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Sold for $330,000 on 06/28/24
  • $330,000

    7 Lafayette Avenue, Mastic, NY 11950

    3beds
    --sqft
    Single Family Residence
    Built in 1927
    7,841 Square Feet Lot
    $371,800 Zestimate®
    $--/sqft
    $3,287 Estimated rent

    What's special

    Welcome to an outstanding investment opportunity in Mastic. This cape-style home, featuring 3 bedrooms and 1 bath, comes with a current tenant in place until next January. The property is Section 8 approved, and the approval seamlessly transfers with the house, offering a hassle-free investment transition for the new owner (reapplication for the rental permit required). This property is a smart choice for investors seeking value and potential. The functional layout creates a warm and inviting atmosphere, making this home an ideal residence for tenants. One of the key advantages of this investment is its Section 8 status, providing a steady income stream and increased stability. The new owner will need to reapply for the rental permit, and with the existing tenant in place until next January, you can enjoy immediate returns on your investment. Benefiting from low taxes, this property enhances its appeal as an attractive investment opportunity.

    Zillow last checked: 7 hours ago

    Listing updated: November 21, 2024 at 05:55am

    Listed by:

    Karen L. Roth ABR 631-736-2000,

    RE/MAX Integrity Leaders 631-736-2000

    Bought with:

    Michael Watts, 10401315598

    Michael J Watts & Assoc Inc

    Source: OneKey® MLS,MLS#: L3528161MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom 1
    • Description: Bedroom
    • Level: Second
    Bedroom 1
    • Description: 2 Bedrooms
    • Level: First
    Bathroom 1
    • Description: Full Bathroom
    • Level: First
    Kitchen
    • Description: Kitchen
    • Level: First
    Living room
    • Description: Living Room
    • Level: First
    Office
    • Description: Den/Office
    • Level: Second
    Heating
    • Hot Water, Oil
    Cooling
    • None
    Features
    • Basement: Crawl Space
    • Attic: See Remarks
    • Has fireplace: No

    Property

    Parking
    • Parking features: Driveway, Private
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    Lot
    • Size: 7,841 sqft
    • Dimensions: .18
    Details
    • Parcel number: 0200824000700021000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape Cod
    • Property subtype: Single Family Residence
    Materials
    • Frame
    Condition
    • New construction: No
    • Year built: 1927

    Utilities & green energy

    • Sewer: Cesspool
    • Water: Public

    Community & neighborhood

    Location
    • Region: Mastic

    Other

    Other facts
    • Listing agreement: Exclusive Right To Lease
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $371,800

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $371,800