475 Old North Ocean Avenue
About This Property
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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 |
|---|---|---|---|
| May 13, 2025 | Sold | ||
| Sold | |||
| Apr 3, 2025 | In contract | - | |
| In contract | |||
| Mar 16, 2025 | Listed by Madison Real Estate Svcs LLC | $579,000 | |
| Listed by Madison Real Estate Svcs LLC | |||
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Move right in! This beautiful ranch is much bigger than it appears from the outside. It has a gorgeous open floor plan upon entering the great room with vaulted ceilings as well as three spacious bedrooms and two full bathrooms. Numerous updates have been made including the 2 year old heating system, 4 year old central air system, siding, roof and cesspool, vinyl siding and 200 AMP electric. Outdoor features include a cozy porch in front as well as the wooden deck out back with an outdoor television and hot tub, a cozy patio off of the kitchen and the fully fenced, spacious backyard as well as ample outdoor lighting around home.
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| Aug 10, 2016 | Sold | ||
| Sold | |||
| Jun 14, 2016 | Sold | ||
| Sold | |||
Property Highlights
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About North Patchogue
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$2,895 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017