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Selden 11784 Selden
357 Magnolia Drive
$87,000
● House - Off Market

357 Magnolia Drive

Brookhaven, NY 11784
bedrooms
Studio
bathrooms
0 Bath
$109,600
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

THIS IS A LAND ONLY SALE. SUBJECT IS A FIRE DAMAGED STRUCTURE. HOME MUST BE DEMOLISHED. THIS IS A LAND ONLY SALE., Additional information: Appearance:poor
Unit Size
-
Days on Market
-
Land Size
0.21 acres
Price per sqft
-
Property Type
House
Property Taxes
$797
HOA Dues
-
Year Built
1964

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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: 4 months ago (OneKey MLS #KEYL3438602)

Price History

Date / Event Date Event Price
Nov 27, 2023 Sold
Premium
Sold
Jul 12, 2023 Sold
Premium
Sold
Nov 4, 2022 In contract -
In contract
Oct 21, 2022 Listed by Sir Winston Realty Inc $109,900
Listed by Sir Winston Realty Inc
Dec 30, 2021 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,560
  • Gross Building Area: 1,560
  • Building Area: 1,560
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HEATHERWOOD VILLAGE NORTH
  • Land Acres: 0000000210
  • Standard Land Use Code: 1999
  • County Land Use Code: 299
  • Legal Description 1: HEATHERWOOD VIL NO 3979 SEC 6 246

Neighborhood

  • School District Name: Middle Country Central School District
  • School Tax School District: MIDDLE COUNTRY
  • Census Tract: 158102

Geography

  • Assessors Map Reference: MAP 5703979
  • Account Number: 00005707550
  • District: 0200-3
  • Section: 336.00
  • Parcel: 0200-336.00-06.00-046.000
  • Block: 6
  • Lot: 46.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.8904
  • Longitude: -73.0452

    Address

  • Full Address: 357 Magnolia Dr
  • Address - House Number: 357
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Selden
  • Carrier Code: C005
  • 4-Digit Zip Code: 1308
  • Zip Code: 11784

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472211

    Appraisal Valuation

  • Standard Deviation: 0.1479
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 82
  • Final Value: 110,533
  • High Value: 126,888
  • Low Value: 94,179

    Market Valuation

  • Market Total Value: $2,176
  • Market Land Value: $278
  • Market Improvement Value: $1,898

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,175
  • Assessed Land Value: $150
  • Assessed Improvements Value: $1,025

    Sales

  • Current Sale Contract Date: Oct 13, 2023
  • Current Sale Recording Date: Nov 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 24, 2023
  • Previous Sale Contract Date: Jul 11, 2023
  • Previous Sale Amount: $87,000
  • 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 Selden

Stats & Trends

Median Asking:

$599,888

Sale Price/ft²

$377

Below Asking

0.01%

Average Days on Market

79

Average Home Size

1537 ft²

Average Home Age

64.1 years

Currently For Sale

38 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 52 Huron Street, Port Jefferson Station, NY, 11776

$4,350 /mo

  • 3 Beds
  • 2 Baths
  • 2,161 ft²
52 Huron Street, Port Jefferson Station, NY, 11776 Listing by Kristine A. Chiusano PSA SRS
Unit for rent at 123 Maple Avenue, Port Jefferson Station, NY, 11776

$2,680 /mo

  • 1 Bed
  • 1 Bath
  • 500 ft²
123 Maple Avenue, Port Jefferson Station, NY, 11776 Listing by Alexia N. Poulos
Unit for rent at 38 Ormond Avenue, Selden, NY, 11784

$4,150 /mo

  • 3 Beds
  • 1 Bath
  • 1,496 ft²
38 Ormond Avenue, Selden, NY, 11784 Listing by David H. Lunenfeld

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 357 Magnolia Drive built and last sold?
The property at 357 Magnolia Drive was built in 1964 and last sold on Oct 13, 2023 for $175,000.
How much is this home worth?
The estimated value of the home located at 357 Magnolia Drive is $110,999.
What are some comparable homes to 357 Magnolia Drive?
There are currently no comparable homes to 357 Magnolia Drive.
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