Mastic, NY 11950,7 Lafayette AVE

$330,000

Est. payment /mo

$350,000

5.7%
Est.Price: ?

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7 Lafayette AVE Mastic, NY 11950

3 Beds

1 Bath

SOLD DATE : 06/28/2024

Key Details

Sold Price $330,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

MLS Listing ID KEYL3528161

Sold Date 06/28/24

Style Cape Cod

Bedrooms 3

Full Baths 1

Originating Board onekey2

Rental Info No

Year Built 1927

Annual Tax Amount $2,843

Lot Dimensions .18

Property Description

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.

Location

State NY

County Suffolk County

Rooms

Basement Crawl Space

Interior

Heating Hot Water, Oil

Cooling None

Fireplace No

Exterior

Parking Features Driveway, Private

Private Pool No

Building

Sewer Cesspool

Water Public

Level or Stories Two

Structure Type Frame

New Construction No

Schools

Middle Schools William Floyd Middle School

High Schools William Floyd High School

School District William Floyd

Others

Senior Community No

Special Listing Condition None

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Listed by RE/MAX Integrity Leaders
Bought with Michael J Watts & Assoc Inc
agent

Patricia Sassi

Broker Associate | License ID: 30SA0943463

+1(845) 800-3937

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