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East Patchogue 11772 East Patchogue
499 Grove Avenue
Photo of 499 Grove Avenue
Sold on Jun 30, 2026

19

Map

Photo of 499 Grove Avenue
Photo of 499 Grove Avenue
$400,000
● Land - Off Market

499 Grove Avenue

Brookhaven, NY 11772
bedrooms
Studio
bathrooms
0 Bath
$2,581
Est. Monthly

About This Property

Build your coastal masterpiece on this rare, unique parcel overlooking the Great South Bay. Nestled between the vibrant energy of Patchogue Village and the historic charm of Bellport Village, this property offers the ultimate South Shore lifestyle. Imagine waking up to sweeping bay views and ending every day with world-class sunsets from your own backyard. With direct water access for boating, canoeing and kayaking, you are just minutes from the Fire Island Ferries, local marinas, and the renowned dining and theater scene of downtown Patchogue. This lot is ready for your vision; bring your plans and start living the waterfront dream. Call today for more details!
Unit Size
-
Days on Market
120 days
Land Size
0.39 acres
Price per sqft
-
Property Type
Land
Property Taxes
$126
HOA Dues
-
Year Built
1961

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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 months ago (OneKey MLS #KEY965767)

Price History

Date / Event Date Event Price
Jun 30, 2026 Sold
Premium
Sold
Jun 3, 2026 In contract -
In contract
Mar 2, 2026 Listed by Douglas Elliman Real Estate $499,990
Listed by Douglas Elliman Real Estate
Apr 18, 1997 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,988
  • Total Building Area: 1,580
  • Building Area: 1,580

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: PATCHOGUE (A TO L)
  • Land Acres: 0000000390
  • Standard Land Use Code: 8001
  • County Land Use Code: 311
  • Legal Description 1: N THEUNE SEC 20 E RAGUSO 85X198 S PERRY-ANO W GROVE AVE

Neighborhood

  • School District Name: Patchogue-Medford Union Free School District
  • School Tax School District: PATCHOGUE-MEDFO
  • Census Tract: 159201

Geography

  • Assessors Map Reference: MAP 8300000
  • Account Number: 00008305015
  • District: 0200-9
  • Section: 983.00
  • Parcel: 0200-983.80-01.00-020.000
  • Block: 8001
  • Lot: 20.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.748
  • Longitude: -73.0011

    Address

  • Full Address: 499 Grove Ave
  • Address - House Number: 499
  • Address - Street Name: Grove
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Patchogue
  • Carrier Code: C017
  • 4-Digit Zip Code: 4141
  • Zip Code: 11772

Valuation

    Tax

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

    Market Valuation

  • Market Total Value: $630
  • Market Land Value: $630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $340
  • Assessed Land Value: $340

    Sales

  • Current Sale Contract Date: Apr 10, 1997
  • Current Sale Recording Date: Apr 18, 1997
  • Current Sale Price:
    Premium
  • Current 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:

$607,450

Sale Price/ft²

$377

Below Asking

0.01%

Average Days on Market

77

Average Home Size

1857 ft²

Average Home Age

52.7 years

Currently For Sale

26 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 250 River Avenue, Patchogue, NY, 11772

$2,415 /mo

  • 1 Bed
  • 1 Bath
  • 805 ft²
250 River Avenue #149, Patchogue, NY, 11772 Listing by Michelle Holmes
Unit for rent at 234 River Avenue, Patchogue, NY, 11772

$2,390 /mo

  • 1 Bed
  • 1 Bath
  • 720 ft²
234 River Avenue #31, Patchogue, NY, 11772 Listing by Michelle Holmes
Unit for rent at 16 Roosevelt Boulevard, East Patchogue, NY, 11772

$6,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,200 ft²
16 Roosevelt Boulevard, East Patchogue, NY, 11772 Listing by Tanya Negron CBR GREEN RENE PSA E-

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 499 Grove Avenue built and last sold?
The property at 499 Grove Avenue was built in 1961 and last sold on Apr 10, 1997 for $135,000.
How much is this home worth?
The estimated value of the home located at 499 Grove Avenue is $504,990.
What are some comparable homes to 499 Grove Avenue?
There are currently no comparable homes to 499 Grove Avenue.
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