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Centereach 11720 Centereach
7 Bear Lane
$300,000
● House - Off Market

7 Bear Lane

Brookhaven, NY 11720
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
$529,981
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Three Village Sd, Your Search Is Over. Beautiful Expanded Colonial. 3 Bedroom, 1.5 Baths. Open Floor Plan, Newer Kitchen With Plenty Of Cabinets And Generous Corian Counters.  Fully Fenced Yard, 1.5 Car Gar.  Basic Star Deduction Is $1152.  A Must See, Additional information: Appearance:Mint,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.35 acres
Price per sqft
-
Property Type
House
Property Taxes
$848
HOA Dues
-
Year Built
1963

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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: 6 months ago (OneKey MLS #KEYL2859030)

Price History

Date / Event Date Event Price
Jan 25, 2017 Sold
Premium
Sold
Dec 2, 2016 Sold
Premium
Sold
Jun 7, 2016 Listed by RE/MAX Integrity Leaders $315,000
Listed by RE/MAX Integrity Leaders
Oct 31, 2000 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • 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: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 1,830
  • Building Area: 1,830
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,830
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HEATHERWOOD VILLAGE NORTH
  • Land Acres: 0000000350
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: HEATHERWOOD VIL NO 3623 SEC 3 180

Neighborhood

  • School District Name: Three Village Central School District
  • School Tax School District: THREE VILLAGE
  • Census Tract: 158118

Geography

  • Assessors Map Reference: MAP 0303623
  • Account Number: 00000303850
  • District: 0200-3
  • Section: 309.00
  • Parcel: 0200-309.00-05.00-025.000
  • Block: 5
  • Lot: 25.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.8963
  • Longitude: -73.0704

    Address

  • Full Address: 7 Bear Ln
  • Address - House Number: 7
  • Address - Street Name: Bear
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: South Setauket
  • Carrier Code: C010
  • 4-Digit Zip Code: 1305
  • Zip Code: 11720

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472201

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 492,631
  • High Value: 606,658
  • Low Value: 378,603

    Market Valuation

  • Market Total Value: $5,056
  • Market Land Value: $556
  • Market Improvement Value: $4,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,730
  • Assessed Land Value: $300
  • Assessed Improvements Value: $2,430

    Sales

  • Current Sale Contract Date: Dec 02, 2016
  • Current Sale Recording Date: Jan 25, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Oct 31, 2000
  • Previous Sale Contract Date: Oct 23, 2000
  • Previous Sale Amount: $250,000
  • Previous 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 Centereach

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

90

Average Home Size

1853 ft²

Average Home Age

51 years

Currently For Sale

54 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 3 Crown Street, Port Jefferson Station, NY, 11776

$2,600 /mo

  • 1 Bed
  • 1 Bath
  • 648 ft²
3 Crown Street, Port Jefferson Station, NY, 11776 Listing by Michael Starrantino
Unit for rent at 24 Neal, South Setauket, NY, 11720

$3,830 /mo

  • 1 Bed
  • 1 Bath
  • 1,145 ft²
24 Neal #24, South Setauket, NY, 11720 Listing by Michelle Holmes
Unit for rent at 36 Neal, South Setauket, NY, 11720

$3,830 /mo

  • 1 Bed
  • 1 Bath
  • 1,145 ft²
36 Neal #36, South Setauket, NY, 11720 Listing by Michelle Holmes

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 7 Bear Lane built and last sold?
The property at 7 Bear Lane was built in 1963 and last sold on Dec 2, 2016 for $300,000.
How much is this home worth?
The estimated value of the home located at 7 Bear Lane is $318,150.
What are some comparable homes to 7 Bear Lane?
There are currently no comparable homes to 7 Bear Lane.
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