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East Patchogue 11772 East Patchogue
7 Bay Road
Photo of 7 Bay Road
Sold on Nov 3, 2022

36

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Photo of 7 Bay Road
Photo of 7 Bay Road
$1,159,000
● House - Off Market

7 Bay Road

Brookhaven, NY 11772
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,250 Ft²
$1,223,094
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Location, Location, Location Best Describes This 10-Room Waterfront Colonial.  A Perfect Place To Call Home. Relax On The Deck & Take In The Panoramic Views Of The Great South Bay Or Take A Dip In The Refreshing Semi-Inground Pool.  This Home Offers Plenty Of Space For Entertaining Both Inside & Out.  Formal Living Room Features a Fireplace, & The Formal Dining Room Is Perfect For Hosting Guests. The Large Updated Eat-in Kitchen Has Granite Tops, Ample Cabinets & Counter Space. Cozy Oversize Family Room Is Ideal For Gatherings With Friends & Loved Ones. 1st Floor Bedroom (With The Potential To Be Used As A Mother-In-Law Suite) & Laundry Area. Upstairs, The Master Bedroom Has An Ensuite Bath And Large Closet. There Is Also A Home Office Space, Two Additional Spacious Secondary Bedrooms, And A Second Family Room With Glass Doors Leading To A Large Balcony With Southern Exposure, Water Views. Enjoy Amazing Sunrises And Even More spectacular Sunsets, This Home Is Truly A Piece Of Paradise., Additional information: Appearance:MINT++
Unit Size
3,250 Ft²
Days on Market
91 days
Land Size
0.60 acres
Price per sqft
$357
Property Type
House
Property Taxes
$1,720
HOA Dues
-
Year Built
1954

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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 years ago (OneKey MLS #KEYL3420237)

Price History

Date / Event Date Event Price
Nov 3, 2022 Sold
Premium
Sold
Sep 9, 2022 In contract -
In contract
Aug 1, 2022 Listed by Exit Home Key Realty $1,159,000
Listed by Exit Home Key Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 2
  • 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: 26,136
  • Total Building Area: 3,256
  • Building Area: 3,256
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 3,256
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAST PATCHOGUE
  • Land Acres: 0000000600
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N BAY RD T5024 E MCGIFF & ANO S G S B W MARIELLA

Neighborhood

  • School District Name: South Country Central School District
  • School Tax School District: SOUTH COUNTRY
  • Census Tract: 159203

Geography

  • Assessors Map Reference: MAP 8800000
  • Account Number: 00008814069
  • District: 0200-9
  • Section: 984.00
  • Parcel: 0200-984.10-06.00-022.000
  • Block: 1006
  • Lot: 22.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.7436
  • Longitude: -72.9573

    Address

  • Full Address: 7 Bay Rd
  • Address - House Number: 7
  • Address - Street Name: Bay
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: East Patchogue
  • Carrier Code: C038
  • 4-Digit Zip Code: 6201
  • Zip Code: 11772

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472204

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 1,119,666
  • High Value: 1,281,198
  • Low Value: 958,135

    Market Valuation

  • Market Total Value: $10,241
  • Market Land Value: $1,667
  • Market Improvement Value: $8,574

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,530
  • Assessed Land Value: $900
  • Assessed Improvements Value: $4,630

    Exemptions

  • Homeowner Exemption: Yes
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:

$629,989

Sale Price/ft²

$376

Below Asking

0.01%

Average Days on Market

84

Average Home Size

1894 ft²

Average Home Age

61.6 years

Currently For Sale

31 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 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 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 7 Bay Road built and last sold?
The property at 7 Bay Road was built in 1954 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7 Bay Road is $1,170,590.
What are some comparable homes to 7 Bay Road?
There are currently no comparable homes to 7 Bay Road.
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