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Wading River 11933
87 Kay Road
$322,240
● House - Off Market

87 Kay Road

Riverhead, NY 11933
bedrooms
3 Beds
bathrooms
1 Bath
$468,259
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

All new in 2019...3/4 bedroom ranch- new kitchen & bathroom, large laundry room /pantry, new cac/heating system, roof, windows, new 200 amp electric service. Quiet side street. Low true taxes, only $6065.65. ., Additional information: Appearance:Mint,Interior Features:Lr/Dr,Separate Hotwater Heater:yes
Unit Size
-
Days on Market
-
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$505
HOA Dues
-
Year Built
1973

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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 #KEYL3148904)

Price History

Date / Event Date Event Price
Jan 15, 2020 Sold
Premium
Sold
Nov 8, 2019 Sold
Premium
Sold
Jul 19, 2019 Listed by Executive Group Realty $319,900
Listed by Executive Group Realty
May 16, 2019 Sold
Premium
Sold
Feb 2, 2019 Listed by Realty Connect USA L I Inc $169,900
Listed by Realty Connect USA L I Inc
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Total Rooms: 6
  • 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: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,376
  • Building Area: 1,376
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 1,376
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: *2395 LOT 16 CALVERTON ACRES SEC 1

Neighborhood

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

Zoning

  • Zoning: 9

Geography

  • Account Number: 15
  • District: 0600-1
  • Section: 115.01
  • Parcel: 0600-115.01-01.00-041.000
  • Block: 1
  • Lot: 41.000
  • Municipality: RIVERHEAD
  • Latitude: 40.9216
  • Longitude: -72.8276

    Address

  • Full Address: 87 Kay Rd
  • Address - House Number: 87
  • Address - Street Name: Kay
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Calverton
  • Carrier Code: R006
  • 4-Digit Zip Code: 1004
  • Zip Code: 11933

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $768,842
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 181,579
  • High Value: 223,608
  • Low Value: 139,549

    Market Valuation

  • Market Total Value: $399,354
  • Market Land Value: $76,426
  • Market Improvement Value: $322,928

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,100
  • Assessed Land Value: $7,100
  • Assessed Improvements Value: $30,000

    Sales

  • Current Sale Contract Date: Jan 15, 2020
  • Current Sale Recording Date: Jan 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 16, 2019
  • Previous Sale Contract Date: Apr 10, 2019
  • Previous Sale Amount: $160,500
  • Previous 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

$369

Below Asking

0.02%

Average Days on Market

95

Average Home Size

2381 ft²

Average Home Age

52.1 years

Currently For Sale

35 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: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 87 Kay Road built and last sold?
The property at 87 Kay Road was built in 1973 and last sold on Jan 15, 2020 for $319,900.
How much is this home worth?
The estimated value of the home located at 87 Kay Road is $323,099.
What are some comparable homes to 87 Kay Road?
There are currently no comparable homes to 87 Kay Road.
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