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Wading River 11792
96 18th Street
$415,000
● House - Off Market

96 18th Street

Riverhead, NY 11792
bedrooms
2 Beds
bathrooms
1 Bath
square feet
864 Ft²
$2,582
Est. Monthly
13.26%
Cap Rate

About This Property

This home was completely renovated in 2020. New windows, electric, siding, heating & A/C. Attic is fully expandable. Septic system was approved for 4 bedrooms. The perfect starter or weekend home. Located 1/4 mile from the entrance to Wildwood State Park. 1/2 mile from the beach., Additional information: Appearance:Excellent,Interior Features:Lr/Dr,Separate Hotwater Heater:Yes
Unit Size
864 Ft²
Days on Market
116 days
Land Size
0.12 acres
Price per sqft
$508
Property Type
House
Property Taxes
$426
HOA Dues
-
Year Built
1952

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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 #KEYL3585089)

Price History

Date / Event Date Event Price
Feb 7, 2025 Sold
Premium
Sold
Dec 20, 2024 In contract -
In contract
Oct 14, 2024 Listed by H & G Realty New York $439,000
Listed by H & G Realty New York
Jan 22, 2024 Sold
Premium
Sold
Nov 18, 2023 In contract -
In contract
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Total Rooms: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 4
  • Building Quality: 11
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 6
  • 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: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 864
  • Heating Fuel Type: 3

    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

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: 53.00
  • Parcel: 0600-053.00-01.00-025.000
  • Block: 1
  • Lot: 25.000
  • Municipality: RIVERHEAD
  • Latitude: 40.9589
  • Longitude: -72.8102

    Address

  • Full Address: 96 18th St
  • Address - House Number: 96
  • Address - Street Name: 18th
  • Address - Suffix Type: St
  • State: NY
  • City Name: Wading River
  • Carrier Code: R003
  • 4-Digit Zip Code: 1929
  • Zip Code: 11792

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $490,452
  • Tax Rate Code Area: 473002

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 411,561
  • High Value: 470,936
  • Low Value: 352,186

    Market Valuation

  • Market Total Value: $251,883
  • Market Land Value: $51,668
  • Market Improvement Value: $200,215

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,400
  • Assessed Land Value: $4,800
  • Assessed Improvements Value: $18,600

    Sales

  • Current Sale Contract Date: Aug 01, 2022
  • Current Sale Recording Date: Oct 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 10, 2000
  • Previous Sale Contract Date: Jun 29, 2000
  • Previous Sale Amount: $28,000
  • 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:

$750,000

Sale Price/ft²

$369

Below Asking

0.02%

Average Days on Market

95

Average Home Size

2312 ft²

Average Home Age

53.8 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

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 96 18th Street built and last sold?
The property at 96 18th Street was built in 1952 and last sold on Aug 1, 2022 for $389,900.
How much is this home worth?
The estimated value of the home located at 96 18th Street is $436,512.
What are some comparable homes to 96 18th Street?
There are currently no comparable homes to 96 18th Street.
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