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Mastic Beach 11951 Mastic Beach
242 Monroe Drive
Photo of 242 Monroe Drive
Sold on Jul 11, 2022

26

Map

Photo of 242 Monroe Drive
Photo of 242 Monroe Drive
$250,000
● House - Off Market

242 Monroe Drive

Brookhaven, NY 11951
bedrooms
1 Bed
bathrooms
1 Bath
$251,679
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

This Well maintained Warm, Homey house in the  Hamlet of Mastic Beach near Smith Point Beach is PERFECT for just starting out or downsizing ! On a large lot, with quiet privacy and Zen Charm. A spacious yard for entertaining off the delightful deck. This 1bedroom, 1full bath, laundry room, open concept living room / dining room/kitchen combo. French doors open to an enclosed Florida  porch area, hardwood floors and vaulted ceilings throughout. Central air and heat.  Easy access to Fire island, Moriches Bay, Osprey park, Wertheim national wildlife refuge William Floyd Estate, close to restaurants and shopping / Newer roof, Additional information: Appearance:excellent
Unit Size
-
Days on Market
81 days
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$262
HOA Dues
-
Year Built
-

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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: 2 years ago (OneKey MLS #KEYL3393094)

Price History

Date / Event Date Event Price
Sep 6, 2022 Sold
Premium
Sold
Jul 11, 2022 Sold
Premium
Sold
May 16, 2022 In contract -
In contract
Apr 21, 2022 Listed by Coldwell Banker American Homes $246,000
Listed by Coldwell Banker American Homes

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: William Floyd Union Free School District
  • School Tax School District: WILLIAM FLOYD
  • Census Tract: 159516

Geography

  • Account Number: 00004425040
  • District: 0200-9
  • Section: 979.00
  • Parcel: 0200-979.00-11.00-017.000
  • Block: 11
  • Lot: 17.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.7674
  • Longitude: -72.847

    Address

  • Full Address: 242 Monroe Dr
  • Address - House Number: 242
  • Address - Street Name: Monroe
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Mastic Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 2713
  • Zip Code: 11951

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 243,778
  • High Value: 278,947
  • Low Value: 208,608

    Market Valuation

  • Market Total Value: $1,129
  • Market Land Value: $222
  • Market Improvement Value: $907

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $610
  • Assessed Land Value: $120
  • Assessed Improvements Value: $490

    Sales

  • Current Sale Contract Date: Jul 14, 2022
  • Current Sale Recording Date: Sep 06, 2022
  • 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 Mastic Beach

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$371

Below Asking

0.01%

Average Days on Market

87

Average Home Size

1303 ft²

Average Home Age

63.1 years

Currently For Sale

67 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 141 Huguenot Drive, Mastic Beach, NY, 11951

$2,505 /mo

  • 2 Beds
  • 1 Bath
  • 698 ft²
141 Huguenot Drive, Mastic Beach, NY, 11951 Listing by Evelyn Rivera
Unit for rent at 174 Beaver Drive, Mastic Beach, NY 11951

$2,400 /mo

  • 1 Bed
  • 1 Bath
174 Beaver Drive #1, Mastic Beach, NY 11951 Listing by Donald Julce

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 242 Monroe Drive built and last sold?
The property at 242 Monroe Drive was built in and last sold on Jul 14, 2022 for $250,000.
How much is this home worth?
The estimated value of the home located at 242 Monroe Drive is $0.
What are some comparable homes to 242 Monroe Drive?
There are currently no comparable homes to 242 Monroe Drive.
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