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Sound Beach 11789 Sound Beach
41 Mitchell Drive
$360,000
● House - Off Market

41 Mitchell Drive

Brookhaven, NY 11789
bedrooms
4 Beds
bathrooms
2 Baths
$548,485
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

REDUCED!  Increase your buying power with LOW TAXES!  Amazing opportunity in Miller Place Schools boasting updates throughout! Stunning Kitchen & Baths w/designer tile.Two living areas w/egress-perfect for Mom or adult children. Bedrooms on different floors! Custom staircase. 2007 Conversion to gas heat w/indirect hot water reserve tank & 3 heating zones. Updated 2-ring cesspool.Blown in insulation.Alarm System. Fully fenced yard w/brick columns & concrete driveway.New shed.Updated roof/windows., Additional information: Appearance:Diamond,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$574
HOA Dues
-
Year Built
1960

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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 #KEYL3140610)

Price History

Date / Event Date Event Price
Dec 13, 2019 Sold
Premium
Sold
Oct 6, 2019 In contract -
In contract
Jun 20, 2019 Listed by Coldwell Banker American Homes $374,990
Listed by Coldwell Banker American Homes
Sep 29, 2005 Sold
Premium
Sold
Oct 8, 2003 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 3
  • 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: 1,792
  • Building Area: 1,792
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,792
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUND BEACH 4
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: SOUND BEACH 4 663 SEC A 8665 TO 8669 INC

Neighborhood

  • School District Name: Miller Place Union Free School District
  • School Tax School District: MILLER PLACE
  • Census Tract: 158317

Geography

  • Assessors Map Reference: MAP 1400663
  • Account Number: 00001406080
  • District: 0200-0
  • Section: 50.00
  • Parcel: 0200-050.00-07.00-015.000
  • Block: 7
  • Lot: 15.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.955
  • Longitude: -72.9768

    Address

  • Full Address: 41 Mitchell Dr
  • Address - House Number: 41
  • Address - Street Name: Mitchell
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Sound Beach
  • Carrier Code: R004
  • 4-Digit Zip Code: 2241
  • Zip Code: 11789

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472208

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 375,404
  • High Value: 462,297
  • Low Value: 288,510

    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

    Sales

  • Current Sale Contract Date: Dec 13, 2019
  • Current Sale Recording Date: Jan 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 29, 2005
  • Previous Sale Contract Date: Aug 31, 2005
  • Previous Sale Amount: $356,000
  • 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 Sound Beach

Stats & Trends

Median Asking:

$549,990

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

87

Average Home Size

1789 ft²

Average Home Age

63.3 years

Currently For Sale

27 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 19 Westbury Drive, Sound Beach, NY, 11789

$10,000 /mo

  • 2 Beds
  • 1 Bath
  • 864 ft²
19 Westbury Drive, Sound Beach, NY, 11789 Listing by Nicole T. LaBella
Unit for rent at 124 Sylvan Avenue, Miller Place, NY, 11764

$2,000 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
124 Sylvan Avenue #11, Miller Place, NY, 11764 Listing by Angela Peritore
Unit for rent at 101 Sylvan Avenue, Miller Place, NY, 11764

$2,200 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
101 Sylvan Avenue #44, Miller Place, NY, 11764 Listing by Michele Donovan

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 41 Mitchell Drive built and last sold?
The property at 41 Mitchell Drive was built in 1960 and last sold on Dec 13, 2019 for $360,000.
How much is this home worth?
The estimated value of the home located at 41 Mitchell Drive is $378,740.
What are some comparable homes to 41 Mitchell Drive?
There are currently no comparable homes to 41 Mitchell Drive.
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