108 Maple Wood Ln · Riverhead, NY 11901

$775,000

4 bd · 2.5 ba · 2,453 sqft · SingleFamily public records · 22 Days on market

Built 2005 0.49 ac lot $316/sqft · 13% below area Est $891k · 13% under

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Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +13.3/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.7/5.0
• Schools +3.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 108 Maple Wood Lane, where timeless design meets a peaceful setting on a quiet dead-end street, directly across from a picturesque duck pond. From the moment you arrive, the covered front porch sets the tone for the warmth and comfort this home offers. Built in 2005, this 4-bedroom, 2.5-bath Colonial is thoughtfully designed for both everyday living and effortless entertaining. The main level features rich wood floors, formal living and dining rooms, and a welcoming den with a gas fireplace. The eat-in kitchen opens seamlessly to the backyard through sliding doors, leading to a paver patio, ideal for gatherings or quiet evenings at home. A butler’s pantry, laundry area, and access to the oversized two-car garage complete the first floor. Upstairs, the primary suite offers a private retreat with a newly renovated, beautifully finished full bath and open access closet. Three additional bedrooms and a full bath provide space and flexibility for guests, or a home office. The full partially finished basement with 8-foot ceilings adds even more potential, whether for recreation, storage, or future customization. Recent updates include a new gas burner and water heater, along with 200 amp electric service. This is a home that offers both comfort and setting, with a location that feels tucked away yet close to everything. In this market, homes like this don’t come along often.

Key facts

• 0.49 acre lot
• 2 garage spots
• Built 2005

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $775k.

Deal economics

• At list price, monthly cash flow is $9k ($111k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($18k rent vs $775k).
• Recommended offer: $763k (1.5% below list) — sets the bar for market timing.
• Cap rate 20.7% vs local median 4.6% in Riverhead — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 73/100 on livability (#325 in NY) — a middle-class / working-renter tenant base. Strengths: health & safety A+, housing B+; Watch: schools D, cost of living F.
• Riverhead Central School District (suburban): math 34% / reading 48% proficiency, ranked #489 of 590 in NY (top 83%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 188 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,366 units permitted in Suffolk County in 2024 (216 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $5k of loan paydown is wiped out by about $23k of value loss. Plan a longer hold.
• Suffolk County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $217k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 22 days — a 2% lower offer ($763k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $59k; list at $775k implies a 1214% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y — expect insurance premiums to compound above CPI over the hold.

Recommended offer $763,375 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
3. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
4. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 2.36% ✓
• Cap rate: 20.67%
• Cash-on-cash: 51.35%
• DSCR: 3.28
• GRM: 3.5

CMA / ARV

• ARV (median comp): $890,656
• List price: $775,000
• Delta: -12.99%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
133 Trout Brook Ln	0.11mi	4/2.0	2,301 (-6%)	2mo	$780,000	$339	81
117 Trout Brook Ln	0.13mi	3/2.0 (-1)	2,156 (-12%)	2mo	$757,350	$351	65
64 Wake-robin Ln	0.33mi	4/3.0	2,693 (+10%)	11mo	$865,000	$321	57
44 Forest Dr	0.23mi	4/3.5	2,614 (+7%)	23mo	$755,000	$289	55
170 Grant Dr	0.33mi	4/2.5	2,129 (-13%)	18mo	$905,000	$425	47

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 49.2%
• Equity multiple: 3.15×
• Total profit: $466,048
• Equity at exit: $115,555

10-year hold

• IRR: 54.7%
• Equity multiple: 6.38×
• Total profit: $1,168,090
• Equity at exit: $67,008

Cash invested: $217,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 15 Strongly Tenant-Friendly
• State New York: 15 Strongly Tenant-Friendly · D+10
• County: — inherits STATE
• City: — inherits STATE

NYC rent stabilization (~1M units); 2019 HSTPA strengthened tenant rights; courts deeply backlogged.

Methodology + full state rankings →

ZIP-level market 11901

• Home prices YoY: -29.5%
• Active inventory: 188
• Price-to-rent: 3.5×

Monthly cashflow live

• Estimated rent: $18,295 medium
• Mortgage (P&I): −$4,064
• Tax from tax record: −$779 /mo · $9,353/yr
• Insurance: −$323
• HOA: −$0
• Vacancy / Maint / Mgmt: −$3,842
• Net cashflow: $9,287

Break-even live

Break-even rent $6,540

Max offer price $775,000

Occupancy floor 44%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $193,750
• Closing costs: $23,250
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
123 Broad Ave Riverhead, NY	5.0	3.0	2367	$20,000	$8.45	19d	1	0.20mi
97 Grant DR Aquebogue, NY	3.0	2.5	1900	$20,000	$10.53	44d	1	0.31mi
807 Union Ave Riverhead, NY	4.0	2.5	2552	$9,000	$3.53	44d	1	0.72mi

Listing history 3 events

1. 2026-04-29
   listed $775,000 Active 1419-char remark

   Show marketing remark (1419 chars)

