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North Patchogue 11772 North Patchogue
371 N Ocean Avenue
Photo of 371 N Ocean Avenue
Sold on Oct 8, 2025

10

Map

Photo of 371 N Ocean Avenue
Photo of 371 N Ocean Avenue
$500,000
● House - Off Market

371 N Ocean Avenue

Brookhaven, NY 11772
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,531 Ft²
$2,958
Est. Monthly
21.28%
Cap Rate

About This Property

This 4bedroom, 2 bath single family home presents an exceptioanl opportunity in Patchogue. Situated on a large .35 acre lot with prominant visibiity, this residence built in 1950 features a full basement and attached garage. This property boasts a great floorplanwith spacious rooms and hardwood floors. Bring your vision to realize this homes full potential. Excellent location with easy access to amenities. This is a chance to acquire a valuable asset and customize it to your taste.
Unit Size
1,531 Ft²
Days on Market
44 days
Land Size
0.34 acres
Price per sqft
$293
Property Type
House
Property Taxes
$753
HOA Dues
-
Year Built
1952

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 12 months ago (OneKey MLS #KEY905051)

Price History

Date / Event Date Event Price
Oct 8, 2025 Sold
Premium
Sold
Sep 9, 2025 In contract -
In contract
Aug 25, 2025 Listed by Signature Premier Properties $449,000
Listed by Signature Premier Properties
Jun 21, 1999 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • 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: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • 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: 14,810
  • Total Building Area: 1,531
  • Building Area: 1,531
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,531
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PATCHOGUE (M TO Z)
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N TAPIA E POLK S BYRNES W N OCEAN AV T500

Neighborhood

  • School District Name: Patchogue-Medford Union Free School District
  • School Tax School District: PATCHOGUE-MEDFO
  • Census Tract: 158806

Geography

  • Assessors Map Reference: MAP 8400000
  • Account Number: 00008401800
  • District: 0200-9
  • Section: 973.00
  • Parcel: 0200-973.20-04.00-004.000
  • Block: 2004
  • Lot: 4.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.7772
  • Longitude: -73.0153

    Address

  • Full Address: 371 N Ocean Ave
  • Address - House Number: 371
  • Street Direction: N
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Patchogue
  • Carrier Code: C024
  • 4-Digit Zip Code: 2014
  • 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: 579,264
  • High Value: 735,210
  • Low Value: 423,319

    Market Valuation

  • Market Total Value: $4,444
  • Market Land Value: $833
  • Market Improvement Value: $3,611

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,400
  • Assessed Land Value: $450
  • Assessed Improvements Value: $1,950

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 04, 1999
  • Current Sale Recording Date: Jun 21, 1999
  • 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 North Patchogue

Stats & Trends

Median Asking:

$522,500

Sale Price/ft²

$354

Below Asking

0.01%

Average Days on Market

88

Average Home Size

1355 ft²

Average Home Age

64.8 years

Currently For Sale

16 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

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 12 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 371 North Ocean Avenue built and last sold?
The property at 371 North Ocean Avenue was built in 1952 and last sold on Jun 4, 1999 for $119,000.
How much is this home worth?
The estimated value of the home located at 371 North Ocean Avenue is $0.
What are some comparable homes to 371 North Ocean Avenue?
There are currently no comparable homes to 371 North Ocean Avenue.
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