38 Vernon 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 |
|---|---|---|---|
| Apr 7, 2025 | Sold | ||
| Sold | |||
| Jan 30, 2025 | In contract | - | |
| In contract | |||
| Jan 5, 2025 | Listed by Northshore Properties Realty | $469,000 | |
| Listed by Northshore Properties Realty | |||
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Welcome to 38 Vernon Street, This Craftsman Style Home Is Bursting With Charm! Featuring an Updated Kitchen With Stainless Steel Appliances, Quartz Counter Tops and Marble Tile Backsplash, Updated Bathroom, Separate Entry Foyer, Oak Hardwood Floors Throughout, Full Basement With Laundry, Gas Heat And One Car Detached Garage all set upon a large lot with Mature Landscaping, concrete Patio with brick border and Fully Fenced Backyard. Perfectly Situated Just Minutes From Downtown Patchogue Where You Will Find Restaurants, Shops And Nightlife! Feel Like A Concert? Head Over To Shorefront Park For Music, Sports, Play Ground And Much More! Patchogue-Medford Schools And Low Taxes Make This The Perfect Place To Call Home!
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| Sep 30, 2015 | Sold | ||
| Sold | |||
| Dec 19, 2014 | Listed by Douglas Elliman Real Estate | $229,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017