249 Fairharbor Drive #249
About This Property
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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 |
|---|---|---|---|
| Aug 8, 2026 | In contract | - | |
| In contract | |||
| Jun 17, 2026 | Listed by Meridian Commercial Mgmt Inc | $335,000 | |
| Listed by Meridian Commercial Mgmt Inc | |||
| |||
|
Enjoy affordable waterfront living in this beautifully maintained second-floor co-op located in the desirable Fairharbor on the Water community.
Welcome to 249 Fairharbor Drive, Patchogue! This meticulously maintained 2-bedroom, 1-bath home offers comfortable and stylish living with beautiful hardwood floors throughout, ceiling fans, and window air conditioners. Move-in ready and thoughtfully cared for, this inviting residence combines comfort, convenience, and a wonderful waterfront lifestyle.
The open-concept floor plan seamlessly connects the living room, dining area, and kitchen, creating a bright and welcoming space that's perfect for entertaining guests or enjoying everyday living. The open kitchen offers excellent flow and functionality while keeping you connected to family and friends.
The home features two generously sized bedrooms with abundant closet space, providing plenty of room for storage and comfortable living. The spacious layout offers flexibility for guests, a home office, or simply room to spread out and enjoy.
Located within a gated, pet-friendly waterfront community, residents enjoy a unique lifestyle with the property bordering a scenic canal. Boat slips are available for an additional fee, making this an ideal opportunity for boating enthusiasts. Community amenities include convenient on-site laundry facility, bicycle racks, paddle board/kayak racks, and a waterfront BBQ and picnic area perfect for relaxing and gathering with neighbors and friends.
Ideally situated close to the Long Island Rail Road (LIRR), this home offers easy access for commuters while being just minutes from the vibrant, revitalized Village of Patchogue. Enjoy an array of popular restaurants, boutique shopping, entertainment venues, and nearby beaches, all contributing to the exceptional lifestyle this location provides.
Don't miss this opportunity to own a well-cared-for home in one of Patchogue's most charming waterfront communities, offering low-maintenance living, outstanding amenities, and easy access to everything the South Shore has to offer.
| |||
| Nov 1, 2016 | Sold | ||
| Sold | |||
| Apr 6, 2016 | Listed by Douglas Elliman Real Estate | $159,990 | |
| Listed by Douglas Elliman Real Estate | |||
| Oct 3, 2014 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/17/2026
|
2 Bed
|
1 Bath
|
1150 ft²
|
$335,000
2 Bed
1 Bath
1150 ft²
|
-
-
|
Catherine Holownia
Meridian Commercial Mgmt Inc
| |
|
04/06/2016
|
2 Bed
|
1 Bath
|
-
|
$159,990
2 Bed
1 Bath
|
$155,000
-3.12%
11/01/2016
|
Lina Lopes
Douglas Elliman Real Estate
| |
|
03/10/2014
|
2 Bed
|
1 Bath
|
-
|
$149,900
2 Bed
1 Bath
|
$140,000
-6.60%
10/03/2014
|
Lorraine Pacifico CBR
LAFFEY REAL ESTATE
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017