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Patchogue 11772 Patchogue
55 Jennings Avenue
$450,000
● House - Off Market

55 Jennings Avenue

Brookhaven, NY 11772
bedrooms
3 Beds
bathrooms
2 Baths
$463,309
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Beautiful 3 bed, 2 bath Patchogue Village Colonial with old world charm! Quiet street and still walking distance to happening main street patchogue restaurants and shops. Bright formal living room and dining room with hardwood floors and crown mouldings throughout. Full bath and laundry area on main level. Upstairs has 3 bedrooms and a newly renovated full bath. Walk up attic for additional storage or bonus room. Full unfinished basement with access from interior or bilco doors. New paver patio + new PVC fencing. Natural gas cooking + upgraded electric 200A.
Unit Size
-
Days on Market
66 days
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$921
HOA Dues
-
Year Built
1920

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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: 6 months ago (OneKey MLS #KEYL3361442)

Price History

Date / Event Date Event Price
Mar 22, 2022 Sold
Premium
Sold
Feb 3, 2022 Sold
Premium
Sold
Dec 6, 2021 In contract -
In contract
Nov 24, 2021 Listed by Migrate Realty LLC $440,000
Listed by Migrate Realty LLC
Oct 20, 2016 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • 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: 5,663
  • Total Building Area: 1,374
  • Building Area: 1,374
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,374
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PATCHOGUE (A TO L)
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N HAWKINS E HAWKINS S DAVISON W JENNINGS AVE

Neighborhood

  • School District Name: Patchogue-Medford Union Free School District
  • School Tax School District: PATCHOGUE-MEDFO
  • Census Tract: 158902

Geography

  • Assessors Map Reference: MAP 8300000
  • Account Number: 00008304070
  • District: 0204-0
  • Section: 9.00
  • Parcel: 0204-009.00-02.00-036.000
  • Block: 2
  • Lot: 36.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.769
  • Longitude: -73.0165

    Address

  • Full Address: 55 Jennings Ave
  • Address - House Number: 55
  • Address - Street Name: Jennings
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Patchogue
  • Carrier Code: C018
  • 4-Digit Zip Code: 2518
  • Zip Code: 11772

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $820,608
  • Tax Rate Code Area: 472224

    Appraisal Valuation

  • Standard Deviation: 0.2785
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 60
  • Final Value: 539,885
  • High Value: 690,256
  • Low Value: 389,513

    Market Valuation

  • Market Total Value: $65,278
  • Market Land Value: $16,667
  • Market Improvement Value: $48,611

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,350
  • Assessed Land Value: $600
  • Assessed Improvements Value: $1,750

    Sales

  • Current Sale Contract Date: Feb 03, 2022
  • Current Sale Recording Date: Mar 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 20, 2016
  • Previous Sale Contract Date: Oct 03, 2016
  • Previous Sale Amount: $315,000
  • 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 Patchogue

Stats & Trends

Median Asking:

$560,000

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

79

Average Home Size

1655 ft²

Average Home Age

81.2 years

Currently For Sale

35 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 234 River Avenue, Patchogue, NY, 11772

$2,315 /mo

  • 1 Bed
  • 1 Bath
  • 720 ft²
234 River Avenue #67, Patchogue, NY, 11772 Listing by Michelle Holmes
Unit for rent at 250 River Avenue, Patchogue, NY, 11772

$2,875 /mo

  • 2 Beds
  • 1 Bath
  • 890 ft²
250 River Avenue #144, Patchogue, NY, 11772 Listing by Michelle Holmes
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

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 55 Jennings Avenue built and last sold?
The property at 55 Jennings Avenue was built in 1920 and last sold on Feb 3, 2022 for $450,000.
How much is this home worth?
The estimated value of the home located at 55 Jennings Avenue is $444,400.
What are some comparable homes to 55 Jennings Avenue?
There are currently no comparable homes to 55 Jennings Avenue.
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