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Mastic Beach 11951 Mastic
7 Pineway Avenue
$525,000
● House - Off Market

7 Pineway Avenue

Brookhaven, NY 11951
bedrooms
4 Beds
bathrooms
2 Baths
$523,047
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Stunning Expanded-Ranch is perfectly situated on a corner lot, a couple of hours from NYC and a short drive to south shore beaches. This home is in close proximity to Long Islands' famous Wine Country, farm-to-table locations as well as many local stores. Offering 4 bedrooms including a primary bedroom on the entire second floor with a full primary bathroom as well as office space. The first floor offers a freshly painted space including 3 bedrooms with newer carpeting plus a full bathroom and living room. A beautiful and recently renovated eat-in kitchen with all new stainless steel appliances and gas range, vinyl flooring, and custom Hickory cabinetry. Full unfinished basement with a ton of potential! Attached single garage. A fully fenced backyard offers a wooden deck, a large out-of-ground pool that has gas lines set up for a pool heater, and a large outdoor space perfect for entertaining guests.
Unit Size
-
Days on Market
114 days
Land Size
0.53 acres
Price per sqft
-
Property Type
House
Property Taxes
$693
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 #KEYL3488717)

Price History

Date / Event Date Event Price
Jan 24, 2024 Sold
Premium
Sold
Oct 27, 2023 Sold
Premium
Sold
Aug 4, 2023 In contract -
In contract
Jul 3, 2023 Listed by EXP Realty $525,000
Listed by EXP Realty
Jun 23, 1999 Sold
Premium
Sold

Property Highlights

Garage

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: 23,087
  • 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: MAP OF MASTIC ACRES UNIT SEVEN
  • Land Acres: 0000000530
  • 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: 159512

Geography

  • Account Number: 00004108441
  • District: 0200-9
  • Section: 970.00
  • Parcel: 0200-970.00-10.00-013.001
  • Block: 10
  • Lot: 13.001
  • Municipality: BROOKHAVEN
  • Latitude: 40.7811
  • Longitude: -72.8306

    Address

  • Full Address: 7 Pineway Ave
  • Address - House Number: 7
  • Address - Street Name: Pineway
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Mastic Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 1305
  • Zip Code: 11951

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472232

    Appraisal Valuation

  • Standard Deviation: 0.1464
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 515,038
  • High Value: 590,465
  • Low Value: 439,611

    Market Valuation

  • Market Total Value: $3,703
  • Market Land Value: $370
  • Market Improvement Value: $3,333

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,000
  • Assessed Land Value: $200
  • Assessed Improvements Value: $1,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 27, 2023
  • Current Sale Recording Date: Jan 24, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 23, 1999
  • Previous Sale Contract Date: Jun 03, 1999
  • Previous Sale Amount: $107,500
  • 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 Mastic

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$353

Above Asking

0.00%

Average Days on Market

86

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 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 367 Seabreeze Court, Moriches, NY, 11955

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 2,141 ft²
367 Seabreeze Court, Moriches, NY, 11955 Listing by Jo Ann Boettcher

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 7 Pineway Avenue built and last sold?
The property at 7 Pineway Avenue was built in and last sold on Oct 27, 2023 for $525,000.
How much is this home worth?
The estimated value of the home located at 7 Pineway Avenue is $530,250.
What are some comparable homes to 7 Pineway Avenue?
There are currently no comparable homes to 7 Pineway Avenue.
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