142 Fairharbor Drive #142
About This Property
Inside, you'll find hardwood floors, a updated kitchen and bath, with natural light throughout. The layout is efficient yet open, perfect for comfortable living and entertaining. The unit includes air conditioning for warm summer days.
One of the standout features is the location: this unit sits just steps from the dock, offering easy access to the waterfront. The building is part of a gated community offering amenities such as a waterfront BBQ area, kayak & bike racks, and outdoor spaces to soak in views of the bay. Boats allowed if their are openings,
Positioned near Patchogue's lively Main Street, you'll have quick access to local dining, shopping, and entertainment while still enjoying the quiet of a bayside retreat. The co-op offers a harmonious blend of coastal living and convenience.
Schools assigned include River Elementary, South Ocean Middle, and Patchogue-Medford High School. Maintenance includes cable, gas, heat, hot water, snow removal and sewer. Board approval is required as is 10% down and a min 700 credit score.
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Cap Rate Calculator
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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/23/2025
|
1 Bed
|
1 Bath
|
500 ft²
|
$225,000
1 Bed
1 Bath
500 ft²
|
$220,000
-2.22%
02/24/2026
|
Robert Stumpo
RE/MAX Eastern Properties
| |
|
08/06/2021
|
1 Bed
|
1 Bath
|
-
|
$195,000
1 Bed
1 Bath
|
$190,000
-2.56%
11/29/2021
|
Bernadette Rodriguez
Douglas Elliman Real Estate
| |
|
03/14/2016
| |
1 Bed
|
1 Bath
|
-
|
$95,500
1 Bed
1 Bath
|
$88,000
-7.85%
06/17/2016
|
Barbara K. Dourdounas CBR
Century 21 American Homes
|
Building Info
About Patchogue
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017