25 Hill Street
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 |
|---|---|---|---|
| Oct 2, 2024 | Sold | ||
| Sold | |||
| Jul 10, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2024 | Listed by RE/MAX Integrity Leaders | $500,000 | |
| Listed by RE/MAX Integrity Leaders | |||
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Take advantage of this fantastic opportunity to own a home in the vibrant Patchogue Village! This diamond in the rough is waiting for your personal touch to transform it into your dream home. Featuring 5 spacious bedrooms and 2 full bathrooms, there is plenty of room for family, guests, or a home office. The full basement offers both interior and outside separate entrance (OSE, Bilco doors), perfect for storage, a workshop, or potential additional living space. The roof was replaced in 2010, providing peace of mind for years to come. Enjoy the financial relief with property taxes under $10,000 per year and rest easy knowing no flood insurance is required, as this property is located outside of flood zones. This property offers the perfect balance of tranquility and convenience. Don't miss out on this unique opportunity to create your ideal living space in a thriving community!
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Property Highlights
Building Info
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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