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Rocky Point 11778 Rocky Point
8 Olive Road
Photo of 8 Olive Road
Sold on Sep 29, 2025

24

Map

Photo of 8 Olive Road
Photo of 8 Olive Road
$400,000
● House - Off Market

8 Olive Road

Brookhaven, NY 11778
bedrooms
2 Beds
bathrooms
1 Bath
square feet
800 Ft²
$2,692
Est. Monthly
6.96%
Cap Rate

About This Property

Car Lovers Dream Home! This 2 Bedroom ranch sits on .32 acres close to the beach and features 2/3 car garage, a Huge Driveway and a Full Fenced Yard with Gazebo.
Unit Size
800 Ft²
Days on Market
175 days
Land Size
0.32 acres
Price per sqft
$531
Property Type
House
Property Taxes
$604
HOA Dues
-
Year Built
1950

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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: 2 years ago (OneKey MLS #KEY845286)

Price History

Date / Event Date Event Price
Sep 29, 2025 Sold
Premium
Sold
Jun 25, 2025 In contract -
In contract
Apr 26, 2025 Price Decreased $425,000
↓ $25K (5.5%)
Price Decreased
Apr 7, 2025 Listed by Aliano Real Estate $449,900
Listed by Aliano Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 916
  • Building Area: 916
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 916
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH SHORE BEACH
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: NORTH SHORE BEACH 1015 SEC D 2682 TO 2688 INC

Neighborhood

  • School District Name: Rocky Point Union Free School District
  • School Tax School District: ROCKY POINT
  • Census Tract: 158407

Geography

  • Assessors Map Reference: MAP 1501015
  • Account Number: 00001513540
  • District: 0200-0
  • Section: 55.00
  • Parcel: 0200-055.00-02.00-029.000
  • Block: 2
  • Lot: 29.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.9568
  • Longitude: -72.9284

    Address

  • Full Address: 8 Olive Rd
  • Address - House Number: 8
  • Address - Street Name: Olive
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Rocky Point
  • Carrier Code: R006
  • 4-Digit Zip Code: 8683
  • Zip Code: 11778

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472209

    Appraisal Valuation

  • Standard Deviation: 0.2692
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 493,021
  • High Value: 625,749
  • Low Value: 360,294

    Market Valuation

  • Market Total Value: $2,723
  • Market Land Value: $519
  • Market Improvement Value: $2,204

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,470
  • Assessed Land Value: $280
  • Assessed Improvements Value: $1,190
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 Rocky Point

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$387

Below Asking

0.01%

Average Days on Market

86

Average Home Size

1389 ft²

Average Home Age

63.4 years

Currently For Sale

47 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 Maple Road, Rocky Point, NY, 11778

$3,100 /mo

  • 3 Beds
  • 1 Bath
  • 825 ft²
48 Maple Road, Rocky Point, NY, 11778 Listing by Joseph Cordani CBR

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 8 Olive Road built and last sold?
The property at 8 Olive Road was built in 1950 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8 Olive Road is $427,219.
What are some comparable homes to 8 Olive Road?
There are currently no comparable homes to 8 Olive Road.
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