232 Carman Street
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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 |
|---|---|---|---|
| Sep 30, 2025 | Sold | ||
| Sold | |||
| Jul 18, 2025 | In contract | - | |
| In contract | |||
| Jun 20, 2025 | Listed by Realty Connect USA L I Inc | $549,999 | |
| Listed by Realty Connect USA L I Inc | |||
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Welcome to 232 Carman St, Patchogue, NY—a rare opportunity in a desirable Patchogue location, south of Montauk Highway! This 3-bedroom, 2.5-bathroom home with a detached 1-car garage offers the most bang for the buck in its price range, as it is an exceptional value, delivering both immediate comfort and long-term potential for all buyers in today’s market -
Move-in ready and tastefully updated, the home features an up-to-date eat-in kitchen renovated within the last five years, complete with new appliances and hardwood flooring throughout. The expansive first-floor primary suite is a standout, offering freshly refinished hardwood floors, a beautifully updated en-suite bathroom, and a spacious walk-in closet.
Additional highlights include central air conditioning, gas heating for efficiency, a brand-new septic system, first-floor laundry, and a full basement providing storage or expansion potential. Whether you're looking for a turnkey home or a property with solid bones to support future customization or renovation, 232 Carman St offers versatility to suit a wide range of buyers.
Centrally located near Patchogue’s vibrant Main Street, waterfront parks, and Fire Island ferries, this home truly represents one of the best values in the area. Don’t miss your chance—homes offering this much for the price don’t last long!
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| Mar 23, 2016 | Sold | ||
| Sold | |||
| Feb 8, 2016 | Sold | ||
| Sold | |||
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About East Patchogue
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017