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East Patchogue 11772 East Patchogue
29 Patricia Lane
$565,000
● House - Off Market

29 Patricia Lane

Brookhaven, NY 11772
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,068 Ft²
$3,566
Est. Monthly
6.66%
Cap Rate

About This Property

Discover a fantastic investment opportunity with this charming 3-bedroom, 2-bath hi-ranch located in Patchogue-Medford School District. The home sits on a large .46 acre lot at the end of a cul-de-sac. Come see the potential and all this home has to offer!
Unit Size
2,068 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$244
Property Type
House
Property Taxes
$1,086
HOA Dues
-
Year Built
1966

Payment Calculator

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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: 4 months ago (OneKey MLS #KEYL3586465)

Price History

Date / Event Date Event Price
Jan 22, 2025 Sold
Premium
Sold
Oct 21, 2024 Listed by Realty Connect USA LI $505,000
Listed by Realty Connect USA LI

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Total Rooms: 6
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 2,068
  • Building Area: 2,068
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,068
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RICHMOND ESTATES
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: RICHMOND ESTATES 4593 SEC 1 13

Neighborhood

  • School District Name: Patchogue-Medford Union Free School District
  • School Tax School District: PATCHOGUE-MEDFO
  • Census Tract: 159111

Geography

  • Assessors Map Reference: MAP 3004593
  • Account Number: 00003038110
  • District: 0200-8
  • Section: 895.00
  • Parcel: 0200-895.00-02.00-012.000
  • Block: 2
  • Lot: 12.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.7931
  • Longitude: -72.9973

    Address

  • Full Address: 29 Patricia Ln
  • Address - House Number: 29
  • Address - Street Name: Patricia
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Patchogue
  • Carrier Code: C016
  • 4-Digit Zip Code: 1426
  • Zip Code: 11772

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472224

    Appraisal Valuation

  • Standard Deviation: 0.2692
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 614,228
  • High Value: 779,587
  • Low Value: 448,870

    Market Valuation

  • Market Total Value: $5,352
  • Market Land Value: $648
  • Market Improvement Value: $4,704

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,890
  • Assessed Land Value: $350
  • Assessed Improvements Value: $2,540

    Exemptions

  • Homeowner Exemption: Yes
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 East Patchogue

Stats & Trends

Median Asking:

$614,900

Sale Price/ft²

$377

Below Asking

0.01%

Average Days on Market

77

Average Home Size

1799 ft²

Average Home Age

53.8 years

Currently For Sale

25 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

Unit for rent at 88 Matsunaye Drive, Medford, NY, 11763

$3,795 /mo

  • 3 Beds
  • 1 Bath
  • 1,133 ft²
88 Matsunaye Drive, Medford, NY, 11763 Listing by Susan G. Owen

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 29 Patricia Lane built and last sold?
The property at 29 Patricia Lane was built in 1966 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 29 Patricia Lane is $0.
What are some comparable homes to 29 Patricia Lane?
There are currently no comparable homes to 29 Patricia Lane.
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