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Mastic Beach 11951 Mastic Beach
83 Cypress Drive
Photo of 83 Cypress Drive
Sold on May 16, 2023

23

Map

Photo of 83 Cypress Drive
Photo of 83 Cypress Drive
$305,000
● House - Off Market

83 Cypress Drive

Brookhaven, NY 11951
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,032 Ft²
$301,318
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Beautifully Maintained 3 Bedrooms/1 Bathroom Wide-line Ranch. Located Just a Short Distance to the Water. Perfect Find for First-Time Home Buyers, for Weekend and Summer Get-a-Ways or as an  Investment Property.  Features Include:  Living Room with Wood-burning Fireplace, Updated Bathroom,  Eat-in Kitchen with Slider Leading Out to Patio, New Central Air, Updated 200 Amp Electrical Panel, Newer Roof and Skylights, Fenced Backyard. This Home Requires Flood Insurance., Additional information: Appearance:Excellent,Separate Hotwater Heater:N
Unit Size
1,032 Ft²
Days on Market
33 days
Land Size
0.14 acres
Price per sqft
$290
Property Type
House
Property Taxes
$548
HOA Dues
-
Year Built
-

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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 #KEYL3470115)

Price History

Date / Event Date Event Price
Jul 17, 2023 Sold
Premium
Sold
May 16, 2023 Sold
Premium
Sold
Apr 19, 2023 In contract -
In contract
Apr 10, 2023 Listed by Century 21 Cor Ace Realty Inc $299,000
Listed by Century 21 Cor Ace Realty Inc
Jul 21, 2003 Sold
Premium
Sold

Property Highlights

Parking Available
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: 6,098
  • 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 MASTIC BEACH
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: William Floyd Union Free School District
  • School Tax School District: WILLIAM FLOYD
  • Census Tract: 159516

Geography

  • Account Number: 00004303600
  • District: 0200-9
  • Section: 980.00
  • Parcel: 0200-980.60-16.00-045.000
  • Block: 6016
  • Lot: 45.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.7612
  • Longitude: -72.8377

    Address

  • Full Address: 83 Cypress Dr
  • Address - House Number: 83
  • Address - Street Name: Cypress
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Mastic Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 2942
  • Zip Code: 11951

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 82
  • Final Value: 296,467
  • High Value: 339,237
  • Low Value: 253,696

    Market Valuation

  • Market Total Value: $2,592
  • Market Land Value: $222
  • Market Improvement Value: $2,370

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,400
  • Assessed Land Value: $120
  • Assessed Improvements Value: $1,280

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 10, 2023
  • Current Sale Recording Date: Jul 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 21, 2003
  • Previous Sale Contract Date: Jul 02, 2003
  • Previous Sale Amount: $172,250
  • 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 Mastic Beach

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$368

Below Asking

0.01%

Average Days on Market

86

Average Home Size

1350 ft²

Average Home Age

61 years

Currently For Sale

63 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 9 Babylon Road, Mastic Beach, NY, 11951

$3,800 /mo

  • 4 Beds
  • 1 Bath
  • 1,652 ft²
9 Babylon Road, Mastic Beach, NY, 11951 Listing by Amy Schuler
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

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 83 Cypress Drive built and last sold?
The property at 83 Cypress Drive was built in and last sold on May 10, 2023 for $305,000.
How much is this home worth?
The estimated value of the home located at 83 Cypress Drive is $301,990.
What are some comparable homes to 83 Cypress Drive?
There are currently no comparable homes to 83 Cypress Drive.
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