651
  • Longitude: -72.8514

    Address

  • Full Address: 6 Central Ave
  • Address - House Number: 6
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Wading River
  • Carrier Code: R005
  • 4-Digit Zip Code: 1003
  • Zip Code: 11792

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,341,159
  • Tax Rate Code Area: 473001

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 588,384
  • High Value: 724,574
  • Low Value: 452,193

    Market Valuation

  • Market Total Value: $575,888
  • Market Land Value: $96,878
  • Market Improvement Value: $479,010

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,500
  • Assessed Land Value: $9,000
  • Assessed Improvements Value: $44,500

    Sales

  • Current Sale Contract Date: Sep 17, 2020
  • Current Sale Recording Date: Sep 29, 2020
  • Current Sale Price:
    Premium
  • Current 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 Wading River

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$367

Below Asking

0.02%

Average Days on Market

94

Average Home Size

2276 ft²

Average Home Age

57.7 years

Currently For Sale

29 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 126 Overhill Road, Wading River, NY, 11792

$7,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
126 Overhill Road, Wading River, NY, 11792 Listing by Mariana Nunes

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 6 Central Avenue built and last sold?
The property at 6 Central Avenue was built in 1910 and last sold on Sep 17, 2020 for $260,000.
How much is this home worth?
The estimated value of the home located at 6 Central Avenue is $353,500.
What are some comparable homes to 6 Central Avenue?
There are currently no comparable homes to 6 Central Avenue.
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