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Atlantic Beach 11509 Atlantic Beach
71 Wayne Avenue
$1,095,000
● House - Off Market

71 Wayne Avenue

Atlantic Beach, NY 11509
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$1,344,602
RealtyHop Estimate
22.24%
Since Jun 1, 2021
NY-New York
Primary Model

About This Property

Beachside Custom Colonial with beautiful natural light features 4 Bedrooms and 3 baths.  Beautiful hardwood floors and formal dining room big enough to accommodate a large family. Updated kitchen with center Island, a cook's delight., opening to a ballroom sized den with vaulted ceilings and brick wood burning fireplace.  A huge master bedroom with en-suite, plus 2 more generously proportioned family bedrooms. A beautiful finished basement and plenty of parking and closets throughout. There is an oversized yard including a deck and patio perfect for summer entertaining with park-like grounds including a custom koi pond and gazebo. Nothing's better than a walk to your private beach just in time for summer....
Unit Size
-
Days on Market
76 days
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,376
HOA Dues
-
Year Built
1985

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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: 3 years ago (OneKey MLS #ONE3294513)

Price History

Date / Event Date Event Price
May 27, 2021 Sold
Premium
Sold
Apr 14, 2021 In contract -
In contract
Mar 12, 2021 Listed by Petrey AB Corp $1,100,000
Listed by Petrey AB Corp
Sep 10, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 495
  • Garage Type: 7
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 1

    Dimensions

  • Lot Size Square Feet: 8,330
  • Lot Size Depth Feet: 850
  • Lot Size Frontage Feet: 710
  • Total Building Area: 2,295
  • Building Area: 2,295
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,295
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000191
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 015

Neighborhood

  • School District Name: Lawrence Union Free School District
  • School Tax School District: 015
  • School Tax District Code 2: AB
  • Census Tract: 416300

Geography

  • District: 282043
  • Section: 58
  • Parcel: 58-038-00-0005
  • Block: 38
  • Lot: 5
  • Municipality: ATLANTIC BEACH
  • Latitude: 40.5875
  • Longitude: -73.7189

    Address

  • Full Address: 71 Wayne Ave
  • Address - House Number: 71
  • Address - Street Name: Wayne
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Atlantic Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 1538
  • Zip Code: 11509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,660,443
  • Tax Rate Code Area: 207

    Appraisal Valuation

  • Standard Deviation: 0.231
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 67
  • Final Value: 1,273,018
  • High Value: 1,567,123
  • Low Value: 978,913

    Market Valuation

  • Market Total Value: $1,287,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,287
  • Assessed Land Value: $487
  • Assessed Improvements Value: $800

    Sales

  • Current Sale Contract Date: May 24, 2021
  • Current Sale Recording Date: Jun 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-076506
  • Previous Sale Recording Date: Sep 10, 1998
  • Previous Sale Contract Date: Sep 01, 1998
  • Previous Sale Amount: $424,000
  • Previous Sale Document Type: 27
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 Atlantic Beach

Stats & Trends

Median Asking:

$1,749,000

Sale Price/ft²

$740

Below Asking

0.02%

Average Days on Market

104

Average Home Size

3039 ft²

Average Home Age

48.4 years

Currently For Sale

11 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

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$3,500 /mo

  • 3 Beds
  • 1 Bath
  • 800 ft²
47 Brookline Avenue #MAIN, Long Beach, NY 11561 Listing by Sabrina McMahon
Unit for rent at 48 Wyoming Avenue, Long Beach, NY, 11561

$10,000 /mo

  • 2 Beds
  • 1 Bath
48 Wyoming Avenue, Long Beach, NY, 11561 Listing by Kathleen Walsh
Unit for rent at 40 Trenton Avenue, Long Beach, NY, 11561

$10,000 /mo

  • 4 Beds
  • 3 Baths
  • 2,400 ft²
40 Trenton Avenue, Long Beach, NY, 11561 Listing by Laurie West

Rentals Near You

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OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 71 Wayne Avenue built and last sold?
The property at 71 Wayne Avenue was built in 1985 and last sold on May 24, 2021 for $1,095,000.
How much is this home worth?
The estimated value of the home located at 71 Wayne Avenue is $1,111,000.
What are some comparable homes to 71 Wayne Avenue?
There are currently no comparable homes to 71 Wayne Avenue.
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