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East Patchogue 11772 East Patchogue
116 Miramar Avenue
$320,000
● House - Off Market

116 Miramar Avenue

East Patchogue, NY 11772
bedrooms
2 Beds
bathrooms
2 Baths
$364,820
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Beautiful Ranch in Miramar Beach Featuring 2 Bedrooms; Eat-In Kitchen and Living Room with great open floor plan and huge Finished Basement. One Car Detached Garage and Large Yard. Close to All.  Don't Miss This Great Opportunity!
Unit Size
-
Days on Market
124 days
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$543
HOA Dues
-
Year Built
1925

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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: 3 years ago (OneKey MLS #ONE3274820)

Price History

Date / Event Date Event Price
Apr 12, 2021 Sold
Premium
Sold
Jan 22, 2021 In contract -
In contract
Dec 9, 2020 Listed by Realty Connect USA L I Inc $299,999
Listed by Realty Connect USA L I Inc
Nov 1, 1994 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • 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: 10,019
  • 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: MIRAMAR BEACH
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: MIRAMAR BEACH 1 793 250 TO 254

Neighborhood

  • School District Name: South Country Central School District
  • School Tax School District: SOUTH COUNTRY
  • Census Tract: 159203

Geography

  • Assessors Map Reference: MAP 3300793
  • Account Number: 00003310020
  • District: 0200-9
  • Section: 982.00
  • Parcel: 0200-982.80-04.00-012.000
  • Block: 8004
  • Lot: 12.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.7538
  • Longitude: -72.9675

    Address

  • Full Address: 116 Miramar Ave
  • Address - House Number: 116
  • Address - Street Name: Miramar
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: East Patchogue
  • Carrier Code: C035
  • 4-Digit Zip Code: 6137
  • Zip Code: 11772

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472204

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 372,351
  • High Value: 458,537
  • Low Value: 286,164

    Market Valuation

  • Market Total Value: $3,148
  • Market Land Value: $370
  • Market Improvement Value: $2,778

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,700
  • Assessed Land Value: $200
  • Assessed Improvements Value: $1,500

    Sales

  • Current Sale Contract Date: Apr 12, 2021
  • Current Sale Recording Date: May 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 01, 1994
  • Previous Sale Contract Date: Oct 24, 1994
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: 40
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 East Patchogue

Stats & Trends

Median Asking:

$619,990

Sale Price/ft²

$377

Below Asking

0.01%

Average Days on Market

78

Average Home Size

1733 ft²

Average Home Age

59 years

Currently For Sale

28 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 544 Meade Avenue, Bellport, NY, 11713

$3,200 /mo

  • 3 Beds
  • 1 Bath
  • 884 ft²
544 Meade Avenue, Bellport, NY, 11713 Listing by Jaime Van Dyke

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 116 Miramar Avenue built and last sold?
The property at 116 Miramar Avenue was built in 1925 and last sold on Apr 12, 2021 for $300,000.
How much is this home worth?
The estimated value of the home located at 116 Miramar Avenue is $0.
What are some comparable homes to 116 Miramar Avenue?
There are currently no comparable homes to 116 Miramar Avenue.
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