472 Bay Avenue
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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%.
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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 |
|---|---|---|---|
| May 7, 2025 | Sold | ||
| Sold | |||
| Mar 21, 2025 | In contract | - | |
| In contract | |||
| Mar 12, 2025 | Price Decreased |
$699,999
↓ $49K
(6.5%) | |
| Price Decreased | |||
| Feb 7, 2025 | Listed by Douglas Elliman Real Estate | $749,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Welcome to 472 Bay Ave in Patchogue! A stunning example of a fully renovated Colonial home nestled close to the water. This newly renovated home boasts 4 B/R's 3 Full Baths,EIK,Formal L/R,D/R, Home office area.Beautiful hardwood floors throughout adding a touch of elegance to every room. The Kitchen is Spectacular and Spacious with Stone Counters,SS appliances and Center Island. The Primary B/R features vaulted ceilings with lots of windows and natural light. You will find extensive water views to be enjoyed from the comfort of your bed or from the attached deck. One Car Garage, New Driveway.. Located in the vibrant village of Patchogue, this home is surrounded by a host of local amenities. Whether you enjoy outdoor activities, dining, shopping, or cultural events, there's something for everyone in this welcoming neighborhood. The village has recently completed a multi-year renovation of all of village parks including the addition of two new parks. Check out the Village of Patchougue website. Taxes are a total of the Village and Brookhaven,
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| Sep 20, 2024 | Sold | ||
| Sold | |||
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About Patchogue
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017