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Patchogue 11772 Patchogue
275 S Ocean Avenue
Photo of 275 S Ocean Avenue
Sold on Apr 16, 2025

35

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Photo of 275 S Ocean Avenue
Photo of 275 S Ocean Avenue
$675,000
● House - Off Market

275 S Ocean Avenue

Brookhaven, NY 11772
bedrooms
5 Beds
bathrooms
3 Baths
$4,388
Est. Monthly
19.35%
Cap Rate

About This Property

Full Renovated historical Colonial. Original-Restored Staircase, Mahogany Wood Burning Fireplace, French Doors To Sun Room-Den, Formal Dining, Hardwood Floors. Modern Updated Kitchen And Baths. Full finished basement w/ 2 rooms, bath and a seperate entrance. New Roof, Siding, and Windows. Classified Residential, Professional, Office. Oversized Garage With Office, Fenced Yard, Deck. Located in the heart of patchogue village. Walking distance to Patchogue Village. 2M2L!, Additional information: Appearance:Mint,Interior Features:Guest Quarters,Lr/Dr,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
188 days
Land Size
0.35 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,053
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 6 months ago (OneKey MLS #KEYL3584288)

Price History

Date / Event Date Event Price
Apr 16, 2025 Sold
Premium
Sold
Jan 20, 2025 In contract -
In contract
Dec 4, 2024 Price Decreased $679,000
↓ $20K (2.9%)
Price Decreased
Oct 10, 2024 Listed by D B Austin Realty Inc $699,000
Listed by D B Austin Realty Inc
Dec 28, 2023 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 250
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 2,400
  • Building Area: 2,400
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 2,400
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PATCHOGUE (M TO Z)
  • Land Acres: 0000000350
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N CARMAN ST E COOPER SEC 24 S LAMOTHE 77X203 W S OCEAN AVE

Neighborhood

  • School District Name: Patchogue-Medford Union Free School District
  • School Tax School District: PATCHOGUE-MEDFO
  • Census Tract: 159000

Geography

  • Assessors Map Reference: MAP 8400000
  • Account Number: 00008419476
  • District: 0204-0
  • Section: 13.00
  • Parcel: 0204-013.00-11.00-029.000
  • Block: 11
  • Lot: 29.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.7596
  • Longitude: -73.0121

    Address

  • Full Address: 275 S Ocean Ave
  • Address - House Number: 275
  • Street Direction: S
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Patchogue
  • Carrier Code: C025
  • 4-Digit Zip Code: 3711
  • Zip Code: 11772

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $949,626
  • Tax Rate Code Area: 472224

    Appraisal Valuation

  • Standard Deviation: 0.2759
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 60
  • Final Value: 665,743
  • High Value: 849,433
  • Low Value: 482,052

    Market Valuation

  • Market Total Value: $75,834
  • Market Land Value: $41,667
  • Market Improvement Value: $34,167

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,730
  • Assessed Land Value: $1,500
  • Assessed Improvements Value: $1,230

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 02, 2023
  • Current Sale Recording Date: Dec 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 20, 1997
  • Previous Sale Contract Date: Aug 07, 1997
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Patchogue

Stats & Trends

Median Asking:

$559,999

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

79

Average Home Size

1702 ft²

Average Home Age

77.6 years

Currently For Sale

39 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 275 South Ocean Avenue built and last sold?
The property at 275 South Ocean Avenue was built in 1940 and last sold on Nov 2, 2023 for $393,700.
How much is this home worth?
The estimated value of the home located at 275 South Ocean Avenue is $0.
What are some comparable homes to 275 South Ocean Avenue?
There are currently no comparable homes to 275 South Ocean Avenue.
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