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Mastic Beach 11951 Mastic
305 Wavecrest Drive
$370,000
● House - Off Market

305 Wavecrest Drive

Brookhaven, NY 11951
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,250 Ft²
$378,575
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Fine Quality Craftsmanship is What You Will Find in This 3 Bedroom 1.5 Bathroom Colonial Style Home.  Renovated Down to the Studs With New Plumbing & Electric, Natural Oak Wood Flooring, White Shaker Cabinets, White Carrara tile Backsplash, Suspended Range Hood, Frigidaire Appliances,New Anderson Windows & Sliding Rear Door,Custom Moldings Throughout, New CAC, New 30 Yr. Architectural Roof W/Ridge & Cable Vents,Porcelain Tile in Bathrm, New Decks & Railings All On a Double Lot of 1/2 an Acre, Additional information: Appearance:Diamond ++
Unit Size
1,250 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$280
Property Type
House
Property Taxes
$635
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: 5 months ago (OneKey MLS #KEYL3349415)

Price History

Date / Event Date Event Price
Apr 14, 2022 Sold
Premium
Sold
Jan 21, 2022 Sold
Premium
Sold
Dec 8, 2021 In contract -
In contract
Oct 1, 2021 Listed by Exit Realty Island Elite $349,999
Listed by Exit Realty Island Elite
Nov 18, 2019 Sold
Premium
Sold

Property Highlights

Parking Available
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: 21,780
  • 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: 0000000500
  • 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: 159512

Geography

  • Account Number: 00004101322
  • District: 0200-9
  • Section: 969.00
  • Parcel: 0200-969.00-09.00-035.002
  • Block: 9
  • Lot: 35.002
  • Municipality: BROOKHAVEN
  • Latitude: 40.7809
  • Longitude: -72.8428

    Address

  • Full Address: 305 Wavecrest Dr
  • Address - House Number: 305
  • Address - Street Name: Wavecrest
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Mastic Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 1424
  • Zip Code: 11951

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2519
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 618,309
  • High Value: 774,081
  • Low Value: 462,537

    Market Valuation

  • Market Total Value: $3,009
  • Market Land Value: $370
  • Market Improvement Value: $2,639

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,625
  • Assessed Land Value: $200
  • Assessed Improvements Value: $1,425

    Sales

  • Current Sale Contract Date: Jan 21, 2022
  • Current Sale Recording Date: Apr 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 18, 2019
  • Previous Sale Contract Date: Oct 03, 2019
  • Previous Sale Amount: $35,000
  • 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 Mastic

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$353

Above Asking

0.00%

Average Days on Market

85

Average Home Size

1979 ft²

Average Home Age

47.7 years

Currently For Sale

36 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 20 Pitts Avenue, Mastic, NY, 11950

$3,000 /mo

  • 2 Beds
  • 1 Bath
  • 626 ft²
20 Pitts Avenue, Mastic, NY, 11950 Listing by Eric Gordon Ramsay IV
Unit for rent at 42 Carlton Avenue, Mastic, NY, 11950

$1,900 /mo

  • 1 Bed
  • 1 Bath
  • 858 ft²
42 Carlton Avenue, Mastic, NY, 11950 Listing by Marina Putova
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

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 305 Wavecrest Drive built and last sold?
The property at 305 Wavecrest Drive was built in and last sold on Jan 21, 2022 for $370,000.
How much is this home worth?
The estimated value of the home located at 305 Wavecrest Drive is $363,675.
What are some comparable homes to 305 Wavecrest Drive?
There are currently no comparable homes to 305 Wavecrest Drive.
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