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Rocky Point 11778 Rocky Point
181 Locust Drive
$345,000
● House - Off Market

181 Locust Drive

Brookhaven, NY 11778
bedrooms
3 Beds
bathrooms
2 Baths
$529,672
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

Home Rebuilt In 2015, Everything Is New With A Flair For Style And Function.  Kitchen Is Well Equipped With Quartz And Ss Appliances, Very Large Island Adds Huge Space And Beauty.  2 Beautiful Spa Like Baths. Wood Floors Throughout.  Gardens Galore. Dining Is Large With Wood Burning Fireplace And 14' Ceilings Open To Large Living Room With 10' Ceilings.  3 Bedrooms And Ambient Light Complete This Chic Home.  Huge Shed  And Privacy Fence With New Retaining Walls., Additional information: Appearance:Diamond,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.38 acres
Price per sqft
-
Property Type
House
Property Taxes
$464
HOA Dues
-
Year Built
1945

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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: 5 months ago (OneKey MLS #KEYL3060561)

Price History

Date / Event Date Event Price
Nov 5, 2018 Sold
Premium
Sold
Aug 28, 2018 Listed by Realty Connect USA L I Inc $349,000
Listed by Realty Connect USA L I Inc
May 15, 2015 Sold
Premium
Sold
Aug 31, 2014 Listed by Realty Connect USA L I Inc $149,000
Listed by Realty Connect USA L I Inc
Mar 27, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • 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: 12,197
  • Total Building Area: 1,024
  • Building Area: 1,024
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,024
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH SHORE BEACH
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: NSB 1015 2 SEC C NW CN 5697,8&5705. 5699&5700ALL5707- 5710&W1/2 5706

Neighborhood

  • School District Name: Rocky Point Union Free School District
  • School Tax School District: ROCKY POINT
  • Census Tract: 158407

Geography

  • Assessors Map Reference: MAP 1501015
  • Account Number: 00001524342
  • District: 0200-0
  • Section: 54.00
  • Parcel: 0200-054.00-06.00-059.001
  • Block: 6
  • Lot: 59.001
  • Municipality: BROOKHAVEN
  • Latitude: 40.9529
  • Longitude: -72.935

    Address

  • Full Address: 181 Locust Dr
  • Address - House Number: 181
  • Address - Street Name: Locust
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Rocky Point
  • Carrier Code: R004
  • 4-Digit Zip Code: 9263
  • Zip Code: 11778

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472209

    Appraisal Valuation

  • Standard Deviation: 0.2528
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 519,828
  • High Value: 651,243
  • Low Value: 388,414

    Market Valuation

  • Market Total Value: $2,778
  • Market Land Value: $574
  • Market Improvement Value: $2,204

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,500
  • Assessed Land Value: $310
  • Assessed Improvements Value: $1,190

    Sales

  • Current Sale Contract Date: Apr 30, 2015
  • Current Sale Recording Date: May 15, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 4
  • Previous Sale Recording Date: Mar 27, 1998
  • Previous Sale Contract Date: Mar 12, 1998
  • Previous Sale Amount: $72,000
  • Previous 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 Rocky Point

Stats & Trends

Median Asking:

$499,450

Sale Price/ft²

$386

Below Asking

0.01%

Average Days on Market

86

Average Home Size

1432 ft²

Average Home Age

62.9 years

Currently For Sale

48 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 37 Oak Ridge Circle, Ridge, NY, 11961

$4,245 /mo

  • 3 Beds
  • 2 Baths
  • 1,595 ft²
37 Oak Ridge Circle #37, Ridge, NY, 11961 Listing by Michelle Holmes
Unit for rent at 11 Oak Ridge Circle, Ridge, NY, 11961

$4,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
11 Oak Ridge Circle #11, Ridge, NY, 11961 Listing by Michelle Holmes

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 181 Locust Drive built and last sold?
The property at 181 Locust Drive was built in 1945 and last sold on Apr 30, 2015 for $130,000.
How much is this home worth?
The estimated value of the home located at 181 Locust Drive is $352,490.
What are some comparable homes to 181 Locust Drive?
There are currently no comparable homes to 181 Locust Drive.
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