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Patchogue 11772 Patchogue
49 Furman Lane
$410,000
● House - Off Market

49 Furman Lane

Brookhaven, NY 11772
bedrooms
4 Beds
bathrooms
2 Baths
$581,259
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Stunning Renovated Colonial With Classic Charm In The Heart Of Patchogue Village. Featuring Brand New Custom Eat In Kitchen With Quartz Countertops, Stainless Steel Appliances, Wine Fridge, And Center Island. 4 Bedrooms And 2 Full Baths With Wood Floors Throughout. New CAC And Forced Hot Air System And In Ground Sprinklers. All This Located On A Quiet Street Blocks From The Water. Flood Zone X (No Flood Insurance Required), Additional information: Appearance:Diamond,Business Located At:,Rental Income:,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.26 acres
Price per sqft
-
Property Type
House
Property Taxes
$994
HOA Dues
-
Year Built
1930

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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: 4 months ago (OneKey MLS #KEYL3197950)

Price History

Date / Event Date Event Price
Oct 26, 2020 Sold
Premium
Sold
Sep 15, 2020 Sold
Premium
Sold
Mar 9, 2020 No longer available -
No longer available
Feb 7, 2020 In contract -
In contract
Dec 11, 2019 Listed by Douglas Elliman Real Estate $429,990
Listed by Douglas Elliman Real Estate
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 1,688
  • Building Area: 1,688
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,688
  • 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: 0000000260
  • Standard Land Use Code: 1022
  • County Land Use Code: 215
  • Legal Description 1: N GILES & ANO E MRH SYLVAN FMLY S KALINYAK W FURMAN LA S26

Neighborhood

  • School District Name: Patchogue-Medford Union Free School District
  • School Tax School District: PATCHOGUE-MEDFO
  • Census Tract: 159000

Geography

  • Assessors Map Reference: MAP 8400000
  • Account Number: 00008413030
  • District: 0204-0
  • Section: 19.00
  • Parcel: 0204-019.00-08.00-032.000
  • Block: 8
  • Lot: 32.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.7505
  • Longitude: -73.0117

    Address

  • Full Address: 49 Furman Ln
  • Address - House Number: 49
  • Address - Street Name: Furman
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Patchogue
  • Carrier Code: C019
  • 4-Digit Zip Code: 3652
  • Zip Code: 11772

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $916,216
  • Tax Rate Code Area: 472224

    Appraisal Valuation

  • Standard Deviation: 0.2703
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 595,271
  • High Value: 756,208
  • Low Value: 434,334

    Market Valuation

  • Market Total Value: $63,889
  • Market Land Value: $11,111
  • Market Improvement Value: $52,778

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,300
  • Assessed Land Value: $400
  • Assessed Improvements Value: $1,900

    Sales

  • Current Sale Contract Date: Sep 11, 2020
  • Current Sale Recording Date: Oct 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 19, 2019
  • Previous Sale Contract Date: May 03, 2019
  • Previous Sale Amount: $222,000
  • Previous Sale Document Type: 64
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 Patchogue

Stats & Trends

Median Asking:

$567,500

Sale Price/ft²

$379

Above Asking

0.00%

Average Days on Market

84

Average Home Size

1551 ft²

Average Home Age

78.5 years

Currently For Sale

34 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

Unit for rent at 116 Waverly Avenue, Patchogue, NY, 11772

$2,895 /mo

  • 1 Bed
  • 1 Bath
  • 730 ft²
116 Waverly Avenue #8, Patchogue, NY, 11772 Listing by Marie Sottile HFR
Unit for rent at 34 Union Avenue, Patchogue, NY, 11772

$3,100 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
34 Union Avenue, Patchogue, NY, 11772 Listing by Jason Romaniello
Unit for rent at 80 Division Street, Patchogue, NY, 11772

$2,800 /mo

  • 1 Bed
  • 1 Bath
  • 860 ft²
80 Division Street #1C, Patchogue, NY, 11772 Listing by Tina A. Korahais

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 49 Furman Lane built and last sold?
The property at 49 Furman Lane was built in 1930 and last sold on Sep 11, 2020 for $435,000.
How much is this home worth?
The estimated value of the home located at 49 Furman Lane is $403,990.
What are some comparable homes to 49 Furman Lane?
There are currently no comparable homes to 49 Furman Lane.
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