164 N Prospect Avenue
About This Property
Four bedrooms and hardwood floors throughout exudes timeless appeal. The heart of the home is the bright eat in kitchen which offers a seamless view of your private outdoor oasis. Relax by the fireplace in the living room as the bright sunshine floods through the oversized windows.
Weather your relaxing by the pool or entertaining guests in this tranquil setting-its your private retreat. Just minutes from local parks and fishing on West Lake. Dine in the village of Patchogue and catch a ferry to Fire Islands playground.
Make the Democratic Hill gem home for your family. Taxes $8827.56 plus $2146.45 village
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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
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 6, 2025 | Sold | ||
| Sold | |||
| Jun 27, 2025 | In contract | - | |
| In contract | |||
| Jun 12, 2025 | Price Decreased |
$529,000
↓ $20K
(3.6%) | |
| Price Decreased | |||
| May 14, 2025 | Listed by Signature Premier Properties | $549,000 | |
| Listed by Signature Premier Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017