$491,000
●
Condo -
Off Market
505 Emily Drive #505
Patchogue, NY 11772
2 Beds
3 Baths,
1
Half Bath
$459,365
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
Beautiful Victorian model townhouse in the highly sought-after Bay
Village with an unbeatable location; just steps from the Patchogue
Bay, a bustling Main Street, Shorefront Park, and the ferries to
fire island. First floor features a formal dining room wrapped in
wainscoting, a living room with a gas fireplace, an eat in kitchen
with granite countertops and stainless-steel appliances, and a
powder room. Second floor features a primary bedroom with
vaulted ceilings, en suite bathroom, walk-in closet, balcony, and a
loft perfect for a home office. An additional second floor
bedroom features an en suite bath and a reading nook. Laundry
room is conveniently located between both bedrooms on the second
floor. Come enjoy all Patchogue Village has to offer!
Unit Size
-
Days on Market
-
Land Size
0.02 acres
Price per sqft
-
Property Type
Condo
Property Taxes
$776
HOA Dues
$366
Year Built
-
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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 years ago (OneKey MLS #3379141)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 21, 2022 | Sold | ||
| Sold | |||
| Mar 9, 2022 | In contract | - | |
| In contract | |||
| Feb 28, 2022 | Listed by Charles Rutenberg Realty Inc | $449,000 | |
| Listed by Charles Rutenberg Realty Inc | |||
Property Highlights
Air Conditioning
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, 1 Car Attached, Private
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Cathedral Ceiling(s), Eat-in Kitchen, Formal Dining Room, Granite Counters, Master Bath, Walk-In Closet(s)
Appliances: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
Flooring Type: Hardwood
Attic Description: None
Rooms: 10
Has Fireplace
Fireplaces: 1
Basement: None
Exterior Details
Has Property Attached
Square Footage: 1707
Square Footage Source: $0
Green Sustainability
Property Condition: Diamond
Year Built Source: Estimated
Levels: Two
Building Area Units: Square Feet
Construction Materials: Frame, Vinyl Siding
Patio and Porch Features: Porch
Lot Features: Near Public Transit
Lot Size Area: 0.02
Lot Size Acres: 0.02
Water Source: Public
Financial Details
Tax Map Number: 0204-019-10-01-00-030-000
Included In Taxes: Sewer, Trash
Tax Annual Amount: $9,317
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Sewer
Location Details
HOA Fee: $366
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/28/2022
|
2 Bed
|
3 Bath
|
-
|
$449,000
2 Bed
3 Bath
|
$491,000
+9.35%
07/21/2022
|
Kent Markgraf
Charles Rutenberg Realty Inc
|
Building Info
About Patchogue
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Last Updated: 4 years ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017