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East Shoreham 11961 East Shoreham
8 Mulberry Lane
$740,000
● House - Off Market

8 Mulberry Lane

Brookhaven, NY 11961
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,215 Ft²
$5,112
Est. Monthly

About This Property

Beautiful Fairmount 3 bedroom, 2.5 Bath Model. Gleaming hardwood floors, custom lighting, Soaring ceilings and sun drenched rooms throughout. Custom kitchen with quartz countertops, breakfast nook and unique built in pantry. Large formal living room with gas fireplace. Nest thermostat. Sliding doors to paver patio. Kidney shaped, in ground, heated salt water pool with waterfall. New energy star pool pump. Lush landscaping and fenced in yard with PVC and aluminum. In ground sprinklers. Paver patio with pergola. Solar panels are owned! Full lower level with outside entrance, just waiting for finishing touches!, Additional information: Interior Features:Lr/Dr
Unit Size
2,215 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$338
Property Type
House
Property Taxes
$1,434
HOA Dues
-
Year Built
-

Payment Calculator

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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 #KEYL3509955)

Price History

Date / Event Date Event Price
Dec 19, 2023 Sold
Premium
Sold
Oct 31, 2023 In contract -
In contract
Oct 11, 2023 Listed by Redfin Real Estate $749,000
Listed by Redfin Real Estate
Feb 14, 2017 Sold
Premium
Sold
Nov 23, 2015 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

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: 12,197
  • 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 RIDGEHAVEN ESTATES
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: RIDGEHAVEN ESTATES SEC 7 10985 LOT 388

Neighborhood

  • School District Name: Longwood Central School District
  • School Tax School District: LONGWOOD
  • Census Tract: 158411

Geography

  • Account Number: 00002040585
  • District: 0200-2
  • Section: 242.00
  • Parcel: 0200-242.00-01.00-001.118
  • Block: 1
  • Lot: 1.118
  • Municipality: BROOKHAVEN
  • Latitude: 40.9174
  • Longitude: -72.8869

    Address

  • Full Address: 8 Mulberry Ln
  • Address - House Number: 8
  • Address - Street Name: Mulberry
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Ridge
  • Carrier Code: R009
  • 4-Digit Zip Code: 3131
  • Zip Code: 11961

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472212

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 728,239
  • High Value: 833,301
  • Low Value: 623,178

    Market Valuation

  • Market Total Value: $7,361
  • Market Land Value: $370
  • Market Improvement Value: $6,991

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,975
  • Assessed Land Value: $200
  • Assessed Improvements Value: $3,775

    Sales

  • Current Sale Contract Date: Dec 30, 2016
  • Current Sale Recording Date: Feb 14, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Nov 23, 2015
  • Previous Sale Contract Date: Oct 23, 2015
  • Previous Sale Amount: $1,500,000
  • 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 East Shoreham

Stats & Trends

Median Asking:

$724,999

Sale Price/ft²

$343

Below Asking

0.01%

Average Days on Market

95

Average Home Size

2301 ft²

Average Home Age

48.2 years

Currently For Sale

18 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 333 A Woodbridge, Ridge, NY, 11961

$2,800 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
333 A Woodbridge, Ridge, NY, 11961 Listing by Rainer H. Jessen

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 8 Mulberry Lane built and last sold?
The property at 8 Mulberry Lane was built in and last sold on Dec 30, 2016 for $470,786.
How much is this home worth?
The estimated value of the home located at 8 Mulberry Lane is $761,809.
What are some comparable homes to 8 Mulberry Lane?
There are currently no comparable homes to 8 Mulberry Lane.
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