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Mastic Beach 11951 Mastic Beach
7 Chestnut Place
Photo of 7 Chestnut Place
Sold on Apr 11, 2025

36

Map

Photo of 7 Chestnut Place
Photo of 7 Chestnut Place
$447,500
● House - Off Market

7 Chestnut Place

Brookhaven, NY 11951
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,754 Ft²
$2,970
Est. Monthly
8.65%
Cap Rate

About This Property

Welcome Home To This Country Charmer!  Features a Huge Eat in Country Kitchen with Large Center Island, Stainless Steel Appliances, Open Floor Plan With Cathedral Ceilings, Wide Plank Flooring, Reclaimed Wood Accents -Mantle and Kitchen, Relax on the Fron Porch!  Entertain On The New Oversized Rear Deck!  Large Lot Just Shy Of A Half Acre, Updated Cesspool/Wastewater Treatment System, Ductless CAC, Detached 2 Car Garage As Is, Just Minutes From Ocean and Bay Beaches, Fishing Piers, Shopping, Additional information: Appearance:Excellent
Unit Size
1,754 Ft²
Days on Market
179 days
Land Size
0.41 acres
Price per sqft
$256
Property Type
House
Property Taxes
$764
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: 4 months ago (OneKey MLS #KEYL3585091)

Price History

Date / Event Date Event Price
Apr 11, 2025 Sold
Premium
Sold
Dec 4, 2024 In contract -
In contract
Oct 14, 2024 Listed by Century 21 Cor Ace Realty Inc $449,000
Listed by Century 21 Cor Ace Realty Inc

Property Highlights

Garage
Air Conditioning
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: 17,860
  • 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
  • Land Acres: 0000000410
  • 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: 00004301080
  • District: 0200-9
  • Section: 980.00
  • Parcel: 0200-980.60-16.00-009.000
  • Block: 6016
  • Lot: 9.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.7612
  • Longitude: -72.84

    Address

  • Full Address: 7 Chestnut Pl
  • Address - House Number: 7
  • Address - Street Name: Chestnut
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Mastic Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 7201
  • 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: 392,648
  • High Value: 483,532
  • Low Value: 301,763

    Market Valuation

  • Market Total Value: $4,139
  • Market Land Value: $667
  • Market Improvement Value: $3,472

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,235
  • Assessed Land Value: $360
  • Assessed Improvements Value: $1,875

    Exemptions

  • Homeowner Exemption: Yes
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

$368

Below Asking

0.01%

Average Days on Market

86

Average Home Size

1350 ft²

Average Home Age

61 years

Currently For Sale

63 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 9 Babylon Road, Mastic Beach, NY, 11951

$3,800 /mo

  • 4 Beds
  • 1 Bath
  • 1,652 ft²
9 Babylon Road, Mastic Beach, NY, 11951 Listing by Amy Schuler
Unit for rent at 192 Cypress Drive, Mastic Beach, NY, 11951

$3,800 /mo

  • 4 Beds
  • 2 Baths
  • 1,404 ft²
192 Cypress Drive, Mastic Beach, NY, 11951 Listing by Amy Schuler

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 7 Chestnut Place built and last sold?
The property at 7 Chestnut Place was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7 Chestnut Place is $466,230.
What are some comparable homes to 7 Chestnut Place?
There are currently no comparable homes to 7 Chestnut Place.
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