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Flanders 11901
745 Pleasure Drive
$720,000
↑ $165K (22.9%)
● House - Off Market

745 Pleasure Drive

Southampton, NY 11901
bedrooms
5 Beds
bathrooms
3 Baths
$704,419
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Large 5 bed / 3 bath home situated on almost a full acre with the house set back for privacy. Possible mother / daughter with proper permits or home office. Massive heated garage. Needs some TLC but has loads of potential. Located in Southampton Township.
Unit Size
-
Days on Market
-
Land Size
0.94 acres
Price per sqft
-
Property Type
House
Property Taxes
$576
HOA Dues
-
Year Built
1994

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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 #KEYL3456369)

Price History

Date / Event Date Event Price
Sep 16, 2023 Price Increased $884,999
↑ $165K (22.9%)
Price Increased
Sep 16, 2023 Back on market -
Back on market
May 18, 2023 Sold
Premium
Sold
Apr 2, 2023 In contract -
In contract
Mar 21, 2023 Relisted $699,000
Relisted
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 17
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,946
  • Total Building Area: 1,264
  • Building Area: 1,264
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,264
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP SUNRISE ESTATES SECTION 3
  • Land Acres: 0000000940
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-WEISBERG S-GLEN E-PLEASURE DR W-MILGRAUM

Neighborhood

  • School District Name: Riverhead Central School District
  • School Tax School District: RIVERHEAD
  • Census Tract: 190405

Zoning

  • Zoning: CR200

Geography

  • District: 0900-1
  • Section: 199.00
  • Parcel: 0900-199.00-01.00-017.000
  • Block: 1
  • Lot: 17.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.8801
  • Longitude: -72.6182

    Address

  • Full Address: 745 Pleasure Dr
  • Address - House Number: 745
  • Address - Street Name: Pleasure
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Riverhead
  • Carrier Code: C011
  • 4-Digit Zip Code: 4926
  • Zip Code: 11901

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 684,147
  • High Value: 782,847
  • Low Value: 585,447

    Market Valuation

  • Market Total Value: $746,619
  • Market Land Value: $271,799
  • Market Improvement Value: $474,820

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $518,900
  • Assessed Land Value: $188,900
  • Assessed Improvements Value: $330,000

    Sales

  • Current Sale Contract Date: Dec 19, 2022
  • Current Sale Recording Date: Dec 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 34
  • Previous Sale Recording Date: Feb 13, 2003
  • Previous Sale Contract Date: Jan 29, 2003
  • Previous Sale Amount: $315,000
  • 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 Flanders

Stats & Trends

Median Asking:

$564,500

Sale Price/ft²

$459

Below Asking

0.02%

Average Days on Market

90

Average Home Size

1442 ft²

Average Home Age

47.7 years

Currently For Sale

10 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 4 The Registry, East Quogue, NY, 11942

$35,000 /mo

  • 8 Beds
  • 4 Baths
  • 4,170 ft²
4 The Registry, East Quogue, NY, 11942 Listing by Elizabeth Capozzoli

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 745 Pleasure Drive built and last sold?
The property at 745 Pleasure Drive was built in 1994 and last sold on Dec 19, 2022 for $401,000.
How much is this home worth?
The estimated value of the home located at 745 Pleasure Drive is $705,990.
What are some comparable homes to 745 Pleasure Drive?
There are currently no comparable homes to 745 Pleasure Drive.
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