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Rocky Point 11778 Rocky Point
306 Locust Drive
$350,000
● House - Off Market

306 Locust Drive

Rocky Point, NY 11778
bedrooms
3 Beds
bathrooms
2 Baths
$419,646
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

Lovely 3 Bedroom Ranch In the Heart Of Rocky Point! Featuring Living Room, Formal Dining Room, And Oversized Eat In Kitchen. Covered Deck That Is Perfect For Outdoor Entertaining. Hardwood Floors Throughout. Full Finished Basement, Work Shop, And Outside Entrance. 2 Car Garage. Beautifully Manicured Corner Property. Close To Shopping. Rocky Post Schools. Won't Last!
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$694
HOA Dues
-
Year Built
1960

Payment Calculator

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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: 3 years ago (OneKey MLS #ONE3273473)

Price History

Date / Event Date Event Price
Feb 10, 2021 Sold
Premium
Sold
Jan 2, 2021 In contract -
In contract
Dec 4, 2020 Listed by Howard Hanna Coach $329,900
Listed by Howard Hanna Coach

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 17
  • 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: 10,019
  • Total Building Area: 1,244
  • Building Area: 1,244
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,244
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH SHORE BEACH
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: NORTH SHORE BEACH 5 1015 SEC A 14375 TO 14379 INC

Neighborhood

  • School District Name: Rocky Point Union Free School District
  • School Tax School District: ROCKY POINT
  • Census Tract: 158408

Geography

  • Assessors Map Reference: MAP 1601015
  • Account Number: 00001626210
  • District: 0200-0
  • Section: 55.00
  • Parcel: 0200-055.00-10.00-042.000
  • Block: 10
  • Lot: 42.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.9526
  • Longitude: -72.9238

    Address

  • Full Address: 306 Locust Dr
  • Address - House Number: 306
  • Address - Street Name: Locust
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Rocky Point
  • Carrier Code: R001
  • 4-Digit Zip Code: 9281
  • Zip Code: 11778

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 409,031
  • High Value: 503,707
  • Low Value: 314,354

    Market Valuation

  • Market Total Value: $3,611
  • Market Land Value: $370
  • Market Improvement Value: $3,241

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,950
  • Assessed Land Value: $200
  • Assessed Improvements Value: $1,750
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

$382

Below Asking

0.01%

Average Days on Market

86

Average Home Size

1421 ft²

Average Home Age

62.2 years

Currently For Sale

49 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: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 306 Locust Drive built and last sold?
The property at 306 Locust Drive was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 306 Locust Drive is $0.
What are some comparable homes to 306 Locust Drive?
There are currently no comparable homes to 306 Locust Drive.
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