by RH Advisors
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Wading River 11792
87 16th Street
$625,000
● House - Off Market

87 16th Street

Riverhead, NY 11792
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,533 Ft²
$3,590
Est. Monthly
71.45%
Cap Rate

About This Property

Start 2025 off right in your new 4 bedroom 3.5 bath Victorian. This house was built in 2004 has room for extended family and is waiting for you to call it HOME! From the moment you pull up, you will fall in love with the curb appeal. The paver driveway and front porch add a lovely touch to an already beautiful home. Who doesn't love an open concept with hardwood floors and a fireplace? The primary bedroom has great closet space, hardwood floors, cathedral ceilings and its own bathroom. Plus, there are 3 other bedrooms and a full bath on the second floor. The basement has an outside entrance, full bath, and more. This home is situated on a very manageable piece of property. Call today for a private showing!
Unit Size
1,533 Ft²
Days on Market
77 days
Land Size
-
Price per sqft
$375
Property Type
House
Property Taxes
$766
HOA Dues
-
Year Built
2004

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 6 months ago (OneKey MLS #KEY809375)

Price History

Date / Event Date Event Price
Mar 21, 2025 Sold
Premium
Sold
Jan 17, 2025 In contract -
In contract
Jan 2, 2025 Listed by Douglas Elliman Real Estate $575,000
Listed by Douglas Elliman Real Estate
Jun 23, 2005 Sold
Premium
Sold
Mar 20, 2004 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1
  • Garage Square Area: 252
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,533
  • Building Area: 1,533
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,533
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: NX 16TH ST

Neighborhood

  • School District Name: Riverhead Central School District
  • School Tax School District: RIVERHEAD
  • Census Tract: 169701

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 30
  • District: 0600-0
  • Section: 34.00
  • Parcel: 0600-034.00-01.00-046.000
  • Block: 1
  • Lot: 46.000
  • Municipality: RIVERHEAD
  • Latitude: 40.9595
  • Longitude: -72.8112

    Address

  • Full Address: 87 16th St
  • Address - House Number: 87
  • Address - Street Name: 16th
  • Address - Suffix Type: St
  • State: NY
  • City Name: Wading River
  • Carrier Code: R003
  • 4-Digit Zip Code: 1925
  • Zip Code: 11792

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $853,143
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.2388
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 624,830
  • High Value: 774,090
  • Low Value: 475,571

    Market Valuation

  • Market Total Value: $445,640
  • Market Land Value: $51,668
  • Market Improvement Value: $393,972

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,400
  • Assessed Land Value: $4,800
  • Assessed Improvements Value: $36,600

    Sales

  • Current Sale Contract Date: Jun 17, 2005
  • Current Sale Recording Date: Jun 23, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 20, 2004
  • Previous Sale Contract Date: Mar 01, 2004
  • Previous Sale Amount: $105,000
  • 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 Wading River

Stats & Trends

Median Asking:

$749,500

Sale Price/ft²

$369

Below Asking

0.02%

Average Days on Market

94

Average Home Size

2374 ft²

Average Home Age

53.3 years

Currently For Sale

33 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: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 87 16th Street built and last sold?
The property at 87 16th Street was built in 2004 and last sold on Jun 17, 2005 for $390,000.
How much is this home worth?
The estimated value of the home located at 87 16th Street is $0.
What are some comparable homes to 87 16th Street?
There are currently no comparable homes to 87 16th Street.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Riverhead Homes for Sale
Riverhead Houses for Sale
Riverhead Condos for Sale
Riverhead Co-Ops for Sale
Riverhead Townhouses for Sale
Riverhead Multifamily for Sale
Riverhead Land for Sale
Riverhead Commercial for Sale
Nearby Cities
Coram Homes for Sale
Bridgeport Homes for Sale
Shirley Homes for Sale
Central Islip Homes for Sale
Centereach Homes for Sale
New Haven Homes for Sale
Mastic Beach Homes for Sale
Ridge Homes for Sale
Nearby Property Records
Suffolk County, NY Property Records
New Haven County, CT Property Records
Middlesex County, CT Property Records
Fairfield County, CT Property Records
Nassau County, NY Property Records
New London County, CT Property Records
Hartford County, CT Property Records
Westchester County, NY Property Records
Neighborhoods
North End Real Estate
Woodmont Real Estate
Devon - Walnut Beach Real Estate
Brooklawn - St. Vincent Real Estate
Parkway - Wheelers Farm Road Real Estate
North Bridgeport Real Estate
Downtown Milford - Harbor - Post Road South Real Estate
Hill Real Estate
Nearby Counties
Brookhaven Homes for Sale
Islip Homes for Sale
Smithtown Homes for Sale
Southampton Homes for Sale
Southold Homes for Sale
Bridgeport Homes for Sale
New Haven Homes for Sale
Milford Homes for Sale
Top Real Estate Agents
Top Agents in Riverhead
Top Agents in Brookhaven
Top Agents in Islip
Top Agents in Smithtown
Top Agents in Southampton
Top Agents in Coram
Top Agents in 11772
Top Agents in Southold