Rent to own Homes in Mastic, NY
Located on the south shore of central Long Island, Mastic's modern history began with the construction of a railway station in 1882. Today, Mastic is characterized as a typical Long Island beach town, with close proximity to the Atlantic Ocean and a thriving community. Whether you come for a day, weekend, or the rest of your life, Mastic offers the best of Long Island with an irresistible and welcoming small-town vibe.
Mastic, NY is a great place for affordable rent-to-own homes! With a median household income of over $94,175 and a median rent of $1,908, the Mastic, NY rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Mastic, NY. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Mastic, NY Property Resources
Rent to own Homes in Cities Near Mastic, NY
- Aquebogue
- Baiting Hollow
- Bayport
- Belle Terre
- Bellport
- Brookhaven
- Calverton
- Center Moriches
- East Moriches
- East Patchogue
- Eastport
- East Quogue
- East Shoreham
- Farmingville
- Fire Island
- Flanders
- Gordon Heights
- Hampton Bays
- Hauppauge
- Holbrook
- Islandia
- Islip
- Jamesport
- Lake Ronkonkoma
- Laurel
- Manorville
- Mastic
- Mastic Beach
- Mattituck
- Medford
- Middle Island
- Miller Place
- Moriches
- Mount Sinai
- Northampton
- North Bellport
- Patchogue
- Port Jefferson Station
- Ridge
- Shirley
- Shoreham
- Smithtown
- Sound Beach
- Stony Brook
- Stony Brook University
- Terryville
- Village of the Branch
- Wading River
- Westhampton
- Westhampton Beach
Neighborhoods in Mastic, NY
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11950 rent to own homesBuying a Home in Mastic, NY
Mastic, NY is seeing rapid growth and Mastic, NY's' housing market remains not optimal with an average home price that is 23% above the 2024 national average. Mastic, NY is part of Suffolk county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Suffolk is 1.7% which is above the national average, which is 0.99%.
Median Home Price in Mastic, NY
Median Rent in Mastic, NY
4 Great Reasons to Live in Mastic, NY
You can stay active in the water! Just a short drive from Mastic is Smith Point, an oceanfront park that offers a myriad of recreational activities on the Atlantic Ocean. When the summer weather arrives, grab your swimming attire and head to Smith Point for a fun day of scuba diving, surfing or swimming. The park's playground, food stalls and frequent summer events make the park a focal point for the community. On warm summer evenings visit the Ice Cream Cottage to grab a cold treat before a walk on the beautiful beach.
Affordable housing! Mastic is only an hour and a half from the ritzy metropolis of Manhattan, but you wouldn't know it by the affordable home prices. The mean price of $190,000 for a detached house in Mastic is a steal compared to the New York mean price of nearly $350,000. Similarly, a townhouse in Mastic is nearly half the price of one elsewhere in the state, with a mean price of $282,000. Whether you're seeking to buy, rent or rent to own, look at the areas surrounding Squaw Lane or Eleanor Avenue for affordable housing options.
Exciting Long Island! As a resident who calls the center of Long Island home, you're able to enjoy the treasure trove of cultural hot spots and great attractions the island provides. Make the 30-mile trip to the Hamptons after breakfast at Jimmy's Diner and you'll be rewarded with miles upon miles of stunning beaches, plus a selection of great stores and restaurants. Alternatively, drive 45 minutes west and you'll reach the neighborhood of Huntington, where you can enjoy a peaceful afternoon at Caumsett State Park.
A home here is an investment! Mastic's comparatively modest house prices make the town an attractive option for those who want to invest in Long Island property, but are put off by the unfavorable buyer's market found elsewhere on the island. With a 7.8 percent increase in appreciation in the past two years, there are signs that a home bought in Mastic today could be a great investment in time. The areas around the town center, Moriches Middle Island Road and Abbot Avenue, have seen the biggest jump in appreciation since 1990.