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Mastic Beach 11951 Mastic
86 Biltmore Drive
$365,000
● House - Off Market

86 Biltmore Drive

Brookhaven, NY 11951
bedrooms
3 Beds
bathrooms
1 Bath
$359,388
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

LOW TAXES!! Magnificent turn-key ranch renovated in 2018 located on the south shore of long island. The beach life is only a couple hours from manhattan. This home is close to south shore beaches & more! This home features an open layout with high ceilings great for entertaining. Kitchen with stainless steel appliances & door to the large private covered patio.  This home is located close to shopping, waterfront parks & marinas.  Long island's south shore makes a great place for a secondary home or year-round living., Additional information: Appearance:Mint,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.28 acres
Price per sqft
-
Property Type
House
Property Taxes
$495
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: 6 months ago (OneKey MLS #KEYL3358484)

Price History

Date / Event Date Event Price
Aug 5, 2022 Sold
Premium
Sold
Mar 31, 2022 Sold
Premium
Sold
Dec 14, 2021 In contract -
In contract
Nov 9, 2021 Listed by EXP Realty $349,000
Listed by EXP Realty
Jan 31, 2018 Sold
Premium
Sold
Show More

Property Highlights

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: MASTIC ACRES UNIT SEVEN
  • Land Acres: 0000000280
  • 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: 159512

Geography

  • Account Number: 00004108140
  • District: 0200-9
  • Section: 940.00
  • Parcel: 0200-940.00-07.00-037.000
  • Block: 7
  • Lot: 37.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.7848
  • Longitude: -72.831

    Address

  • Full Address: 86 Biltmore Dr
  • Address - House Number: 86
  • Address - Street Name: Biltmore
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Mastic Beach
  • Carrier Code: C007
  • 4-Digit Zip Code: 1310
  • 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 14, 2024
  • Confidence Score: 82
  • Final Value: 343,672
  • High Value: 393,253
  • Low Value: 294,091

    Market Valuation

  • Market Total Value: $2,315
  • Market Land Value: $185
  • Market Improvement Value: $2,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,250
  • Assessed Land Value: $100
  • Assessed Improvements Value: $1,150

    Sales

  • Current Sale Contract Date: Mar 31, 2022
  • Current Sale Recording Date: Aug 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 31, 2018
  • Previous Sale Contract Date: Jan 05, 2018
  • Previous Sale Amount: $206,500
  • 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

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$360

Above Asking

0.00%

Average Days on Market

85

Average Home Size

1852 ft²

Average Home Age

46.8 years

Currently For Sale

38 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 241 Pawnee Avenue, Mastic, NY, 11950

$3,000 /mo

  • 2 Beds
  • 1 Bath
  • 998 ft²
241 Pawnee Avenue, Mastic, NY, 11950 Listing by Michael V. Foley
Unit for rent at 48 Eleanor Avenue, Mastic, NY, 11950

$3,500 /mo

  • 3 Beds
  • 1 Bath
  • 975 ft²
48 Eleanor Avenue, Mastic, NY, 11950 Listing by Victoria Swenson CBR
Unit for rent at 11 Washington Avenue, Mastic Beach, NY, 11951

$3,750 /mo

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

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 86 Biltmore Drive built and last sold?
The property at 86 Biltmore Drive was built in and last sold on Mar 31, 2022 for $365,000.
How much is this home worth?
The estimated value of the home located at 86 Biltmore Drive is $352,490.
What are some comparable homes to 86 Biltmore Drive?
There are currently no comparable homes to 86 Biltmore Drive.
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