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Riverhead 11901
982 Roanoke Avenue
Photo of 982 Roanoke Avenue

16

Map

Photo of 982 Roanoke Avenue
Photo of 982 Roanoke Avenue
$595,000
↓ $50K (7.8%)
● House - For Sale

982 Roanoke Avenue

Riverhead, NY 11901
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,116 Ft²
$4,110
Est. Monthly

About This Property

Calling all Investors!
A huge mixed-use property total of 5 bedrooms, currently used as a professional office on the FIRST FLOOR, offering a large waiting area, reception space, three rooms, and a half bathroom. The first floor provides flexible use and may be converted to residential occupancy in accordance with local regulations and required permits.

The SECOND FLOOR features a spacious living room, two bedrooms, a full bath, and a kitchen. This level offers strong multifamily or income-producing potential and requires a FULL RENOVATION.

Additional features include a large rear parking area and an accessible ramp for enhanced functionality.

Excellent opportunity for investors or end-users seeking versatility. Property is being sold As-Is.
Unit Size
2,116 Ft²
Days on Market
312 days
Land Size
0.40 acres
Price per sqft
$281
Property Type
House
Property Taxes
$1,188
HOA Dues
-
Year Built
1800

Listed By

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 21 days ago (OneKey MLS #KEY943001)

Price History

Date / Event Date Event Price
Sep 10, 2026 Price Decreased $595,000
↓ $50K (7.8%)
Price Decreased
Jun 13, 2026 Price Decreased $645,000
↓ $54K (7.7%)
Price Decreased
Dec 6, 2025 Listed by HomeSmart Dynamic Realty $698,888
Listed by HomeSmart Dynamic Realty

Property Highlights

Parking Details
Has Open Parking
Parking Features: Driveway, Parking Lot, Private
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Other
Appliances: Other
Rooms: 11
Basement: Partial
Exterior Details
Square Footage: 2116
Square Footage Source: $0
Architectural Style: Traditional
Year Built: 1800
Building Area Total: 2116
Levels: Two
Building Area Units: Square Feet
Construction Materials: Unknown
Lot Size Area: 17424
Lot Size Units: Square Feet
Lot Size Acres: 0.4
Lot Size Square Feet: 17424
Tax Lot: 37
Water Source: Public
Financial Details
Tax Assessed Value: $64,600
Tax Annual Amount: $14,255
Utilities Details
Cooling Type: Wall/Window Unit(s)
Heating Type: Oil, Other
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1800
  • Effective Year Built: 1800
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 970
  • Total Building Area: 2,116
  • Gross Building Area: 2,116
  • Building Area: 2,116
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,116
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000000400
  • Standard Land Use Code: 2044
  • County Land Use Code: 483
  • Legal Description 1: DOCTORS OFFICE 357 0000 3

Neighborhood

  • School District Name: Riverhead Central School District
  • School Tax School District: RIVERHEAD
  • Census Tract: 169800

Zoning

  • Zoning: 03 - MULTI

Geography

  • Account Number: 04
  • District: 0600-1
  • Section: 107.00
  • Parcel: 0600-107.00-01.00-037.000
  • Block: 1
  • Lot: 37.000
  • Municipality: RIVERHEAD
  • Latitude: 40.9291
  • Longitude: -72.6704

    Address

  • Full Address: 982 Roanoke Ave
  • Address - House Number: 982
  • Address - Street Name: Roanoke
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Riverhead
  • Carrier Code: C007
  • 4-Digit Zip Code: 2731
  • Zip Code: 11901

Valuation

    Tax

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

    Market Valuation

  • Market Total Value: $695,372
  • Market Land Value: $94,726
  • Market Improvement Value: $600,646

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $64,600
  • Assessed Land Value: $8,800
  • Assessed Improvements Value: $55,800
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

1839 ft²

Average Home Age

57.8 years

Currently For Sale

40 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 788 Reeves Avenue, Riverhead, NY, 11901

$5,000 /mo

  • 3 Beds
  • 2 Baths
  • 3,948 ft²
788 Reeves Avenue, Riverhead, NY, 11901 Listing by Natalie Hough
Unit for rent at 424 Sweezy Avenue, Riverhead, NY, 11901

$3,800 /mo

  • 3 Beds
  • 1 Bath
  • 900 ft²
424 Sweezy Avenue, Riverhead, NY, 11901 Listing by Joan M. Waggoner
Unit for rent at 1375 West Main Street, Riverhead, NY, 11901

$3,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,032 ft²
1375 West Main Street, Riverhead, NY, 11901 Listing by Abby Harkins

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 21 days ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 982 Roanoke Avenue built and last sold?
The property at 982 Roanoke Avenue was built in 1800 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 982 Roanoke Avenue is $600,950.
What are some comparable homes to 982 Roanoke Avenue?
There are currently no comparable homes to 982 Roanoke Avenue.
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