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Rocky Point 11778 Rocky Point
40 Neptune Road
$281,000
● House - Off Market

40 Neptune Road

Brookhaven, NY 11778
bedrooms
2 Beds
bathrooms
1 Bath
$227,608
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Why pay for someone else's renovations and taste.  Original 2-bedroom home has beautiful Long Island Sound winter water views. Located on a dead-end street, featuring a wood burning fireplace, vaulted living room ceilings, enclosed front porch, double lot and a full high ceiling basement with outside entrance., Additional information: Appearance:Fair TLC
Unit Size
-
Days on Market
89 days
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1940

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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 #KEYL3385747)

Price History

Date / Event Date Event Price
Oct 21, 2022 Sold
Premium
Sold
Jun 20, 2022 Sold
Premium
Sold
Apr 12, 2022 In contract -
In contract
Mar 23, 2022 Listed by Mahler Realty $225,000
Listed by Mahler Realty

Property Highlights

Parking Available
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Total Rooms: 6
  • Bedroom Count: 2
  • 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: 7,841
  • Total Building Area: 744
  • Building Area: 744
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 744
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH SHORE BEACH
  • Land Acres: 0000000180
  • Standard Land Use Code: 1012
  • County Land Use Code: 260
  • Legal Description 1: NORTH SHORE BEACH 4 1015 SEC D 13182 TO 13185 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: 00001618290
  • District: 0200-0
  • Section: 35.00
  • Parcel: 0200-035.00-05.00-014.000
  • Block: 5
  • Lot: 14.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.9609
  • Longitude: -72.9141

    Address

  • Full Address: 40 Neptune Rd
  • Address - House Number: 40
  • Address - Street Name: Neptune
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Rocky Point
  • Carrier Code: R001
  • 4-Digit Zip Code: 9680
  • Zip Code: 11778

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 223,479
  • High Value: 255,720
  • Low Value: 191,238

    Market Valuation

  • Market Total Value: $1,426
  • Market Land Value: $370
  • Market Improvement Value: $1,056

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $770
  • Assessed Land Value: $200
  • Assessed Improvements Value: $570

    Sales

  • Current Sale Contract Date: Jun 20, 2022
  • Current Sale Recording Date: Oct 21, 2022
  • 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 Rocky Point

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

86

Average Home Size

1410 ft²

Average Home Age

62.3 years

Currently For Sale

45 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 25 Polk Street, Rocky Point, NY, 11778

$2,300 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
25 Polk Street, Rocky Point, NY, 11778 Listing by Linda Stowell
Unit for rent at 25 Tyler Street, Rocky Point, NY, 11778

$2,345 /mo

  • 1 Bed
  • 1 Bath
  • 472 ft²
25 Tyler Street #4D, Rocky Point, NY, 11778 Listing by Michelle Holmes
Unit for rent at 124 Prince Road, Rocky Point, NY, 11778

$2,300 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
124 Prince Road, Rocky Point, NY, 11778 Listing by Linda Stowell

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 40 Neptune Road built and last sold?
The property at 40 Neptune Road was built in 1940 and last sold on Jun 20, 2022 for $281,000.
How much is this home worth?
The estimated value of the home located at 40 Neptune Road is $227,250.
What are some comparable homes to 40 Neptune Road?
There are currently no comparable homes to 40 Neptune Road.
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