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Mastic 11950 Mastic
86 Montgomery Avenue
Photo of 86 Montgomery Avenue
Sold on May 30, 2023

32

Map

Photo of 86 Montgomery Avenue
Photo of 86 Montgomery Avenue
$540,000
● House - Off Market

86 Montgomery Avenue

Brookhaven, NY 11950
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,496 Ft²
$529,070
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

*OPEN HOUSE CANCELLED * Stop Here - Rare Opportunity- Legal Accessory Apartment! This Oversized 5-Bedroom 3.5 Bathroom Colonial Has A Legal 1-Bedroom Duplex Accessory Apartment And Is An Income Producer! Boasting Over 3400 Square Feet Of Living Space, This Unique Home Is Situated On An Extra-Large Corner 100x180 Lot Featuring A Fantastic Back Patio And 2nd Side Driveway, Perfect Privacy For A Tenant! There Is A Full Unfinished Basement With Extra Tall Ceilings And Tons Of Potential! Inside You Will Find An Amazing Layout With A Large Living Room, Formal Dining Room, Eat In Kitchen And Den All Perfectly Laid Out For Hosting Guests. The Main Home Has 4 Bedrooms 2.5 Bathrooms, While The Side Of The Home Has A Private Entrance To An Expanded 1-Bedroom Duplexed 2 Level Apartment With Its Own Private Driveway And Laundry Hookup. This Home Is In Great Condition. There Is An Alarm System Throughout. Act Fast - This Wont Last, Additional information: Appearance:Excellent
Unit Size
3,496 Ft²
Days on Market
132 days
Land Size
0.40 acres
Price per sqft
$150
Property Type
House
Property Taxes
$770
HOA Dues
-
Year Built
1979

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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 #KEYL3453241)

Price History

Date / Event Date Event Price
May 30, 2023 Sold
Premium
Sold
Feb 3, 2023 In contract -
In contract
Jan 18, 2023 Listed by Azure Realty Group NY LLC $525,000
Listed by Azure Realty Group NY LLC

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 17,424
  • Total Building Area: 2,902
  • Building Area: 2,902
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 2,902
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEVIEW PARK
  • Land Acres: 0000000400
  • Standard Land Use Code: 1022
  • County Land Use Code: 215
  • Legal Description 1: LAKEVIEW PARK 653 PL A B 17 31 TO 39 INC

Neighborhood

  • School District Name: William Floyd Union Free School District
  • School Tax School District: WILLIAM FLOYD
  • Census Tract: 159416

Geography

  • Assessors Map Reference: MAP 4700653
  • Account Number: 00004716171
  • District: 0200-7
  • Section: 787.00
  • Parcel: 0200-787.00-05.00-051.002
  • Block: 5
  • Lot: 51.002
  • Municipality: BROOKHAVEN
  • Latitude: 40.8134
  • Longitude: -72.8412

    Address

  • Full Address: 86 Montgomery Ave
  • Address - House Number: 86
  • Address - Street Name: Montgomery
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Mastic
  • Carrier Code: C001
  • 4-Digit Zip Code: 2607
  • Zip Code: 11950

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: 515,696
  • High Value: 590,095
  • Low Value: 441,298

    Market Valuation

  • Market Total Value: $5,000
  • Market Land Value: $667
  • Market Improvement Value: $4,333

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,700
  • Assessed Land Value: $360
  • Assessed Improvements Value: $2,340

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 27, 2023
  • Current Sale Recording Date: Jun 06, 2023
  • Current Sale Price:
    Premium
  • Current 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

$353

Above Asking

0.00%

Average Days on Market

86

Average Home Size

1979 ft²

Average Home Age

47.7 years

Currently For Sale

36 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

Rentals Near You

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OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 86 Montgomery Avenue built and last sold?
The property at 86 Montgomery Avenue was built in 1979 and last sold on Mar 27, 2023 for $540,000.
How much is this home worth?
The estimated value of the home located at 86 Montgomery Avenue is $531,900.
What are some comparable homes to 86 Montgomery Avenue?
There are currently no comparable homes to 86 Montgomery Avenue.
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