35 Thorburn Avenue
About This Property
Inside, you'll find a bright and inviting layout featuring gleaming hardwood floors, vaulted ceiling, recessed lighting, and abundant natural light throughout. The spacious dining area flows seamlessly into the updated kitchen, complete with, stainless steel appliances, and modern finishes ideal for everyday living and entertaining.
The split-level design offers comfortable separation of space, while the bedrooms provide a cozy retreat. Step outside to enjoy the oversized property with a fenced backyard perfect for relaxing, entertaining, or gardening.
Whether you're looking for your first home, downsizing, or simply wanting to enjoy the Patchogue lifestyle near parks, waterfront recreation, and the thriving village scene, this move-in-ready home is an exceptional opportunity.
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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.
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About Patchogue
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017