   Welcome to 108 Maple Wood Lane, where timeless design meets a peaceful setting on a quiet dead-end street, directly across from a picturesque duck pond. From the moment you arrive, the covered front porch sets the tone for the warmth and comfort this home offers. Built in 2005, this 4-bedroom, 2.5-bath Colonial is thoughtfully designed for both everyday living and effortless entertaining. The main level features rich wood floors, formal living and dining rooms, and a welcoming den with a gas fireplace. The eat-in kitchen opens seamlessly to the backyard through sliding doors, leading to a paver patio, ideal for gatherings or quiet evenings at home. A butler’s pantry, laundry area, and access to the oversized two-car garage complete the first floor. Upstairs, the primary suite offers a private retreat with a newly renovated, beautifully finished full bath and open access closet. Three additional bedrooms and a full bath provide space and flexibility for guests, or a home office. The full partially finished basement with 8-foot ceilings adds even more potential, whether for recreation, storage, or future customization. Recent updates include a new gas burner and water heater, along with 200 amp electric service. This is a home that offers both comfort and setting, with a location that feels tucked away yet close to everything. In this market, homes like this don’t come along often.

2. 2026-04-20
   historical $775,000 1419-char remark

   Show marketing remark (1419 chars)

   Welcome to 108 Maple Wood Lane, where timeless design meets a peaceful setting on a quiet dead-end street, directly across from a picturesque duck pond. From the moment you arrive, the covered front porch sets the tone for the warmth and comfort this home offers. Built in 2005, this 4-bedroom, 2.5-bath Colonial is thoughtfully designed for both everyday living and effortless entertaining. The main level features rich wood floors, formal living and dining rooms, and a welcoming den with a gas fireplace. The eat-in kitchen opens seamlessly to the backyard through sliding doors, leading to a paver patio, ideal for gatherings or quiet evenings at home. A butler’s pantry, laundry area, and access to the oversized two-car garage complete the first floor. Upstairs, the primary suite offers a private retreat with a newly renovated, beautifully finished full bath and open access closet. Three additional bedrooms and a full bath provide space and flexibility for guests, or a home office. The full partially finished basement with 8-foot ceilings adds even more potential, whether for recreation, storage, or future customization. Recent updates include a new gas burner and water heater, along with 200 amp electric service. This is a home that offers both comfort and setting, with a location that feels tucked away yet close to everything. In this market, homes like this don’t come along often.

3. 2001-03-08
   soldstatus $59,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NY · Partial reset (capped growth)

• Current annual tax: $9,353 · $779/mo
• Projected year-2 tax: $11,225 · $935/mo
• Expected delta: +$1,872/yr (+$156/mo · 20.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 23% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥91°F today · 18 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $219,542
• − Mortgage interest: −$43,412
• − Property taxes: −$9,353
• − Insurance: −$3,875
• − Repairs & maintenance: −$17,563
• − Management: −$17,563
• − Depreciation: −$22,545
• Taxable income: $105,230
• Est. tax owed @ 24.0%: −$25,255
• After-tax cash flow: $86,185/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Riverhead Central School District
• NCES district ID: 3624690
• Math proficiency: 34% ▼ -4.00%
• Reading proficiency: 48% ▲ 13.00%
• Median HH income: $61,607
• Composite: 36.38/100
• National rank: #4683
• State rank: #489 of 590 in NY

Livability — Riverhead

• Score: 73/100
• State rank: #325
• US rank: #5379

Category grades

Amenities C+ Commute B- Cost of living F Crime C Employment B- Housing B+ Health & safety A+ User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Riverhead, NY
• City population: 32,921
• Population (ZIP): 32,921

Population outlook (Suffolk County) Hauer SSP2

• Today (2025): 1,505,262 people
• By 2030: 1,498,318 · -0.5%
• By 2040: 1,471,101 · -2.3%
• By 2050: 1,424,848 · -5.3%
• By 2075: 1,337,157 · -11.2%
• By 2100: 1,217,720 · -19.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.63)
• Race & ethnicity: White 52% Hispanic / Latino 29% Two or more races 14% Black 11% Asian 3%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Romanian 8% Iranian 1% Portuguese 1%
• Foreign-born: 25% · Canada, Jamaica
• Languages at home: 68% English-only · Spanish 26% Other Indo-European 3% Russian/Polish/Slavic 2%

Political lean MEDSL · Suffolk

• 2024 margin: Lean R (+10.0) · D 45.0% · R 55.0%
• 2008→2024 swing: -16.0pp toward R · 2008: 6.0pp · 2024: -10.0pp
• All cycles: 2024: R+10.0 2020: R+0.0 2016: R+8.2 2012: D+2.9 2008: D+6.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -182.60%
• Current HPI: 436.7781
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.60%
• F500 in state: 92

Industry mix (Fortune 500 HQ in NY)

Industry	F500 HQs	Revenue
▸Financial Services	10	$950B
▸Consumer Goods	9	$162B
▸Insurance	4	$225B
▸Telecommunications	2	$144B
▸Pharmaceuticals	2	$112B
▸Media / Entertainment	2	$69B

Price history

+1213.6% since first listed

3 events — show timeline

• 2026-04-29 Listed $775,000 OneKey® MLS as Distributed by MLS Grid
• 2026-04-20 Coming Soon $775,000 OneKey® MLS as Distributed by MLS Grid
• 2001-03-08 Sold (Public Records) $59,000 Public Records

Property tax history

+0.8%/yr

Latest (2025): $9,353 · +0.0% YoY. Source: county tax records.