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69 Locust Drive
About This Property
Welcome to 69 Locust Drive, a cozy and inviting 1-bedroom home nestled in the heart of Mastic Beach, two blocks from the beach!
Offering 750 sq. ft. of comfort and convenience, this delightful retreat is perfect for anyone seeking a peaceful, pet-friendly living space near the water.
Great starter home or a great investment!
Mastic Beach is up and coming and expected to do a 180 in the next few years. Buy it now before the prices reflect that soon-to-come gentrification.
Central air and ceiling fans in all rooms, and a windowed kitchen and bathroom. Front and back yards, with the back yard fenced in for the safety and enjoyment of your furry friend.
Step inside to discover a spacious living area that flows effortlessly into a well-equipped eat-in kitchen, complete with essential appliances, washer, dryer, refrigerator, electric stovetop, microwave, and dishwasher.
Don't miss this chance to live close to the beach in the charming community of Mastic Beach.
Schedule a showing today and make 69 Locust Drive your new home!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2026 | Relisted | $272,999 | |
| Relisted | |||
| Aug 6, 2026 | In contract | - | |
| In contract | |||
| Jul 15, 2026 | Price Increased |
$320,000
↑ $47K
(17.2%) | |
| Price Increased | |||
| Jun 18, 2026 | Relisted | $272,999 | |
| Relisted | |||
| Mar 13, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017