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Patchogue 11772 Patchogue
29 S Summit Avenue
$330,000
● House - Off Market

29 S Summit Avenue

Brookhaven, NY 11772
bedrooms
3 Beds
bathrooms
1 Bath
$476,604
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Clean Well Maintained Move In Ready 3 Bdrm Ranch. Convenient To New Village Restaurants, Theater And Shopping. Newer Roof , Siding , Pvc Fence. Permits In Place For Above Ground Pool. 200 Amp Updated Electric. Stainless Steel Appliances. Wood Floors Throughout. Full Finished Basement.  Gas Heat. Low Taxes.
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
House
Property Taxes
$726
HOA Dues
-
Year Built
1955

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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 #KEYL3015572)

Price History

Date / Event Date Event Price
Jul 13, 2018 Sold
Premium
Sold
Mar 28, 2018 Listed by Belzak & Bodkin Realty Corp $315,000
Listed by Belzak & Bodkin Realty Corp
Apr 10, 2003 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 10,454
  • Total Building Area: 1,074
  • Building Area: 1,074
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,074
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WIGGINS MILTON G
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: MILTON G WIGGINS 256 S 25 FT OF 12 N 37 1 HALF FT 13

Neighborhood

  • School District Name: Patchogue-Medford Union Free School District
  • School Tax School District: PATCHOGUE-MEDFO
  • Census Tract: 158902

Geography

  • Assessors Map Reference: MAP 3100256
  • Account Number: 00003154770
  • District: 0204-0
  • Section: 12.00
  • Parcel: 0204-012.00-05.00-032.000
  • Block: 5
  • Lot: 32.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.7599
  • Longitude: -73.0282

    Address

  • Full Address: 29 S Summit Ave
  • Address - House Number: 29
  • Street Direction: S
  • Address - Street Name: Summit
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Patchogue
  • Carrier Code: C005
  • 4-Digit Zip Code: 3210
  • Zip Code: 11772

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $720,805
  • Tax Rate Code Area: 472224

    Appraisal Valuation

  • Standard Deviation: 0.2785
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 60
  • Final Value: 540,803
  • High Value: 691,430
  • Low Value: 390,176

    Market Valuation

  • Market Total Value: $54,861
  • Market Land Value: $10,417
  • Market Improvement Value: $44,444

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,975
  • Assessed Land Value: $375
  • Assessed Improvements Value: $1,600

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 25, 2003
  • Current Sale Recording Date: Apr 10, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
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:

$565,000

Sale Price/ft²

$376

Below Asking

0.01%

Average Days on Market

84

Average Home Size

1598 ft²

Average Home Age

80.6 years

Currently For Sale

32 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

Rentals Near You

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OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 29 South Summit Avenue built and last sold?
The property at 29 South Summit Avenue was built in 1955 and last sold on Mar 25, 2003 for $240,000.
How much is this home worth?
The estimated value of the home located at 29 South Summit Avenue is $318,150.
What are some comparable homes to 29 South Summit Avenue?
There are currently no comparable homes to 29 South Summit Avenue.
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