216 Jayne 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 |
|---|---|---|---|
| Feb 3, 2026 | Sold | ||
| Sold | |||
| Nov 8, 2025 | In contract | - | |
| In contract | |||
| Oct 22, 2025 | Listed by Douglas Elliman Real Estate | $549,990 | |
| Listed by Douglas Elliman Real Estate | |||
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Just outside Patchogue Village, this 3-bedroom, 2.5-bathroom home offers comfort, convenience, and opportunity. The open living and dining area flows into a beautiful kitchen, with a screened-in porch for year-round enjoyment. A detached two-car garage, brand new roof, add value and peace of mind. Located minutes from Patchogue Village’s shops, dining, and waterfront, this property combines neighborhood living with accessibility. With solid updates already completed, this is the perfect chance to make it your own.
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| Oct 25, 2016 | Sold | ||
| Sold | |||
| Jan 6, 2016 | Listed by Douglas Elliman Real Estate | $299,900 | |
| Listed by Douglas Elliman Real Estate | |||
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About North Patchogue
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017