159 Fairharbor Drive #159
About This Property
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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 |
|---|---|---|---|
| Oct 27, 2025 | Sold | ||
| Sold | |||
| Aug 20, 2025 | In contract | - | |
| In contract | |||
| Aug 2, 2025 | Listed by Exit Realty Achieve | $267,000 | |
| Listed by Exit Realty Achieve | |||
   | |||
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Welcome to 159 Fairharbor Drive in the Highly Desired Gated Waterfront Community of Fairharbor in Patchogue. This Beautiful Upper Level Co-op Features a Spacious Open Concept Living Room and Dining Area Leading to Your Own Private Balcony Where You Can Enjoy Warm Weather Days Taking in the Sunrise and Sunsets. Also Featured are the Updated Kitchen, a Large Primary Bedroom with Ample Room for a King Size Bed along with a Walk-In Closet with Built-Ins and Two Additional Double Closets. and the Sizeable Full Bathroom. Special Highlights include Refinished Oak Hardwood Floors, Chair Rails and Base Moldings and Recently Installed Recessed Overhead Lighting, Ceiling Fan and Updated Electrical (2023) .and Additional Closet Space Throughout which is Enhanced with Closet Organizers to Maximize Storage. . This Waterfront Community also offers a Picnic and BBQ Area Situated Along the Dockside Canal Leading to the Great South Bay. Docking is Available for Residents at an Additional Fee. Paddle Board, Kayak, and Bicycle Storage are Also Available—and the Community is Pet-Friendly! A Must-See!
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| Dec 7, 2021 | Sold | ||
| Sold | |||
| Jul 23, 2021 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/02/2025
|
1 Bed
|
1 Bath
|
700 ft²
|
$267,000
1 Bed
1 Bath
700 ft²
|
$280,000
+4.87%
10/27/2025
|
Laura Kraker ABR SRS
Exit Realty Achieve
| |
|
06/10/2021
|
1 Bed
|
1 Bath
|
-
|
$205,000
1 Bed
1 Bath
|
$217,500
+6.10%
12/07/2021
|
Debra Levine CBR
Daniel Gale Sothebys Intl Rlty
| |
|
07/07/2014
| |
1 Bed
|
1 Bath
|
-
|
$99,750
1 Bed
1 Bath
|
$95,500
-4.26%
01/20/2015
|
Raymond Powers
Signature Premier Properties
|
Building Info
About Patchogue
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Data Source: OneKey MLS
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