Calling all savvy investors! 69 Philip St is a prime income-generating property located in the thriving Riverhead community. This charming 3-bedroom, 1-bathroom home, complete with a versatile office space, offers an ideal investment for those looking to expand their real estate portfolio. With tenants already in place, this is a seamless opportunity for immediate cash flow. The property features a large front patio, perfect for tenant relaxation or entertaining, and a well-maintained interior with a functional layout. The spacious living areas and natural light make this home appealing to renters, ensuring continued demand. The added bonus of a dedicated office provides versatility for tenants working from home or needing extra space. Located just minutes from Riverhead's attractions-including North Fork wineries, parks, and beaches-this property offers long-term rental appeal. Tenants will appreciate the nearby shopping, dining, and recreational options, including Tanger Outlets and Splish Splash waterpark. With a strong local rental market, this is a must-see for investors looking to secure a reliable, low-maintenance asset.
Property Details
Property Features
Property Information:
Architectural Style: Ranch
Year Built: 1955
Living Area: 1,035 SqFt
Listing Office:
Office Name: Compass Greater NY LLC
Office Phone: (631) 491-2926
Interior Features
Interior Information:
Appliances: Oven, Refrigerator
Basement: Yes
Interior: Master Downstairs, First Floor Bedroom, Formal Dining
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Parking Information:
Attached Garage: No
Parking: Private, Driveway, No Garage, On Street
Lot Features
Lot Information:
Lot: Near Public Transit
Lot Size: 0.23 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Cooling: None
Other
Directions Information:
Directions: E Main St To Philips
Price Information
Listing Price Info
Price Summary:
List Price: $390,000
Price Per SqFt: $377/SqFt
Tax Information:
Annual Amount: $3,650
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Riverhead, NY.
This property is $194.3K less than the Median Sold Price and $29/SqFt more than other homes in Riverhead, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ONEKEY
MLS Number: #3580081
Listing Office:
Office Name: Compass Greater NY LLC
Office Phone: (631) 491-2926
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2024, OneKey™ MLS. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 11/17/2024, 10:56:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 14, 2018
Jun 14, 2018Home Sold
$180,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$3,650
$19,500
2019
$3,931
$19,500
2018
$3,914
$19,500
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Roanoke Avenue School
549 Roanoke Ave
Distance between this listing and this school0.94 miles
Public District Grades KG-4
1
/10
Phillips Avenue School
141 Phillips Ave
Distance between this listing and this school1.52 miles
Public District Grades KG-4
5
/10
Aquebogue Elementary School
499 Main Rd
Distance between this listing and this school1.61 miles
Public District Grades KG-4
Nearby Schools
4
/10
Pulaski Street Elementary School
300 Pulaski St
Distance between this listing and this school1.07 miles
Public District Grades 5-6
4
/10
Riverhead Middle School
600 Harrison Ave
Distance between this listing and this school1.19 miles
Public District Grades 7-8
6
/10
Riverhead Charter School
3685 Middle Country Rd
Distance between this listing and this school4.83 miles
Public Charter Grades KG-9
Nearby Schools
4
/10
Riverhead Senior High School
700 Harrison Ave
Distance between this listing and this school1.29 miles
Public District Grades 9-12
7
/10
Westhampton Beach High School
49 Lilac Rd
Distance between this listing and this school7.67 miles
Public District Grades 9-12
6
/10
Mattituck Junior-Senior High School
15125 Main Rd
Distance between this listing and this school7.91 miles
The neighbors living near this home have an average income of $106,101. Most Riverhead, NY residents have annual incomes between $100k-200k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 69 Philip St
What is the listing price of this property?
The listing price of 69 Philip St property is $390,000.
What type of property is this?
The property 69 Philip St is a house located in Riverhead, New York, 11901.
Is this property for sale now?
Active Listing: 69 Philip St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $3,650 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 14, 2018 for $180,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 69 Philip St has 3 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 69 Philip St is 1,035 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 69 Philip St is 1955.
This home is located at 69 Philip St in Riverhead, NY and zip code 11901 in the Town of Riverhead neighborhood. This 1,035 square foot home, which was built in 1955, sits on a 0.23 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $390,000.
Over 11 listings were sold over their listed price in October 2024 in Riverhead, NY. In the same period over 18 listings were sold below the listed price and 7 listings were sold for the listed price. Between September 2024 and October 2024, Riverhead, NY real estate market has seen increase in the number of listings by 8%. In October 2024 median list price was $584,375 and the average listing age was 54 days.
From Rocket Homes Real Estate and based on county public records data.