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.
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
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#: L3528161

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
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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