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Mastic 11950 Mastic
51 Terapin Street
$485,000
● House - Off Market

51 Terapin Street

Brookhaven, NY 11950
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,686 Ft²
$464,227
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Stunning Colonial with 4 Bedrooms / 2.5 Bathrooms is the Perfect Home for the Growing Family and Offers Many Updates and Upgrades throughout.  Entrance Foyer Leads to Open and Airy Floor Plan - Living Room, Formal Dining Room, Large Eat-in Kitchen, Master Bedroom with Tray Ceiling, 2 Closets and Master Bathroom, Crown Molding throughout, In-ground Sprinklers, 200 Amp Electric, Full Basement with Oversized Double Hung Windows and 8 Ft Ceiling, Covered Front Porch, Fenced Backyard, Solar Panels....Close to Shopping, Community Library, Ocean Beaches & Parks and Public Transportation.  Includes 1-year Home Buyer Warranty!, Additional information: Appearance:Mint,Separate Hotwater Heater:No
Unit Size
1,686 Ft²
Days on Market
91 days
Land Size
0.33 acres
Price per sqft
$266
Property Type
House
Property Taxes
$778
HOA Dues
-
Year Built
2002

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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: 5 months ago (OneKey MLS #KEYL3398344)

Price History

Date / Event Date Event Price
Nov 10, 2022 Sold
Premium
Sold
Aug 11, 2022 Sold
Premium
Sold
May 20, 2022 In contract -
In contract
May 20, 2022 Relisted $449,000
Relisted
May 10, 2022 Listed by Century 21 Cor Ace Realty Inc $449,000
Listed by Century 21 Cor Ace Realty Inc
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 14,375
  • Total Building Area: 1,686
  • Building Area: 1,686
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,686
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MASTIC ACRES
  • Land Acres: 0000000330
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: MASTIC ACRES 1465 UNIT 5 S 22' 2674 & ALL 2675

Neighborhood

  • School District Name: William Floyd Union Free School District
  • School Tax School District: WILLIAM FLOYD
  • Census Tract: 159511

Geography

  • Assessors Map Reference: MAP 4001465
  • Account Number: 00004021025
  • District: 0200-9
  • Section: 908.00
  • Parcel: 0200-908.00-06.00-002.002
  • Block: 6
  • Lot: 2.002
  • Municipality: BROOKHAVEN
  • Latitude: 40.7902
  • Longitude: -72.8521

    Address

  • Full Address: 51 Terapin St
  • Address - House Number: 51
  • Address - Street Name: Terapin
  • Address - Suffix Type: St
  • State: NY
  • City Name: Mastic
  • Carrier Code: C006
  • 4-Digit Zip Code: 4524
  • Zip Code: 11950

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 441,917
  • High Value: 505,672
  • Low Value: 378,163

    Market Valuation

  • Market Total Value: $3,703
  • Market Land Value: $333
  • Market Improvement Value: $3,370

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,000
  • Assessed Land Value: $180
  • Assessed Improvements Value: $1,820

    Sales

  • Current Sale Contract Date: Aug 11, 2022
  • Current Sale Recording Date: Nov 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 11, 2006
  • Previous Sale Contract Date: Mar 28, 2006
  • Previous Sale Amount: $349,000
  • 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

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$353

Above Asking

0.00%

Average Days on Market

85

Average Home Size

1933 ft²

Average Home Age

48.2 years

Currently For Sale

37 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 48 Eleanor Avenue, Mastic, NY, 11950

$3,500 /mo

  • 3 Beds
  • 1 Bath
  • 975 ft²
48 Eleanor Avenue, Mastic, NY, 11950 Listing by Victoria Swenson CBR
Unit for rent at 11 Washington Avenue, Mastic Beach, NY, 11951

$3,750 /mo

  • 4 Beds
  • 2 Baths
  • 968 ft²
11 Washington Avenue, Mastic Beach, NY, 11951 Listing by Rakisha George
Unit for rent at 117 Alder Drive, Mastic Beach, NY, 11951

$3,300 /mo

  • 3 Beds
  • 1 Bath
  • 748 ft²
117 Alder Drive, Mastic Beach, NY, 11951 Listing by Amy Schuler

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 51 Terapin Street built and last sold?
The property at 51 Terapin Street was built in 2002 and last sold on Aug 11, 2022 for $485,000.
How much is this home worth?
The estimated value of the home located at 51 Terapin Street is $453,490.
What are some comparable homes to 51 Terapin Street?
There are currently no comparable homes to 51 Terapin Street.
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