11 days on rocket

316 Fire Island Blvd, Fire Island Pines, NY, 11782

$1,500,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
1,400 SqFt
$1,071/SqFt
House
Schools Nearby

Location

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316 Fire Island Blvd, Brookhaven$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1970
HeatingWood, Heat Pump
CoolingCentral Air
Private PoolYes
MLS #3546284
Lot Size0.18 Acres
StatusActive
(A)

About 316 Fire Island Blvd

Discover an exceptional investment opportunity at 316 Fire Island Blvd, nestled in the heart of Fire Island Pines, NY. This meticulously renovated property, originally built in 1956, offers a blend of modern luxury and serene outdoor living across its 1400 sq ft of living space. Featuring three elegantly designed bedrooms and three fully updated bathrooms, each space within this home has been thoughtfully curated to maximize comfort and style. The heart of the home is its new kitchen, equipped with top-of-the-line appliances and finishes, seamlessly extending into an expansive new outdoor kitchen area, perfect for entertaining and al fresco dining. The crown jewel of this property is its exceptionally large and private outdoor area. Envisioned for the ultimate in privacy and relaxation, it serves as a personal oasis, ideal for those who cherish their outdoor moments. Financially, this property stands as a lucrative investment with a sale price of $1,500,000. It boasts an impressive rental revenue of $99,949 for 2024, achieving near 100% occupancy from June through mid-September. With rental rates peaking at $14,500 during holidays and $12,500 in the peak season, the investment potential is significant. The property's annual expenses are efficiently managed, ensuring a profitable return on investment. Financial Highlights: 2024 Rental Revenue:?$99,949 2024 Occupancy:?Nearly 100% (June to mid-September) Peak Season Rates:?$14,500 (holidays), $12,500 (peak season) Annual Expenses Electric Costs:?$4,000 Water Costs:?$600 Taxes:?$10,017 Property Insurance:?$2,300 Flood Insurance:?$2,500 Pool Maintenance:?$1,600 (May-September) Housekeeping:?$225/week (when occupied) This offering is not just a home; it's a lifestyle and investment opportunity rolled into one. With its recent high-end renovations, unmatched privacy, and proven rental income, 316 Fire Island Blvd presents a rare chance to own a piece of paradise in Fire Island Pines. Whether as a personal retreat or a strategic investment, this property promises to be a valuable addition to any portfolio.

Property Details

Property Features

Property Information:

  • Architectural Style: Seasonal Dwelling
  • Year Built: 1970
  • Living Area: 1,400 SqFt

Listing Office:

  • Office Name: BEKIN
  • Office Phone: (917) 717-5608

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Hardwood
  • Interior: Granite Counters

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Wood, Heat Pump
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $1,071/SqFt
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Housing Market Comparison

See how this home compares to others in Brookhaven, NY.

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Brookhaven, NY

City

Med. Sold Price

$509.1K

Med. Price/SqFt

$301

Avg. Days On Market

52

# of Sold Homes

333

316 Fire Island Blvd vs Brookhaven

11 DAYS ON ROCKET

-41 Days

$1,500,000

+$990.8K More

$1,071/SqFt

+$769 More

KEY TAKEAWAY

This property is $990.8K more than the Median Sold Price and $769/SqFt more than other homes in Brookhaven, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3546284

Listing Office:

  • Office Name: BEKIN
  • Office Phone: (917) 717-5608

IDX Listings courtesy of OneKey MLS as distributed by 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.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/3/2024, 10:11:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-5617331
4
/10

  • Academy Street Elementary School

  • 150 Academy St

  • 5.09 miles

  • Public District Grades KG-5

school-card-donut-5617332
7
/10

  • Cherry Avenue Elementary School

  • 155 Cherry Ave

  • 5.27 miles

  • Public District Grades KG-5

school-card-donut-5617333
3
/10

  • Blue Point Elementary School

  • 212 Blue Point Ave

  • 5.88 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $95,000. The majority of Brookhaven, NY residents have income between $100k-200k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 316 Fire Island Blvd

What is the listing price of this property?

The listing price of 316 Fire Island Blvd property is $1,500,000.

What type of property is this?

The property 316 Fire Island Blvd is a house located in Fire Island Pines, New York, 11782.

Is this property for sale now?

Active Listing: 316 Fire Island Blvd is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 316 Fire Island Blvd has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 316 Fire Island Blvd is 1,400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 316 Fire Island Blvd is 1970.

Rocket Homes›New York›Suffolk County›Brookhaven›11782›316 Fire Island Blvd

This home is located at 316 Fire Island Blvd in Fire Island Pines, NY and zip code 11782 in the Fire Island neighborhood. This 1,400 square foot home, which was built in 1970, sits on a 0.18 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $1,500,000.

While more than 188 listings in Brookhaven, NY in April 2024 were sold above asking price, there were more than 45 listings sold at asking price, and more than 100 were sold below. Between March 2024 and April 2024, Brookhaven, NY real estate market has seen increase in the number of listings by 11.5%. In April 2024 median list price was $509,166 and the average listing age was 52 days.

From Rocket Homes Real Estate and based on county public records data.

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