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Mastic Beach 11951 Mastic Beach
92 Alder Drive
$365,000
● House - Off Market

92 Alder Drive

Brookhaven, NY 11951
bedrooms
2 Beds
bathrooms
1 Bath
$391,853
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Charming 2 bed 1 bath home in Mastic Beach situated on .27 of an acre on meticulously maintained grounds. The main floor contains both bedrooms, full bathroom, living room, kitchen, laundry, and a sun room/dining room. The second floor is made up of a loft area perfect for storage or an office area. Potential to push the roof up for added height to create a full second story. Detached 20x30, 2+ car garage with electric. Tuck your boat or RV safely off to the side of the garage (RV connection ran for easy hookup). Solar panels owned by homeowner, extremely low electric bill ($15/mo). Marina is 2 mins down the road, Smiths Point Beach is 5 mins away. Hedges across the front yard gives you all the privacy you need., Additional information: Appearance:Excellent
Unit Size
-
Days on Market
112 days
Land Size
0.27 acres
Price per sqft
-
Property Type
House
Property Taxes
$442
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: 4 months ago (OneKey MLS #KEYL3395636)

Price History

Date / Event Date Event Price
Oct 17, 2022 Sold
Premium
Sold
Aug 23, 2022 Sold
Premium
Sold
Jul 2, 2022 In contract -
In contract
Apr 30, 2022 Listed by Hampton Estates Realty LLC $379,000
Listed by Hampton Estates Realty LLC
Feb 22, 2012 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: 11,761
  • 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
  • Land Acres: 0000000270
  • 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: 00004300040
  • District: 0200-9
  • Section: 976.00
  • Parcel: 0200-976.90-15.00-034.000
  • Block: 9015
  • Lot: 34.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.7683
  • Longitude: -72.8431

    Address

  • Full Address: 92 Alder Dr
  • Address - House Number: 92
  • Address - Street Name: Alder
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Mastic Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 4005
  • 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: 371,136
  • High Value: 424,679
  • Low Value: 317,593

    Market Valuation

  • Market Total Value: $2,129
  • Market Land Value: $444
  • Market Improvement Value: $1,685

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,150
  • Assessed Land Value: $240
  • Assessed Improvements Value: $910

    Sales

  • Current Sale Contract Date: Aug 23, 2022
  • Current Sale Recording Date: Oct 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 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

$4,000 /mo

  • 4 Beds
  • 2 Baths
  • 968 ft²
11 Washington Avenue, Mastic Beach, NY, 11951 Listing by Rakisha George
Unit for rent at 21 Sherwood Drive, Mastic Beach, NY, 11951

$3,000 /mo

  • 3 Beds
  • 1 Bath
21 Sherwood Drive, Mastic Beach, NY, 11951 Listing by Lina Lopes

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 92 Alder Drive built and last sold?
The property at 92 Alder Drive was built in and last sold on Aug 23, 2022 for $365,000.
How much is this home worth?
The estimated value of the home located at 92 Alder Drive is $382,790.
What are some comparable homes to 92 Alder Drive?
There are currently no comparable homes to 92 Alder Drive.
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