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East Patchogue 11772 East Patchogue
493 Washington Avenue
$495,000
● House - Off Market

493 Washington Avenue

Brookhaven, NY 11772
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,300 Ft²
$528,246
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Seller consetion mode on! Beautiful Colonial, full renovated, New kitchen, New Bathrooms, doors, floors, basement and much more! Excellent location, Large Livingroom, EIK w dining area, 2 full baths, All 3 bedrooms are nice sized and a full Finished basement!  Taxes extremely LOW!! $5,600 w STAR Fenced, 2 sheds for extra storage, close to shopping, village, LIRR, schools and Major Roadways. Big back yard, Close to Bus, Close to Park, Close to Railroad, Near Public Transportation, Additional information: Appearance:New
Unit Size
2,300 Ft²
Days on Market
87 days
Land Size
0.15 acres
Price per sqft
$217
Property Type
House
Property Taxes
$579
HOA Dues
-
Year Built
1967

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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 #KEYL3440857)

Price History

Date / Event Date Event Price
Apr 17, 2023 Sold
Premium
Sold
Jan 31, 2023 Sold
Premium
Sold
Jan 5, 2023 In contract -
In contract
Dec 27, 2022 Price Increased $499,000
↑ $19K (4%)
Price Increased
Dec 21, 2022 Price Decreased $480,000
↓ $19K (3.8%)
Price Decreased
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 6,970
  • Total Building Area: 1,442
  • Building Area: 1,442
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,442
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SCHWENCKE O L
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: O L SCHWENCKE 17 277 PT 15 & 16 162 FT S BARTON 50X140

Neighborhood

  • School District Name: Patchogue-Medford Union Free School District
  • School Tax School District: PATCHOGUE-MEDFO
  • Census Tract: 159111

Geography

  • Assessors Map Reference: MAP 3100277
  • Account Number: 00003110840
  • District: 0200-9
  • Section: 924.00
  • Parcel: 0200-924.00-04.00-028.000
  • Block: 4
  • Lot: 28.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.787
  • Longitude: -73.0001

    Address

  • Full Address: 493 Washington Ave
  • Address - House Number: 493
  • Address - Street Name: Washington
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Patchogue
  • Carrier Code: C016
  • 4-Digit Zip Code: 1806
  • 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: 486,816
  • High Value: 557,047
  • Low Value: 416,584

    Market Valuation

  • Market Total Value: $3,333
  • Market Land Value: $185
  • Market Improvement Value: $3,148

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,800
  • Assessed Land Value: $100
  • Assessed Improvements Value: $1,700

    Sales

  • Current Sale Contract Date: Jan 31, 2023
  • Current Sale Recording Date: Apr 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 10, 2022
  • Previous Sale Contract Date: Aug 01, 2022
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: 27
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 East Patchogue

Stats & Trends

Median Asking:

$614,900

Sale Price/ft²

$377

Below Asking

0.01%

Average Days on Market

77

Average Home Size

1799 ft²

Average Home Age

53.8 years

Currently For Sale

25 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 315 Robinson Avenue, Patchogue, NY, 11772

$2,375 /mo

  • 1 Bed
  • 1 Bath
  • 708 ft²
315 Robinson Avenue #3154, Patchogue, NY, 11772 Listing by Michelle Holmes
Unit for rent at 317 Robinson Avenue, Patchogue, NY, 11772

$2,350 /mo

  • 1 Bed
  • 1 Bath
  • 708 ft²
317 Robinson Avenue #5, Patchogue, NY, 11772 Listing by Michelle Holmes
Unit for rent at 76 Mount Vernon Avenue, Patchogue, NY, 11772

$2,440 /mo

  • 1 Bed
  • 1 Bath
  • 850 ft²
76 Mount Vernon Avenue #C16, Patchogue, NY, 11772 Listing by Michelle Holmes

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 493 Washington Avenue built and last sold?
The property at 493 Washington Avenue was built in 1967 and last sold on Jan 31, 2023 for $495,000.
How much is this home worth?
The estimated value of the home located at 493 Washington Avenue is $503,990.
What are some comparable homes to 493 Washington Avenue?
There are currently no comparable homes to 493 Washington Avenue.
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