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Riverhead, NY Properties

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Find, analyze, and compare Riverhead, NY investment properties, including off-market opportunities and residential homes with value-add potential. Riverhead offers a diverse housing market with single-family homes, and vacant properties. Investors can explore potential investment opportunities for long-term rentals (LTRs) throughout New York. Explore housing market trends in Riverhead, where up-and-coming neighborhoods may offer potential for passive rental income and other investment strategies. Property Intel by Whitepages makes it easy to analyze market trends, uncover off-market properties, compare neighborhood benchmarks, and access owner contact information to help you find the best investment properties in Riverhead, NY for your real estate goals.

In Riverhead, the median property value currently stands at $653,249, reflecting a 8.64% year-over-year increase based on recent sales. The 5-year appreciation forecast estimates values reaching $1,471,257 (a 0.02% gain). The housing market includes a total of 11,449 houses.The median home in Riverhead has 1,473 square feet of living space, priced at a median of $460 per square foot with a median year built of 1989. For long-term rental properties in Riverhead, the median annual gross rental income is $72,000 (or $6,000/month) with estimated operating expenses of $21,308, resulting in an approximate gross cap rate of 7.01%.

Property Intel by Whitepages helps investors and homeowners explore the Riverhead area by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps. These tools support research into investment properties, including foreclosure data and off-market listings in Riverhead, NY.

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Housing Market Trends & Statistics for Riverhead, New York

Median Property Value
$653,249
Total number of Properties
11,449
Median Living Space
1,473 sq ft
Median Year Built
1989 (36 years)
5-Year Appreciation Forecast
$1,471,257
Median Lot Size
14,810 sq ft
Average Ownership
1 year 2 months
for Riverhead, NY
  • Est. Rental Income
    $72,000 ($6,000 per month)
  • Net Operating Income
    $50,693 ($4,224 per month)
  • Cap Rate
    7.01%

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