183 River Avenue
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 15, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2024 | In contract | - | |
| In contract | |||
| Feb 12, 2024 | Price Decreased |
$599,000
↓ $30K
(4.8%) | |
| Price Decreased | |||
| Jan 10, 2024 | Listed by Realty Connect USA L I Inc | $629,000 | |
| Listed by Realty Connect USA L I Inc | |||
| | |||
|
Your lucky day! This home is BACK AND FULLY AVAILABLE! MOTIVATED SELLER WHO JUST APPROVED THE BIG PRICE DROP!Welcome home! LOCATION LOCATION LOCATION! If you like being just minutes away from all the happenings in Patchogue, you couldn't have asked for a better lot! The home has been expanded and fully renovated with legal permits from town! Larger than most similar style homes in the area and comes with a detached garage! YET IT IS THE CHEAPEST ONE RIGHT NOW ON THE MARKET COMPARED TO OTHERS! NO FLOOD INSURANCE REQUIRED! Features 4 spacious bedrooms, 2 brand new bathrooms, beautiful brand new kitchen with Quartz countertops and stainless steel appliances! Brand new roof, brand new sidings and brand new heating system! Do nothing but unpack and enjoy Patchogue! Patchogue-Medford schools! You won't find a better deal than this! Come and see for yourself!
| |||
| Sep 11, 2023 | Sold | ||
| Sold | |||
Property Highlights
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Price/ft²
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Sold On
About Patchogue
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017