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Mastic Beach 11951 Mastic Beach
31 Locust Drive
$125,000
● House - Off Market

31 Locust Drive

Brookhaven, NY 11951
bedrooms
3 Beds
bathrooms
1 Bath
$206,619
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Renovated Beach House With Multiple Water Views.  New Stainless Steel Appliances, Updated Kitchen, Updated Bathroom, New Driveway And Walkway.  500 Feet From The Beach With The High Elevation The House Was Not Affected By Sandy.  Enjoy Life By The Water.
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$706
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: 6 months ago (OneKey MLS #KEYL2894651)

Price History

Date / Event Date Event Price
Oct 19, 2017 Sold
Premium
Sold
Sep 6, 2017 Sold
Premium
Sold
Nov 4, 2016 Listed by Floyd Harbor Real Estate Inc $129,989
Listed by Floyd Harbor Real Estate Inc
Aug 31, 2016 Sold
Premium
Sold

Property Highlights

With View

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
  • Subdivision: MAP OF MASTIC BEACH
  • 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: 00004319300
  • District: 0200-9
  • Section: 982.00
  • Parcel: 0200-982.10-12.00-024.000
  • Block: 1012
  • Lot: 24.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.7543
  • Longitude: -72.842

    Address

  • Full Address: 31 Locust Dr
  • Address - House Number: 31
  • Address - Street Name: Locust
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Mastic Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 7105
  • Zip Code: 11951

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 302,273
  • High Value: 372,238
  • Low Value: 232,307

    Market Valuation

  • Market Total Value: $1,991
  • Market Land Value: $222
  • Market Improvement Value: $1,769

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,075
  • Assessed Land Value: $120
  • Assessed Improvements Value: $955

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 11, 2017
  • Current Sale Recording Date: Sep 06, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Aug 31, 2016
  • Previous Sale Contract Date: Jul 20, 2016
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: 12
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

$373

Below Asking

0.01%

Average Days on Market

87

Average Home Size

1279 ft²

Average Home Age

62 years

Currently For Sale

74 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 11 Washington Avenue, Mastic Beach, NY, 11951

$4,000 /mo

  • 4 Beds
  • 2 Baths
  • 968 ft²
11 Washington Avenue, Mastic Beach, NY, 11951 Listing by Rakisha George
Unit for rent at 21 Sherwood Drive, Mastic Beach, NY, 11951

$3,000 /mo

  • 3 Beds
  • 1 Bath
21 Sherwood Drive, Mastic Beach, NY, 11951 Listing by Lina Lopes
Unit for rent at 192 Cypress Drive, Mastic Beach, NY, 11951

$3,800 /mo

  • 4 Beds
  • 2 Baths
  • 1,404 ft²
192 Cypress Drive, Mastic Beach, NY, 11951 Listing by Amy Schuler

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 31 Locust Drive built and last sold?
The property at 31 Locust Drive was built in and last sold on Jul 11, 2017 for $125,000.
How much is this home worth?
The estimated value of the home located at 31 Locust Drive is $131,289.
What are some comparable homes to 31 Locust Drive?
There are currently no comparable homes to 31 Locust Drive.
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