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7 Lafayette Avenue

Mastic, NY 11950

3 beds
1 bath
– sqft
7,841 sqft lot
1927 build
– on site

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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.

Listing courtesy of ONEKEY / RE/MAX Integrity Leaders

Last checked: Checking… • Last updated Nov 26, 2024 •

MLS# L3528161 —

The Building

Year Built:

1927
Basement:

false
Architectural Style:

Cape Cod
Construction Materials:

Frame
Number Of Units Total:

1
New Construction:

false
Attic:

See Remarks

Interior

Levels:

Two
Rooms Total:

6
Room Count:

6
Fireplace:

false
Room Description:

Living Room||Kitchen||2 Bedrooms||Full Bathroom||Bedroom||Den/Office
Number Of Kitchens:

1

Financial & Terms

Lease Considered:

false

The Property

Parcel Number:

0200-824-00-07-00-021-000
Property Type:

Residential
Property Sub Type:

Single Family Residence
Lot Size Square Feet:

7,841 Sqft
Property Attached:

false
Additional Parcel:

No
Lot Size Dimensions:

.18

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

2843.41
Tax Lot:

21

Beds

Bedrooms Total:

3

Baths

Bathrooms Full:

1
Bathrooms Total:

1

The Listing

Heating & Cooling

Heating:

Hot Water, Oil
Cooling:

None
Number Of Heating Zones:

1

Utilities

Sewer:

Cesspool
Water Source:

Public

Schools

High School:

William Floyd High School
High School District:

William Floyd
Middle School:

William Floyd Middle School

The Community

Association:

false
Seasonal:

No
Senior Community:

false
Additional Fees:

No
Pool Private:

false
Spa:

false

Parking

Parking Features:

Driveway, Private

Explore the Area

My Commute

From

Sale history

Date	Event	Source	Price	% Change
6/28/24 Jun 28, 2024	Sold	ONEKEY	$330,000	121.5% (17.4% / YR)
7/11/17 Jul 11, 2017		ONEKEY	$149,000

House Sold on 6/28/2024

$330,000

Listing provided by broker:

Karen L. Roth ABR

RE/MAX Integrity Leaders

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Listing Courtesy of: ONEKEY and RE/MAX Integrity Leaders.

IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

7 Lafayette Avenue

Mastic, NY 11950