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Shirley 11967 Shirley
16 Malba Drive
$495,000
● House - Off Market

16 Malba Drive

Brookhaven, NY 11967
bedrooms
3 Beds
bathrooms
2 Baths
$3,016
Est. Monthly

About This Property

Welcome Home to 16 Malba Drive, this meticulously updated home in the Shirley Tangiers Section, offers a host of modern amenities. Recently installed, the new roof and central air system ensure comfort and durability. The property boasts a new burner and hot water heater, providing efficient heating and hot water throughout the year. Additional upgrades include new oil tank, basement windows, and two new toilets, enhancing the home's functionality. The front and side walkways, along with the sealed driveway, add to the curb appeal and ease of maintenance. Electrical updates feature new indoor and outdoor panels, ensuring safety and reliability. With a new garage door, this home is move-in ready and perfect for those seeking a blend of modern convenience and cozy living in a desirable location., Additional information: Appearance:Excellent
Unit Size
-
Days on Market
-
Land Size
0.21 acres
Price per sqft
-
Property Type
House
Property Taxes
$565
HOA Dues
-
Year Built
1959

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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: 4 months ago (OneKey MLS #KEYL3559840)

Price History

Date / Event Date Event Price
Oct 16, 2024 Sold
Premium
Sold
Aug 6, 2024 Price Increased $499,000
↑ $20K (4.2%)
Price Increased
Jul 24, 2024 In contract -
In contract
Jul 10, 2024 Price Decreased $479,000
↓ $20K (4%)
Price Decreased
Jun 18, 2024 Listed by Coldwell Banker M&D Good Life $499,000
Listed by Coldwell Banker M&D Good Life
Welcome Home to 16 Malba Drive, this meticulously updated home in the Shirley Tangiers Section, offers a host of modern amenities. Recently installed, the new roof and central air system ensure comfort and durability. The property boasts a new burner and hot water heater, providing efficient heating and hot water throughout the year. Additional upgrades include new oil tank, basement windows, and two new toilets, enhancing the home's functionality. The front and side walkways, along with the sealed driveway, add to the curb appeal and ease of maintenance. Electrical updates feature new indoor and outdoor panels, ensuring safety and reliability. With a new garage door, this home is move-in ready and perfect for those seeking a blend of modern convenience and cozy living in a desirable location.
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 2
  • 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: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 974
  • Building Area: 974
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 974
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHIRLEY LONG ISLAND
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: SHIRLEY LI 2485 UNIT N 77

Neighborhood

  • School District Name: William Floyd Union Free School District
  • School Tax School District: WILLIAM FLOYD
  • Census Tract: 159513

Geography

  • Assessors Map Reference: MAP 3902485
  • Account Number: 00003907930
  • District: 0200-9
  • Section: 966.00
  • Parcel: 0200-966.00-03.00-007.000
  • Block: 3
  • Lot: 7.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.7828
  • Longitude: -72.8733

    Address

  • Full Address: 16 Malba Dr
  • Address - House Number: 16
  • Address - Street Name: Malba
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Shirley
  • Carrier Code: C017
  • 4-Digit Zip Code: 3007
  • Zip Code: 11967

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472232

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 358,999
  • High Value: 442,094
  • Low Value: 275,903

    Market Valuation

  • Market Total Value: $2,963
  • Market Land Value: $278
  • Market Improvement Value: $2,685

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,600
  • Assessed Land Value: $150
  • Assessed Improvements Value: $1,450

    Sales

  • Current Sale Contract Date: Jun 02, 2005
  • Current Sale Recording Date: Jun 10, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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 Shirley

Stats & Trends

Median Asking:

$549,000

Sale Price/ft²

$367

Below Asking

0.01%

Average Days on Market

85

Average Home Size

1592 ft²

Average Home Age

43.9 years

Currently For Sale

84 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 35 Auborn Avenue, Shirley, NY, 11967

$3,700 /mo

  • 3 Beds
  • 1 Bath
  • 1,140 ft²
35 Auborn Avenue, Shirley, NY, 11967 Listing by Lily Fung
Unit for rent at 48 Eleanor Avenue, Mastic, NY, 11950

$3,500 /mo

  • 3 Beds
  • 1 Bath
  • 975 ft²
48 Eleanor Avenue, Mastic, NY, 11950 Listing by Victoria Swenson CBR
Unit for rent at 79 Manor Drive, Shirley, NY, 11967

$2,800 /mo

  • 2 Beds
  • 1 Bath
  • 600 ft²
79 Manor Drive, Shirley, NY, 11967 Listing by Carol Hurnyak

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 16 Malba Drive built and last sold?
The property at 16 Malba Drive was built in 1959 and last sold on Jun 2, 2005 for $309,000.
How much is this home worth?
The estimated value of the home located at 16 Malba Drive is $503,990.
What are some comparable homes to 16 Malba Drive?
There are currently no comparable homes to 16 Malba Drive.
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