36 Lorring Street
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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 |
|---|---|---|---|
| Jul 17, 2024 | Sold | ||
| Sold | |||
| Jun 2, 2024 | In contract | - | |
| In contract | |||
| May 13, 2024 | Listed by Cornerstone Properties of LI | $489,000 | |
| Listed by Cornerstone Properties of LI | |||
| | |||
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Move Right Into This 2Brm 1 Bath Home With Many Updates That Sits On A Double Lot. Enjoy The Open Floor Plan Of The Sun Filled Kitchen With Granite Countertops And Stainless Steel Appliances. Engineered Wood Flooring Flows Right Into The Dining Area, Livingroom, And 2nd Brm. Main Brm With Large Closet Has Possibilities For Expansion Into Office/Flex Room. Updated Tiled Bathroom Has A Bath Tub With Sliding Glass Doors. Laundry Made Easy By Being Located On The Main Floor. Attic Stairs Bring You Right Up To Plenty Of Extra Storage Space. Even More Storage Space In The Basement With Updated Heat System And Electrical Panel. Walk Out Onto The Private Deck Into The Oversized Backyard Featuring IGS, A Shed With Electric, And An Attached 41 X Variable Lot. So Many Possibilities In This Well Maintained Home In Pat-Med School District With Low Taxes. Close To Patchogue's Main Street Entertainment With Shopping, And Resturants. Easy Access To Highways, Transportation, Beaches And Parks.
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| Nov 1, 2012 | Sold | ||
| Sold | |||
| Jun 2, 2012 | Listed by Cornerstone Properties of LI | $170,000 | |
| Listed by Cornerstone Properties of LI | |||
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About North Patchogue
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Data Source: OneKey MLS
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