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Mastic Beach 11951 Mastic
371 Orchid Drive
$355,000
● House - Off Market

371 Orchid Drive

Brookhaven, NY 11951
bedrooms
5 Beds
bathrooms
1 Bath
$373,481
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

This Spacious 5 bedroom house with Renovated Kitchen w/Granite Countertop and Stainless Appliances with an Oversized Yard.  Just Minutes To Smithpoint Beach., Additional information: Appearance:Good
Unit Size
-
Days on Market
-
Land Size
0.50 acres
Price per sqft
-
Property Type
House
Property Taxes
$868
HOA Dues
-
Year Built
-

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: 5 months ago (OneKey MLS #KEYL3316084)

Price History

Date / Event Date Event Price
Sep 30, 2021 Sold
Premium
Sold
May 27, 2021 Listed by Keller Williams Realty Greater $329,000
Listed by Keller Williams Realty Greater
Mar 20, 2008 Sold
Premium
Sold
Nov 4, 2005 Sold
Premium
Sold

Property Highlights

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: 00004101740
  • District: 0200-9
  • Section: 939.00
  • Parcel: 0200-939.00-10.00-021.000
  • Block: 10
  • Lot: 21.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.7843
  • Longitude: -72.8398

    Address

  • Full Address: 371 Orchid Dr
  • Address - House Number: 371
  • Address - Street Name: Orchid
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Mastic Beach
  • Carrier Code: C004
  • 4-Digit Zip Code: 1228
  • 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: 654,002
  • High Value: 818,767
  • Low Value: 489,238

    Market Valuation

  • Market Total Value: $4,166
  • Market Land Value: $370
  • Market Improvement Value: $3,796

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,250
  • Assessed Land Value: $200
  • Assessed Improvements Value: $2,050

    Sales

  • Current Sale Contract Date: Mar 05, 2008
  • Current Sale Recording Date: Mar 20, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 04, 2005
  • Previous Sale Contract Date: Oct 12, 2005
  • Previous Sale Amount: $313,830
  • 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 371 Orchid Drive built and last sold?
The property at 371 Orchid Drive was built in and last sold on Mar 5, 2008 for $128,000.
How much is this home worth?
The estimated value of the home located at 371 Orchid Drive is $332,290.
What are some comparable homes to 371 Orchid Drive?
There are currently no comparable homes to 371 Orchid Drive.
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