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Mastic Beach 11951 Mastic Beach
83 Elder Drive
$110,000
● House - Off Market

83 Elder Drive

Brookhaven, NY 11951
bedrooms
3 Beds
bathrooms
1 Bath
square feet
850 Ft²
$197,544
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

Easy To Show . Cash Or 203K Financing Ok. Ranch Style House With Open Concept. Updated Roof, Windows, Siding. Floors, Bath. Split Unit Heating / Ac. Det Garage., Additional information: Appearance:Mint,Separate Hotwater Heater:Y
Unit Size
850 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$153
Property Type
House
Property Taxes
$405
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 #KEYL3060636)

Price History

Date / Event Date Event Price
Oct 13, 2022 Sold
Premium
Sold
Jan 4, 2019 Sold
Premium
Sold
Aug 28, 2018 Listed by L I Community Realty Inc $129,990
Listed by L I Community Realty Inc
Feb 17, 2017 Sold
Premium
Sold
Dec 21, 2016 Sold
Premium
Sold
Show More

Property Highlights

Garage

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: 7,841
  • 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 MASTIC BEACH
  • Land Acres: 0000000180
  • 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: 159509

Geography

  • Account Number: 00004402410
  • District: 0200-9
  • Section: 982.00
  • Parcel: 0200-982.00-12.00-072.000
  • Block: 12
  • Lot: 72.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.755
  • Longitude: -72.8526

    Address

  • Full Address: 83 Elder Dr
  • Address - House Number: 83
  • Address - Street Name: Elder
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Mastic Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 5407
  • Zip Code: 11951

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 323,410
  • High Value: 398,268
  • Low Value: 248,551

    Market Valuation

  • Market Total Value: $1,907
  • Market Land Value: $296
  • Market Improvement Value: $1,611

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,030
  • Assessed Land Value: $160
  • Assessed Improvements Value: $870

    Sales

  • Current Sale Contract Date: Jul 26, 2022
  • Current Sale Recording Date: Oct 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 17, 2017
  • Previous Sale Contract Date: Dec 19, 2016
  • Previous Sale Amount: $60,000
  • 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 Mastic Beach

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

86

Average Home Size

1331 ft²

Average Home Age

63.3 years

Currently For Sale

66 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 11 Washington Avenue, Mastic Beach, NY, 11951

$4,000 /mo

  • 4 Beds
  • 2 Baths
  • 968 ft²
11 Washington Avenue, Mastic Beach, NY, 11951 Listing by Rakisha George
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 165 Lynbrook Drive, Mastic Beach, NY, 11951

$3,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,520 ft²
165 Lynbrook Drive, Mastic Beach, NY, 11951 Listing by Clifton R. Cole

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 83 Elder Drive built and last sold?
The property at 83 Elder Drive was built in and last sold on Jul 26, 2022 for $235,000.
How much is this home worth?
The estimated value of the home located at 83 Elder Drive is $141,733.
What are some comparable homes to 83 Elder Drive?
There are currently no comparable homes to 83 Elder Drive.
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