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Mastic Beach 11951 Mastic Beach
5 West Drive
$340,000
● House - Off Market

5 West Drive

Mastic Beach, NY 11951
bedrooms
5 Beds
bathrooms
2 Baths
$380,247
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

This Great Sized Colonial Has A Lot To Offer For Extended Family Or As A Summer Home! Features 5 Nice Bedrooms, 2 Full Baths, Some Hardwood Floors, Hi Hats, Separate Entrances, 2 Electric Meters, Laundry Room and  Storage Closets.  Some Updates Include Roof, Gutters, Soffits, And 4 Pre-Cast Cesspools. 60 X 100 Lot On Left Side Of Home Is Included In The Sale For You To Build To Suit. Awesome Views Of Tranquility In Nature, Very Quiet, Private Block, Shed, Nice Property. This Home Offers The Possibility of a Mother/Daughter With Proper Permits.
Unit Size
-
Days on Market
77 days
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$669
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: 3 years ago (OneKey MLS #ONE3310585)

Price History

Date / Event Date Event Price
Sep 8, 2021 Sold
Premium
Sold
Jul 23, 2021 Sold
Premium
Sold
May 24, 2021 In contract -
In contract
May 7, 2021 Listed by Anchor Real Estate of L I Inc $329,000
Listed by Anchor Real Estate of L I Inc
May 4, 2021 No longer available -
No longer available
Show More

Property Highlights

Garage

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: 7,841
  • 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: THIRD MAP MASTIC BEACH
  • Land Acres: 0000000180
  • 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: 159516

Geography

  • Account Number: 00004322180
  • District: 0200-9
  • Section: 980.00
  • Parcel: 0200-980.50-14.00-019.000
  • Block: 5014
  • Lot: 19.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.7601
  • Longitude: -72.8489

    Address

  • Full Address: 5 West Dr
  • Address - House Number: 5
  • Address - Street Name: West
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Mastic Beach
  • Carrier Code: C006
  • 4-Digit Zip Code: 3614
  • Zip Code: 11951

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 350,962
  • High Value: 432,197
  • Low Value: 269,726

    Market Valuation

  • Market Total Value: $3,148
  • Market Land Value: $296
  • Market Improvement Value: $2,852

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,700
  • Assessed Land Value: $160
  • Assessed Improvements Value: $1,540

    Sales

  • Current Sale Contract Date: Sep 08, 2021
  • Current Sale Recording Date: Sep 08, 2021
  • 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 Mastic Beach

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$369

Below Asking

0.01%

Average Days on Market

88

Average Home Size

1258 ft²

Average Home Age

62.6 years

Currently For Sale

79 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

Rentals Near You

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OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 5 West Drive built and last sold?
The property at 5 West Drive was built in and last sold on Sep 8, 2021 for $340,000.
How much is this home worth?
The estimated value of the home located at 5 West Drive is $332,290.
What are some comparable homes to 5 West Drive?
There are currently no comparable homes to 5 West Drive.
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