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Mastic 11950 Mastic
73 Midland Avenue
$460,000
● House - Off Market

73 Midland Avenue

Brookhaven, NY 11950
bedrooms
5 Beds
bathrooms
2 Baths
$2,729
Est. Monthly
39.44%
Cap Rate

About This Property

Great 5  Bedroom Cape on a Quiet  Dead End Street with So Much Potential. Large Eat-in Kitchen, Formal Dining Room, Living Room with a Brick, Wood Burning  Fireplace, Laundry Room with Lots of Storage, Additional Room off the Kitchen can be Den or 5th Bedroom, 2 Additional Oversized Bedrooms Are Located  on Second Level and Full Bathroom.  All Hardwood Floors Throughout and So Much Storage!  Low  Save an Additional $870.26 with Basic Star Rebate, Additional information: Appearance:Good,Separate Hotwater Heater:yes
Unit Size
-
Days on Market
62 days
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$573
HOA Dues
-
Year Built
1954

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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 #KEYL3581396)

Price History

Date / Event Date Event Price
Nov 27, 2024 Sold
Premium
Sold
Sep 26, 2024 Listed by Century 21 Cor Ace Realty Inc $439,000
Listed by Century 21 Cor Ace Realty Inc

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 1,794
  • Building Area: 1,794

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEVIEW PARK ADD C
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LAKEVIEW PARK 291 PL B ADD C B 9 23 TO 25 INC

Neighborhood

  • School District Name: William Floyd Union Free School District
  • School Tax School District: WILLIAM FLOYD
  • Census Tract: 159416

Geography

  • Assessors Map Reference: MAP 4700291
  • Account Number: 00004712810
  • District: 0200-7
  • Section: 787.00
  • Parcel: 0200-787.00-04.00-007.000
  • Block: 4
  • Lot: 7.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.8116
  • Longitude: -72.8454

    Address

  • Full Address: 73 Midland Ave
  • Address - House Number: 73
  • Address - Street Name: Midland
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Mastic
  • Carrier Code: C001
  • 4-Digit Zip Code: 2307
  • Zip Code: 11950

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.271
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 61
  • Final Value: 494,045
  • High Value: 627,961
  • Low Value: 360,129

    Market Valuation

  • Market Total Value: $2,597
  • Market Land Value: $194
  • Market Improvement Value: $2,403

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,610
  • Assessed Land Value: $120
  • Assessed Improvements Value: $1,490

    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

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$350

Above Asking

0.00%

Average Days on Market

85

Average Home Size

2078 ft²

Average Home Age

47.3 years

Currently For Sale

29 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

Rentals Near You

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OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 73 Midland Avenue built and last sold?
The property at 73 Midland Avenue was built in 1954 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 73 Midland Avenue is $0.
What are some comparable homes to 73 Midland Avenue?
There are currently no comparable homes to 73 Midland Avenue.
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