NOT LISTED FOR SALE

5 Mastic Rd Mastic Beach, NY 11951

Estimated Value: $443,799

4 Beds
2 Baths
1,500 Sq Ft
$296/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $325,000 $217 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,764/month

53 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Forced Air Heating System
  • 3-minute walk to Bayview Park

About This Home

As of November 2022

Calling All Investors, Business Owners or Residents Who Want To Receive Rental Income. Great Opportunity To Own This Multi-Purpose Duplex (Front Zoned Commercial, Rear Zoned Residential) That Has Just Recently Been Renovated w/ A New Roof On The Exterior and New Flooring, Appliances & Heating on The Interior. Large Rear Driveway w/ Parking Plus Yard Space! Currently Setup As Two 2 Bed 1 Bath Rentals. Front Unit Occupied & Can Be Delivered Occupied Or Vacant.

Last Agent to Sell the Property

Vincent Calautti

Keller Williams Realty Elite License #10401356599 Listed on: 12/20/2021

Keller Williams Realty Elite

Co-Listed By

Ron Zimmerman

Keller Williams Realty Elite License #10401301826

Last Buyer's Agent

Stephen Zappalla

Keller Williams Realty Elite License #10401342456

Keller Williams Realty Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,635

Year Built

  • Built in 1960 | Remodeled in 2021

Lot Details

  • 9,148 Sq Ft Lot
  • No Common Walls

Home Design

  • Duplex
  • Frame Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Private Parking
  • Driveway
  • Parking Lot

Schools

  • William Paca Middle School
  • William Floyd High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • 2 Heating Zones
  • Heating System Uses Propane
  • Electric Water Heater
  • Cesspool

Listing and Financial Details

  • Legal Lot and Block 8 / 12
  • Assessor Parcel Number 0200-978-90-12-00-008-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,635

Year Built

Built in 1960 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Duplex
  • Property SubType: Multi Family
  • Year Built: 1960
  • New Construction: No
  • Year Built Effective: 2021
  • Attribution Contact: 516-795-6900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Interior Amenities: Master Downstairs
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: None
  • Total Bedrooms: 4
  • Kitchens: 2

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Flood Zone Date: 2022-04-14
  • Flood Zone Report: Yes

Garage/Parking

  • Total Parking Spaces: 6.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Driveway, Parking Lot

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Electric, Propane, Forced Air
  • Hot Water: Electric Stand Alone
  • Heating Zones: 2
  • Sewer: Cesspool
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: William Paca Middle School

Lot Info

  • Lot Size Acres: 0.2100
  • Lot Dimensions: .21
  • Lot Size Sq Ft: 9148.00
  • Lot Size Units: Acres
  • Parcel Number: 0200-978-90-12-00-008-000
  • Zoning Description: Res/Com
  • Property Attached: No

Rental Info

  • Hold Start Date: 2022-01-14
  • Lease Considered: No

Tax Info

  • Close Date: 2022-11-18
  • Tax Annual Amount: 8634.85
  • Tax Block: 12
  • Tax Lot: 8
  • Tax Map Number: 0200-978-90-12-00-008-000

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 1

MLS Schools

  • High School: William Floyd High School
  • Middle School District: William Floyd

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2021
Closed on
Nov 18, 2022
Sold by
Att Prop Maanagement Llc
Bought by
5 Mastic Road Llc
Seller's Agent
Vincent Calautti
Keller Williams Realty Elite
Buyer's Agent
Stephen Zappalla
Keller Williams Realty Elite
List Price
$369,000
Sold Price
$325,000
Premium/Discount to List
-$44,000
-11.92%
Current Estimated Value
$443,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,799
Avg. Annual Appreciation
10.36%
Original Mortgage
$280,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2017
Sold by
Jackhammer Properties Inc
Bought by
Ribaudo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2015
Sold by
Lavelle William T
Bought by
Jackhammer Properties Corp

Purchase Details

Closed on
Jun 10, 2008
Sold by
Lavelle Beth B
Bought by
Lavelle William T

Purchase Details

Closed on
Dec 29, 2006
Sold by
Sweet Water Realty Corp
Bought by
Lavelle Beth B

Purchase Details

Closed on
Sep 30, 2005
Sold by
Crawford Jimmy K Mary P
Bought by
Sweet Water Realty Corp

Purchase Details

Closed on
Jun 18, 2004
Sold by
New Horizons Realty Of Long Island Inc
Bought by
Crawford Jimmy K and Crawford Mary P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,750
Interest Rate
6.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 19, 1999
Sold by
Jay Wallace and Jay Jeanne
Bought by
New Horizons Realty Of Long Island Inc

Purchase Details

Closed on
Jul 7, 1998
Sold by
Livingston Stanley and Livingston Patricia
Bought by
Jay Wallace and Jay Jeanne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
5 Mastic Road Llc $325,000 None Available
Ribaudo Llc $125,000 --
Jackhammer Properties Corp -- None Available
Lavelle William T -- William Lavelle
Lavelle Beth B $185,000 William T Lavelle
Sweet Water Realty Corp $195,000 Howard A Wurman
Crawford Jimmy K $155,000 --
New Horizons Realty Of Long Island Inc $35,000 First American Title Ins Co
Jay Wallace $78,500 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 5 Mastic Road Llc $280,000
Previous Owner Ribaudo Llc $62,000
Previous Owner Crawford Jimmy K $131,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2022 11/18/22 Sold $325,000 -11.9% $217 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $369,000 +13.5% $246 / Sq Ft
01/14/2022 01/14/22 Off Market $325,000 -- --
12/20/2021 12/20/21 For Sale $369,000 -- $246 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2022 $8,272 $1,900 $500 $1,400
2021 $8,272 $1,900 $500 $1,400
2020 $8,473 $1,900 $500 $1,400
2019 $8,473 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3365786

OneKey® MLS

APN: 0200-978-90-12-00-008-000