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East Patchogue 11772 East Patchogue
45 E Masem Square
$446,000
● House - Off Market

45 E Masem Square

East Patchogue, NY 11772
bedrooms
4 Beds
bathrooms
3 Baths
$535,072
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Sprawling Ranch with hardwood floors, private Master suite with spacious bath, 3 additional guest bedrooms, new heat, newer roof, walkout  finished basement with separate fireplace perfect spot for watching the big game, walk out to backyard, entertaining family and friends, or accommodating out of town guests. 1 1/2 car garage and oversized yard.
Unit Size
-
Days on Market
95 days
Land Size
0.47 acres
Price per sqft
-
Property Type
House
Property Taxes
$827
HOA Dues
-
Year Built
1966

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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: 3 years ago (OneKey MLS #ONE3282548)

Price History

Date / Event Date Event Price
May 26, 2021 Sold
Premium
Sold
Apr 26, 2021 Sold
Premium
Sold
Feb 5, 2021 In contract -
In contract
Jan 21, 2021 Listed by Douglas Elliman Real Estate $440,000
Listed by Douglas Elliman Real Estate
Dec 17, 2009 Sold
Premium
Sold
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 20,473
  • Total Building Area: 1,474
  • Building Area: 1,474
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,474
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAST PATCHOGUE
  • Land Acres: 0000000470
  • Standard Land Use Code: 1022
  • County Land Use Code: 215
  • Legal Description 1: N SEAMAN E GOMES S BLEVINS W E MASEM SQ

Neighborhood

  • School District Name: South Country Central School District
  • School Tax School District: SOUTH COUNTRY
  • Census Tract: 159203

Geography

  • Assessors Map Reference: MAP 8800000
  • Account Number: 00008811180
  • District: 0200-9
  • Section: 979.00
  • Parcel: 0200-979.80-01.00-008.000
  • Block: 8001
  • Lot: 8.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.7629
  • Longitude: -72.9558

    Address

  • Full Address: 45 E Masem Sq
  • Address - House Number: 45
  • Street Direction: E
  • Address - Street Name: Masem
  • Address - Suffix Type: Sq
  • State: NY
  • City Name: East Patchogue
  • Carrier Code: C041
  • 4-Digit Zip Code: 5607
  • Zip Code: 11772

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472204

    Appraisal Valuation

  • Standard Deviation: 0.2796
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 44
  • Final Value: 508,068
  • High Value: 650,134
  • Low Value: 366,001

    Market Valuation

  • Market Total Value: $4,796
  • Market Land Value: $722
  • Market Improvement Value: $4,074

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,590
  • Assessed Land Value: $390
  • Assessed Improvements Value: $2,200

    Sales

  • Current Sale Contract Date: Apr 26, 2021
  • Current Sale Recording Date: May 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 17, 2009
  • Previous Sale Contract Date: Dec 03, 2009
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: 12
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 East Patchogue

Stats & Trends

Median Asking:

$619,990

Sale Price/ft²

$377

Below Asking

0.01%

Average Days on Market

78

Average Home Size

1733 ft²

Average Home Age

59 years

Currently For Sale

28 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 16 Roosevelt Boulevard, East Patchogue, NY, 11772

$6,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,200 ft²
16 Roosevelt Boulevard, East Patchogue, NY, 11772 Listing by Tanya Negron CBR GREEN RENE PSA E-

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 45 East Masem Square built and last sold?
The property at 45 East Masem Square was built in 1966 and last sold on Apr 26, 2021 for $446,000.
How much is this home worth?
The estimated value of the home located at 45 East Masem Square is $0.
What are some comparable homes to 45 East Masem Square?
There are currently no comparable homes to 45 East Masem Square.
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