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Mastic 11950 Mastic
61 Moriches Avenue
$300,000
● House - Off Market

61 Moriches Avenue

Mastic, NY 11950
bedrooms
3 Beds
bathrooms
1 Bath
$241,555
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Beautiful tree lined location makes this home a perfect starter!  Spacious 3 Bedroom ranch with full basement and OSBE.  I car garage.  Low Taxes.    Make it your own!  Needs TLC.
Unit Size
-
Days on Market
42 days
Land Size
0.32 acres
Price per sqft
-
Property Type
House
Property Taxes
$641
HOA Dues
-
Year Built
1959

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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 #ONE3314836)

Price History

Date / Event Date Event Price
Jul 2, 2021 Sold
Premium
Sold
Jun 1, 2021 In contract -
In contract
May 21, 2021 Listed by Douglas Elliman Real Estate $209,000
Listed by Douglas Elliman Real Estate

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 13,939
  • Total Building Area: 1,376
  • Building Area: 1,376
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,376
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MASTIC PARK
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: MASTIC PARK 612 SEC 9 8078 TO 8084 INC

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 4600612
  • Account Number: 00004608440
  • District: 0200-8
  • Section: 881.00
  • Parcel: 0200-881.00-03.00-002.000
  • Block: 3
  • Lot: 2.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.7993
  • Longitude: -72.8521

    Address

  • Full Address: 61 Moriches Ave
  • Address - House Number: 61
  • Address - Street Name: Moriches
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Mastic
  • Carrier Code: C008
  • 4-Digit Zip Code: 3832
  • Zip Code: 11950

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: 354,988
  • High Value: 437,155
  • Low Value: 272,820

    Market Valuation

  • Market Total Value: $3,038
  • Market Land Value: $519
  • Market Improvement Value: $2,519

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,640
  • Assessed Land Value: $280
  • Assessed Improvements Value: $1,360

    Sales

  • Current Sale Contract Date: Jul 02, 2021
  • Current Sale Recording Date: Jul 23, 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

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$353

Above Asking

0.00%

Average Days on Market

85

Average Home Size

1979 ft²

Average Home Age

47.7 years

Currently For Sale

36 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 14 Mastic Boulevard, Mastic, NY, 11950

$3,999 /mo

  • 4 Beds
  • 3 Baths
  • 2,002 ft²
14 Mastic Boulevard, Mastic, NY, 11950 Listing by Binit Kumar

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 61 Moriches Avenue built and last sold?
The property at 61 Moriches Avenue was built in 1959 and last sold on Jul 2, 2021 for $300,000.
How much is this home worth?
The estimated value of the home located at 61 Moriches Avenue is $0.
What are some comparable homes to 61 Moriches Avenue?
There are currently no comparable homes to 61 Moriches Avenue.
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