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Rocky Point 11778 Rocky Point
409 Locust Drive
Photo of 409 Locust Drive
Sold on Jul 21, 2025

29

Map

Photo of 409 Locust Drive
Photo of 409 Locust Drive
$420,000
● House - Off Market

409 Locust Drive

Brookhaven, NY 11778
bedrooms
2 Beds
bathrooms
2 Baths
square feet
880 Ft²
$2,658
Est. Monthly
11.67%
Cap Rate

About This Property

Unique 2 Bedroom cape with room for Mom.  This home has updated windows and siding. New patio installed only 2 years ago. Bathroom completely redone few years ago with walk-in shower. Basement s half above ground and could possibly be a legal accessory apartment with proper permits.
Unit Size
880 Ft²
Days on Market
101 days
Land Size
0.23 acres
Price per sqft
$454
Property Type
House
Property Taxes
$694
HOA Dues
-
Year Built
1942

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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: 2 years ago (OneKey MLS #KEY846115)

Price History

Date / Event Date Event Price
Jul 21, 2025 Sold
Premium
Sold
May 3, 2025 In contract -
In contract
Apr 11, 2025 Listed by Aliano Real Estate $399,900
Listed by Aliano Real Estate
Sep 21, 1998 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • 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: 10,019
  • Total Building Area: 880
  • Building Area: 880
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 880
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH SHORE BEACH
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: NORTH SHORE BEACH 4 1015 SEC C 12238 TO 12242 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: 00001615060
  • District: 0200-0
  • Section: 56.00
  • Parcel: 0200-056.00-03.00-010.000
  • Block: 3
  • Lot: 10.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.9547
  • Longitude: -72.917

    Address

  • Full Address: 409 Locust Dr
  • Address - House Number: 409
  • Address - Street Name: Locust
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Rocky Point
  • Carrier Code: R001
  • 4-Digit Zip Code: 9635
  • Zip Code: 11778

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2692
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 528,463
  • High Value: 670,732
  • Low Value: 386,194

    Market Valuation

  • Market Total Value: $3,148
  • Market Land Value: $370
  • Market Improvement Value: $2,778

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,700
  • Assessed Land Value: $200
  • Assessed Improvements Value: $1,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 11, 1998
  • Current Sale Recording Date: Sep 21, 1998
  • 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

$387

Below Asking

0.01%

Average Days on Market

86

Average Home Size

1380 ft²

Average Home Age

64.2 years

Currently For Sale

46 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

Currently no nearby rentals
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 409 Locust Drive built and last sold?
The property at 409 Locust Drive was built in 1942 and last sold on Sep 11, 1998 for $99,500.
How much is this home worth?
The estimated value of the home located at 409 Locust Drive is $405,229.
What are some comparable homes to 409 Locust Drive?
There are currently no comparable homes to 409 Locust Drive.
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