112 E Roe Boulevard
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 20, 2024 | Sold | ||
| Sold | |||
| Apr 27, 2024 | In contract | - | |
| In contract | |||
| Apr 22, 2024 | Listed by Douglas Elliman Real Estate | $649,990 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
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Feast your eyes on this absolutely stunning home, fabulously maintained and with some key features that are sure to put this listing in rarified air. Atop them all is a completely legal, indoor, heated 20x40 in-ground pool in excellent condition, with a motorized pool cover and a top-of-the-line titanium pool heater. The pool room itself is heated with gas, approx. 1750 sq ft, surrounded with floor-to-ceiling windows and complete with a retractable roof that opens up to the sun in the summer months. Just wow! Only 2 previous owners, originally built and owned by the famous Blum family and recently updated to perfection. Newer roof, newer siding, owned solar panels that are hidden from the street, Andersen windows and gorgeous wood floors throughout. IG sprinklers and central air is a given. Kitchen is only 6 years young, elite Buderus oil burner only 7 years young, updated 200 amp panel, updated gas lines (can connect to natural gas with permits), and 2 giant Roth stainless steel oil tanks approx. 4 years young. Double-wide concrete driveway and a massive 2-car heated garage, with a jaw-dropping amount of attic space above it that could easily be converted to more living space (2nd attic above 2nd floor is expansive as well). All of this situated on just under a half acre with a spacious, fenced and meticulously manicured yard, including 2 gazebos sitting on Trex decking, a fire pit and a new shed. This entertainer's dream truly has it all, and is just 2 blocks from Patchogue Village and mere minutes from Main St, but with NO village taxes! The kicker? The seller has a 3.25% interest rate, FULLY ASSUMABLE FOR VA BUYERS ONLY, and a mortgage balance that makes assumability feasible! This one is going to FLY. Don't miss it.
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| Jun 7, 2022 | Sold | ||
| Sold | |||
| Apr 25, 2022 | Sold | ||
| Sold | |||
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About North Patchogue
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017