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North Patchogue 11772 North Patchogue
1 Fairmont Avenue
$330,000
● House - Off Market

1 Fairmont Avenue

Brookhaven, NY 11772
bedrooms
3 Beds
bathrooms
1 Bath
$490,903
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

Inline Ranch With Hardwood Floors. Offering 3 Bedrooms And Updated Full Bath. Full Basement Part Finished With Tongue And Groove Cedar Wainscoting, Eat-In-Kitchen With Custom Ash Cabinets & Ss Appliances (Except Frig) And Skylight, Dining Room With Skylight.  Detached 2 Car Garage, Fully Fenced And Has Outside Shower., Additional information: Appearance:Mint+,Separate Hotwater Heater:N
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$732
HOA Dues
-
Year Built
1974

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (OneKey MLS #KEYL2997778)

Price History

Date / Event Date Event Price
Apr 5, 2018 Sold
Premium
Sold
Jan 19, 2018 Listed by Douglas Elliman Real Estate $319,900
Listed by Douglas Elliman Real Estate
Jun 14, 2005 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 960
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 960
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLANDS OF PATCHOGUE
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: HIGHLANDS OF PAT 91 B42 7 TO 10

Neighborhood

  • School District Name: Patchogue-Medford Union Free School District
  • School Tax School District: PATCHOGUE-MEDFO
  • Census Tract: 158805

Geography

  • Assessors Map Reference: MAP 2900091
  • Account Number: 00002938635
  • District: 0200-9
  • Section: 951.00
  • Parcel: 0200-951.00-06.00-070.001
  • Block: 6
  • Lot: 70.001
  • Municipality: BROOKHAVEN
  • Latitude: 40.7818
  • Longitude: -73.0316

    Address

  • Full Address: 1 Fairmont Ave
  • Address - House Number: 1
  • Address - Street Name: Fairmont
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Patchogue
  • Carrier Code: C015
  • 4-Digit Zip Code: 1517
  • Zip Code: 11772

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472224

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 409,565
  • High Value: 504,365
  • Low Value: 314,764

    Market Valuation

  • Market Total Value: $4,157
  • Market Land Value: $222
  • Market Improvement Value: $3,935

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,245
  • Assessed Land Value: $120
  • Assessed Improvements Value: $2,125

    Sales

  • Current Sale Contract Date: May 19, 2005
  • Current Sale Recording Date: Jun 14, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Patchogue

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$354

Below Asking

0.01%

Average Days on Market

90

Average Home Size

1355 ft²

Average Home Age

64.8 years

Currently For Sale

16 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 203 Springmeadow Drive, Holbrook, NY, 11741

$3,995 /mo

  • 3 Beds
  • 1 Bath
  • 1,313 ft²
203 Springmeadow Drive #B, Holbrook, NY, 11741 Listing by Joseph Andriano

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1 Fairmont Avenue built and last sold?
The property at 1 Fairmont Avenue was built in 1974 and last sold on May 19, 2005 for $514,800.
How much is this home worth?
The estimated value of the home located at 1 Fairmont Avenue is $0.
What are some comparable homes to 1 Fairmont Avenue?
There are currently no comparable homes to 1 Fairmont Avenue.
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