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Mastic 11950 Mastic
31 Lafayette Avenue
$445,000
● House - Off Market

31 Lafayette Avenue

Brookhaven, NY 11950
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,100 Ft²
$467,720
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

CAR LOVERS DREAM HOME WITH MASSIVE 4+ CAR DETACHED GARAGE! Welcome to 31 Lafayette Ave! This well-maintained ranch sits on a very quiet tree lined street just a stroll from West Mill Pond. Original owners since 1959 this home features street to street access, 3 bedrooms, 1 bathroom, a large living room with great natural light that leads into the kitchen and dining room area, hardwood floors throughout, updated 200amp electric, attached 1 car garage, a full unfinished basement, and last but certainly not least a 30FT x 30FT DETACHED 4+ CAR GARAGE WITH 12 FOOT CEILINGS!  The garage structure is fully permitted and features 4 11FT x 5FT doors with street access. Roof & gutters replaced in 2020.  Whether you want to create the ultimate man cave or personal workshop this home has unique and endless possibilities. Tax bill only $9,600.85 before any rebates for both married parcels of land. THIS IS A MUST SEE!
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$426
Property Type
House
Property Taxes
$800
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: 5 months ago (OneKey MLS #KEYL3466192)

Price History

Date / Event Date Event Price
Sep 26, 2023 Sold
Premium
Sold
Jul 31, 2023 Sold
Premium
Sold
May 16, 2023 In contract -
In contract
Mar 22, 2023 Listed by Rice Realty Group Inc $469,000
Listed by Rice Realty Group Inc

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 6
  • 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: 11,761
  • Total Building Area: 1,035
  • Building Area: 1,035
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,035
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MASTIC PARK
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: MASTIC PARK 753 SEC 2 726 TO 731 INC

Neighborhood

  • School District Name: William Floyd Union Free School District
  • School Tax School District: WILLIAM FLOYD
  • Census Tract: 159416

Geography

  • Assessors Map Reference: MAP 4500753
  • Account Number: 00004502960
  • District: 0200-7
  • Section: 787.00
  • Parcel: 0200-787.00-09.00-028.000
  • Block: 9
  • Lot: 28.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.8104
  • Longitude: -72.838

    Address

  • Full Address: 31 Lafayette Ave
  • Address - House Number: 31
  • Address - Street Name: Lafayette
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Mastic
  • Carrier Code: C001
  • 4-Digit Zip Code: 2818
  • Zip Code: 11950

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 82
  • Final Value: 458,562
  • High Value: 525,393
  • Low Value: 391,732

    Market Valuation

  • Market Total Value: $3,259
  • Market Land Value: $333
  • Market Improvement Value: $2,926

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,760
  • Assessed Land Value: $180
  • Assessed Improvements Value: $1,580

    Sales

  • Current Sale Contract Date: Jul 31, 2023
  • Current Sale Recording Date: Sep 26, 2023
  • 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

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

$2,000 /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 31 Lafayette Avenue built and last sold?
The property at 31 Lafayette Avenue was built in 1959 and last sold on Jul 31, 2023 for $445,000.
How much is this home worth?
The estimated value of the home located at 31 Lafayette Avenue is $470,756.
What are some comparable homes to 31 Lafayette Avenue?
There are currently no comparable homes to 31 Lafayette Avenue.
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