31 Fairharbor Drive #31
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 |
|---|---|---|---|
| Aug 4, 2022 | Sold | ||
| Sold | |||
| Jun 1, 2022 | In contract | - | |
| In contract | |||
| May 20, 2022 | Listed by Keller Williams Points North | $239,000 | |
| Listed by Keller Williams Points North | |||
| |||
|
Welcome home to the waterfront community of Fair Harbor! MOVE right IN to This lovely upper floor corner unit with an open floor plan with many modern touches, hardwood floors, balcony and lots of closet space. The ONLY unit with a mini-split a/c unit making it LITERALLY the coolest apartment in the complex! Only building with LAUNDRY room in lower level! mailboxes just outside door! PEACEFUL & Quiet AREA, GATED & PET friendly complex w/room to store your kayaks & bikes! Picnic & BBQ area. Minutes away from downtown Patchogue! Common Charges incl: Taxes,water,heat & gas! $730 w/STAR and 60% tax deductible! Hurry up----and enjoy your summer here!, Additional information: Appearance:MOVE IN
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/20/2022
|
1 Bed
|
1 Bath
|
-
|
$239,000
1 Bed
1 Bath
|
$249,000
+4.18%
08/04/2022
|
Barry J. Paley CBR
Keller Williams Points North
| |
|
10/11/2013
| |
1 Bed
|
1 Bath
|
-
|
$92,000
1 Bed
1 Bath
|
$86,000
-6.52%
04/04/2014
|
Bryan Cronin
Signature Premier Properties
|
Building Info
About Patchogue
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017