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Mastic Beach 11951 Mastic Beach
62 Grove Road
$118,000
● House - Off Market

62 Grove Road

Brookhaven, NY 11951
bedrooms
2 Beds
bathrooms
1 Bath
$198,125
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

Crazy Low Taxes!!! Fully Furnished Beach House With Waterviews! Offers A Gorgeous Loft With Natural Cedar Walls, New Kitchen, New Flooring, New Septic System, And Electric. You'll Feel The Nautical Vibe In A Big Way! Gorgeous House. Foam Insulation, Roof 2008. Fabulous Vacation Getaway Or First Time Home! Summer Rental Investment! Taxes With Basic Star & Village Tax: $1288, Additional information: Appearance:Mint
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$214
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: 5 months ago (OneKey MLS #KEYL2968608)

Price History

Date / Event Date Event Price
Nov 2, 2017 Sold
Premium
Sold
Sep 6, 2017 Listed by Douglas Elliman Real Estate $124,900
Listed by Douglas Elliman Real Estate
Jul 26, 2013 Sold
Premium
Sold

Property Highlights

With View
Fireplace

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: 6,970
  • 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: MASTIC BEACH
  • Land Acres: 0000000160
  • 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: 00004319550
  • District: 0200-9
  • Section: 982.00
  • Parcel: 0200-982.10-10.00-015.000
  • Block: 1010
  • Lot: 15.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.7552
  • Longitude: -72.8422

    Address

  • Full Address: 62 Grove Rd W
  • Address - House Number: 62
  • Street Segment Direction: W
  • Address - Street Name: Grove
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Mastic Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 7102
  • 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: 273,050
  • High Value: 336,251
  • Low Value: 209,848

    Market Valuation

  • Market Total Value: $1,296
  • Market Land Value: $259
  • Market Improvement Value: $1,037

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $700
  • Assessed Land Value: $140
  • Assessed Improvements Value: $560

    Sales

  • Current Sale Contract Date: Jun 11, 2013
  • Current Sale Recording Date: Jul 26, 2013
  • Current Sale Price:
    Premium
  • Current 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 Mastic Beach

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$371

Below Asking

0.01%

Average Days on Market

87

Average Home Size

1313 ft²

Average Home Age

63.7 years

Currently For Sale

65 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

$4,000 /mo

  • 4 Beds
  • 2 Baths
  • 968 ft²
11 Washington Avenue, Mastic Beach, NY, 11951 Listing by Rakisha George
Unit for rent at 21 Sherwood Drive, Mastic Beach, NY, 11951

$3,000 /mo

  • 3 Beds
  • 1 Bath
21 Sherwood Drive, Mastic Beach, NY, 11951 Listing by Lina Lopes

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 62 Grove Road built and last sold?
The property at 62 Grove Road was built in and last sold on Jun 11, 2013 for $7,500.
How much is this home worth?
The estimated value of the home located at 62 Grove Road is $126,149.
What are some comparable homes to 62 Grove Road?
There are currently no comparable homes to 62 Grove Road.
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