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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.
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 |
|---|---|---|---|
| Sep 25, 2025 | Sold | ||
| Sold | |||
| Aug 9, 2025 | In contract | - | |
| In contract | |||
| Jul 24, 2025 | Listed by Compass Greater NY LLC | $525,000 | |
| Listed by Compass Greater NY LLC | |||
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Charming Cape in the Heart of Patchogue!
Welcome to 160 Washington Avenue — a beautifully maintained 3-bedroom, 2-bath Cape offering comfort, character, and convenience. Nestled on a quiet block, this home features a partially finished basement and a detached garage, each with the potential to add a half bath, providing endless possibilities for future customization.
Inside, you'll find a cozy layout with bright, inviting spaces perfect for everyday living and entertaining. The spacious yard and detached garage offer additional room for hobbies, storage, or a creative workspace.
Conveniently located close to shopping, dining, parks, and Patchogue’s vibrant downtown, this home combines suburban charm with walkable village living.
Don’t miss this incredible opportunity to own a versatile and well-located home in one of Long Island’s most desirable communities!
| |||
| Nov 17, 2014 | Sold | ||
| Sold | |||
| Sep 3, 2014 | Listed by Belzak & Bodkin Realty Corp | $284,500 | |
| Listed by Belzak & Bodkin Realty Corp | |||
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About East Patchogue
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017