33
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121 Hagerman Avenue
About This Property
Welcome to this 2,600 sqft home full of character, space, and opportunity-located just minutes from vibrant Patchogue Village and close to the waterfront, offering the best of Long Island living!
The first floor boasts a bright eat-in kitchen, a cozy living room with a fireplace, and two bonus rooms-perfect for a home office, guest suite, or creative space. One bonus room even includes a private half bath, plus there's a full bathroom on the main level for added functionality. Upstairs, enjoy four spacious bedrooms, two full bathrooms, and the convenience of second-floor laundry with washer and dryer included.
A full basement with both interior and exterior access offers great potential for storage, a gym, or future finished space. You'll also appreciate the attached garage for added convenience. Outside, the property features a large front lawn, back deck, and above-ground pool-a perfect setup for summer entertaining or relaxing in your own private outdoor oasis.
This home does need a little TLC, but with solid bones and an unbeatable location near restaurants, shops, marinas, and beaches, it's a fantastic opportunity to make it your own!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017