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Riverhead 11901
85 Industrial Boulevard
$357,000
● House - Off Market

85 Industrial Boulevard

Riverhead, NY 11901
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,334 Ft²
$529,672
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

Recently Freshened Up With New Roof, New Windows, New Kitchen With Granite Counter Tops And Tiled Back Splash,  New Bathrooms, New Heating System, Refinshed Hard Wood Floors, Freshly Painted Inside And Outside. Easy Access To Route 58 Shopping And Expressway., Additional information: Appearance:Excellent,Separate Hotwater Heater:Elec
Unit Size
1,334 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$262
Property Type
House
Property Taxes
$662
HOA Dues
-
Year Built
1968

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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: 5 months ago (OneKey MLS #KEYL3054647)

Price History

Date / Event Date Event Price
Nov 29, 2018 Sold
Premium
Sold
Aug 6, 2018 Listed by Bagshaw Real Estate L.L.C $349,000
Listed by Bagshaw Real Estate L.L.C
Apr 23, 2018 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • 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: 1
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 1,334
  • Building Area: 1,334
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,334
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000280
  • 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: 03 - MULTI

Geography

  • Account Number: 17
  • District: 0600-1
  • Section: 121.00
  • Parcel: 0600-121.00-02.00-011.000
  • Block: 2
  • Lot: 11.000
  • Municipality: RIVERHEAD
  • Latitude: 40.9228
  • Longitude: -72.6912

    Address

  • Full Address: 85 Industrial Blvd
  • Address - House Number: 85
  • Address - Street Name: Industrial
  • Address - Suffix Type: Blvd
  • State: NY
  • City Name: Riverhead
  • Carrier Code: C009
  • 4-Digit Zip Code: 4808
  • Zip Code: 11901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $849,700
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 363,700
  • High Value: 447,884
  • Low Value: 279,515

    Market Valuation

  • Market Total Value: $446,717
  • Market Land Value: $89,343
  • Market Improvement Value: $357,374

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,500
  • Assessed Land Value: $8,300
  • Assessed Improvements Value: $33,200

    Sales

  • Current Sale Contract Date: Mar 28, 2018
  • Current Sale Recording Date: Apr 23, 2018
  • 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 Riverhead

Stats & Trends

Median Asking:

$590,000

Sale Price/ft²

$394

Below Asking

0.01%

Average Days on Market

85

Average Home Size

1816 ft²

Average Home Age

57.7 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

Unit for rent at 205 Osborn Avenue, Riverhead, NY, 11901

$2,900 /mo

  • Studio
  • 1 Bath
205 Osborn Avenue, Riverhead, NY, 11901 Listing by Judi McAvoy

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 85 Industrial Boulevard built and last sold?
The property at 85 Industrial Boulevard was built in 1968 and last sold on Mar 28, 2018 for $175,000.
How much is this home worth?
The estimated value of the home located at 85 Industrial Boulevard is $0.
What are some comparable homes to 85 Industrial Boulevard?
There are currently no comparable homes to 85 Industrial Boulevard.
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