269 Cedar 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 |
|---|---|---|---|
| Jul 16, 2024 | Sold | ||
| Sold | |||
| Jun 1, 2024 | In contract | - | |
| In contract | |||
| May 15, 2024 | Listed by Douglas Elliman Real Estate | $579,990 | |
| Listed by Douglas Elliman Real Estate | |||
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Welcome To Your Dream Home On The South Shore Of Patchogue Village! This Expanded Cape Boasts The Perfect Blend Of Charm With 3 Bedrooms, 2.5 Bathrooms, A Cozy Den, Which Can Also Be A 4Th Bedroom, Luxury Vinyl Plank Flooring Installed Throughout The Home. The Great Room Can Also Accommodate A Combo Of Dining Room For Easy Entertaining. The Eat In Kitchen For Gourmet Prepping Also Has Easy Access To The Laundry Room, Office, 1 Car Attached Garage With Partial Conversion. The Primary Bedroom Upstairs Is Complete With A Full Bathroom And Walk-In Closet. Two Additional Bedrooms And Full Bathroom upstairs. Come Onto The Inviting Deck, Perfect For Hosting Gatherings Or Enjoying A Quiet Morning Coffee. Located Just A Stone's Throw Away From Restaurants , Ferry to Fire Island, The Great South Bay, Shopping And Main Street. This Home Offers The Ideal Combination Of Serenity And Accessibility. Don't Miss Out On This Opportunity To Make This House Your Forever Home!
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About Patchogue
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017