115 Cedar Avenue
About This Property
The inviting wraparound covered porch is the perfect place to relax and enjoy the peaceful surroundings, while the eat-in kitchen provides everyday convenience. A full basement offers abundant storage and additional possibilities.
A detached garage is complemented by a separate detached studio equipped with its ductless HVAC, making it ideal for a home office, artist's studio, fitness room, workshop, or creative space.
Additional features include central air conditioning, natural gas heating, a two-zone heating system, brick foundation, and numerous updates completed by the current owner, who has lovingly maintained the home since 1997.
Steeped in local history as the former home of Thomas W. Mulford, this unique property offers a rare opportunity to own a piece of Patchogue's past while enjoying all the conveniences of village living. Located just minutes from vibrant Main Street, you'll be close to award-winning restaurants, shopping, parks, marinas, beaches, the Patchogue Theatre, and the LIRR, providing easy access to New York City.
Don't miss this rare opportunity to own a truly special home that combines historic character, flexible living space, and an unbeatable Patchogue Village location.
True taxes 6,706.10 and an additional village tax are 2,911.07
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 9, 2026 | In contract | - | |
| In contract | |||
| Jul 26, 2026 | Listed by Signature Premier Properties | $555,803 | |
| Listed by Signature Premier Properties | |||
| Mar 21, 1997 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017