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Shirley 11967 Mastic Beach
8 Bayfair Drive
$475,000
● House - Off Market

8 Bayfair Drive

Shirley, NY 11967
bedrooms
3 Beds
bathrooms
2 Baths
$518,939
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Make your dream of living by the beach a reality! Your future home boasts sliding doors in both the living room and master bedroom to your private second floor decks with stunning panoramic views of the Great South Bay for miles and miles. Entertain all year round in this open floorplan with new custom kitchen, soft close Mouser cabinets, black stainless Samsung appliances and magnificent gas fireplace with 12 foot floor to ceiling stone panels. More features include 3 bedrooms, 2 full baths, 2 kitchens, cathedral ceiling, motorized skylights, Fujitsu ductless AC, screened in porch, outside shower and shed and inground sprinklers.  This legal duplex is less than 1/2 mile from your doorstep to the ocean. Minutes to Smith Point Beach for breakfast, lunch, dinner, drinks and live entertainment at Tiki Joe's.
Unit Size
-
Days on Market
119 days
Land Size
0.24 acres
Price per sqft
-
Property Type
House
Property Taxes
$863
HOA Dues
-
Year Built
1973

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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 #ONE3295775)

Price History

Date / Event Date Event Price
Nov 26, 2021 Sold
Premium
Sold
Jul 28, 2021 Sold
Premium
Sold
May 28, 2021 In contract -
In contract
Mar 31, 2021 Listed by Douglas Elliman Real Estate $449,000
Listed by Douglas Elliman Real Estate
Dec 30, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 17
  • 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: 10,454
  • Total Building Area: 1,650
  • Gross Building Area: 1,650
  • Building Area: 1,650
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHIRLEY LONG ISLAND
  • Land Acres: 0000000240
  • Standard Land Use Code: 1101
  • County Land Use Code: 220
  • Legal Description 1: SHIRLEY LI 1806 UNIT B N BYFAIR E GROSSO S 15' W SUFF CTY

Neighborhood

  • School District Name: William Floyd Union Free School District
  • School Tax School District: WILLIAM FLOYD
  • Census Tract: 159518

Geography

  • Assessors Map Reference: MAP 3801806
  • Account Number: 00003809580
  • District: 0200-9
  • Section: 985.00
  • Parcel: 0200-985.20-01.00-009.000
  • Block: 2001
  • Lot: 9.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.7417
  • Longitude: -72.8691

    Address

  • Full Address: 8 Bayfair Dr
  • Address - House Number: 8
  • Address - Street Name: Bayfair
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Shirley
  • Carrier Code: C014
  • 4-Digit Zip Code: 4401
  • Zip Code: 11967

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2325
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 597,275
  • High Value: 736,160
  • Low Value: 458,389

    Market Valuation

  • Market Total Value: $4,028
  • Market Land Value: $1,093
  • Market Improvement Value: $2,935

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,175
  • Assessed Land Value: $590
  • Assessed Improvements Value: $1,585

    Sales

  • Current Sale Contract Date: Jul 28, 2021
  • Current Sale Recording Date: Nov 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 30, 1998
  • Previous Sale Contract Date: Oct 23, 1998
  • Previous Sale Amount: $142,500
  • 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 Mastic Beach

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

87

Average Home Size

1293 ft²

Average Home Age

62 years

Currently For Sale

80 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 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
Unit for rent at 218 Bayview Drive, Mastic Beach, NY, 11951

$4,200 /mo

  • 4 Beds
  • 2 Baths
  • 1,836 ft²
218 Bayview Drive, Mastic Beach, NY, 11951 Listing by Judy Gross

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 8 Bayfair Drive built and last sold?
The property at 8 Bayfair Drive was built in 1973 and last sold on Jul 28, 2021 for $475,000.
How much is this home worth?
The estimated value of the home located at 8 Bayfair Drive is $453,490.
What are some comparable homes to 8 Bayfair Drive?
There are currently no comparable homes to 8 Bayfair Drive.
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