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Mastic Beach 11951 Mastic Beach
40 Pennant Drive
$177,000
● House - Off Market

40 Pennant Drive

Brookhaven, NY 11951
bedrooms
2 Beds
bathrooms
1 Bath
$252,796
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Beautiful Renovated 2 Bedroom Updated Cottage, Full Bath, Living Room With Cathedral Ceiling, Dinning With Extended Area, Kitchen That Leads Out To The Deck With Sliding Doors For Easy Barbeque Access, Perfect Starter Home, Move In Ready! Low Taxes!  Minutes To Osprey Park Fishing Pier And Playground. Kids Can Play While You Enjoy The View..
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$523
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: 4 months ago (OneKey MLS #KEYL3055649)

Price History

Date / Event Date Event Price
Mar 5, 2019 Sold
Premium
Sold
Aug 8, 2018 Listed by Century 21 Cor Ace Realty Inc $169,000
Listed by Century 21 Cor Ace Realty Inc
Jun 10, 2014 Sold
Premium
Sold
Aug 8, 2007 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: 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 ACRES
  • 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: 159515

Geography

  • Account Number: 00004003190
  • District: 0200-9
  • Section: 975.00
  • Parcel: 0200-975.00-09.00-007.000
  • Block: 9
  • Lot: 7.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.7748
  • Longitude: -72.8238

    Address

  • Full Address: 40 Pennant Dr
  • Address - House Number: 40
  • Address - Street Name: Pennant
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Mastic Beach
  • Carrier Code: C008
  • 4-Digit Zip Code: 2004
  • Zip Code: 11951

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2337
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 53
  • Final Value: 332,453
  • High Value: 410,163
  • Low Value: 254,742

    Market Valuation

  • Market Total Value: $2,592
  • Market Land Value: $185
  • Market Improvement Value: $2,407

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,400
  • Assessed Land Value: $100
  • Assessed Improvements Value: $1,300

    Sales

  • Current Sale Contract Date: Mar 17, 2014
  • Current Sale Recording Date: Jun 10, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 30
  • Previous Sale Recording Date: Aug 08, 2007
  • Previous Sale Contract Date: Jul 23, 2007
  • Previous Sale Amount: $15,000
  • 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 Mastic Beach

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$368

Below Asking

0.01%

Average Days on Market

86

Average Home Size

1323 ft²

Average Home Age

61 years

Currently For Sale

64 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 149 Washington Drive, Mastic Beach, NY, 11951

$3,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,152 ft²
149 Washington Drive, Mastic Beach, NY, 11951 Listing by Dawn Bridges
Unit for rent at 100 Fairfield Lane, Mastic Beach, NY, 11951

$2,965 /mo

  • 2 Beds
  • 2 Baths
  • 1,480 ft²
100 Fairfield Lane #90, Mastic Beach, NY, 11951 Listing by Michelle Holmes

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 40 Pennant Drive built and last sold?
The property at 40 Pennant Drive was built in and last sold on Mar 17, 2014 for $154,776.
How much is this home worth?
The estimated value of the home located at 40 Pennant Drive is $170,690.
What are some comparable homes to 40 Pennant Drive?
There are currently no comparable homes to 40 Pennant Drive.
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