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North Patchogue 11772 North Patchogue
486 Old North Ocean Avenue
Photo of 486 Old North Ocean Avenue
Sold on Dec 21, 2022

19

Map

Photo of 486 Old North Ocean Avenue
Photo of 486 Old North Ocean Avenue
$385,000
● House - Off Market

486 Old North Ocean Avenue

Brookhaven, NY 11772
bedrooms
4 Beds
bathrooms
1 Bath
$412,685
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Charming Expanded Cape, featuring 4 bedrooms one on main floor, LR/DR, EIK, full bathroom, full unfinished basement with washer/dryer, 4 car driveway., Additional information: Appearance:Good,Interior Features:Lr/Dr
Unit Size
-
Days on Market
-
Land Size
0.30 acres
Price per sqft
-
Property Type
House
Property Taxes
$581
HOA Dues
-
Year Built
1944

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 2 years ago (OneKey MLS #KEYL3437556)

Price History

Date / Event Date Event Price
Feb 17, 2023 Sold
Premium
Sold
Dec 23, 2022 Price Increased $389,000
↑ $4K (1%)
Price Increased
Dec 21, 2022 Sold
Premium
Sold
Nov 18, 2022 Price Increased $389,000
↑ $39K (11.1%)
Price Increased
Nov 2, 2022 In contract -
In contract
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1944
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 2
  • 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: 13,068
  • Total Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLANDS OF PATCHOGUE
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: HIGHLANDS OF PAT 530 B6 1 TO 5 INC

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 2900530
  • Account Number: 00002942090
  • District: 0200-9
  • Section: 953.00
  • Parcel: 0200-953.00-02.00-029.000
  • Block: 2
  • Lot: 29.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.7808
  • Longitude: -73.0185

    Address

  • Full Address: 486 Old North Ocean Ave
  • Address - House Number: 486
  • Address - Street Name: Old North Ocean
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Patchogue
  • Carrier Code: C021
  • 4-Digit Zip Code: 2475
  • Zip Code: 11772

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472224

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 345,439
  • High Value: 395,275
  • Low Value: 295,603

    Market Valuation

  • Market Total Value: $2,963
  • Market Land Value: $370
  • Market Improvement Value: $2,593

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,600
  • Assessed Land Value: $200
  • Assessed Improvements Value: $1,400

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 20, 2022
  • Current Sale Recording Date: Feb 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 22, 2009
  • Previous Sale Contract Date: Mar 27, 2009
  • Previous 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:

$525,000

Sale Price/ft²

$354

Below Asking

0.01%

Average Days on Market

90

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

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OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 486 Old North Ocean Avenue built and last sold?
The property at 486 Old North Ocean Avenue was built in 1944 and last sold on Dec 20, 2022 for $385,000.
How much is this home worth?
The estimated value of the home located at 486 Old North Ocean Avenue is $0.
What are some comparable homes to 486 Old North Ocean Avenue?
There are currently no comparable homes to 486 Old North Ocean Avenue.
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