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East Patchogue 11772 East Patchogue
7 Lester Avenue
$325,000
● House - Off Market

7 Lester Avenue

Brookhaven, NY 11772
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
$499,683
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

Great Center Hall Ranch Offers 4 Bedrooms, 1.5 Updated Baths '98, Living Room, Formal Dining Room , Family Room W Fpl. Updated Kitchen Cabinets '98 And Appliances , Updated Windows,Updated Gas Heat System And Cac In 2013, Roof 15-20 Yrs. This Spacious Home With Large Rooms Is Set On .35 Acres In In A Development Setting And Offers A One Car Garage In The Patchogue Medford School District., Additional information: Appearance:Excellent,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.35 acres
Price per sqft
-
Property Type
House
Property Taxes
$965
HOA Dues
-
Year Built
1970

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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 #KEYL3052416)

Price History

Date / Event Date Event Price
Oct 16, 2018 Sold
Premium
Sold
Jul 28, 2018 Listed by Douglas Elliman Real Estate $329,900
Listed by Douglas Elliman Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 15,246
  • Total Building Area: 2,003
  • Building Area: 2,003
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 2,003
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RICHMOND ESTATES
  • Land Acres: 0000000350
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: RICHMOND ESTATES 4759 SEC 4 72

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 3004759
  • Account Number: 00003041740
  • District: 0200-8
  • Section: 894.00
  • Parcel: 0200-894.00-04.00-024.000
  • Block: 4
  • Lot: 24.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.7919
  • Longitude: -73

    Address

  • Full Address: 7 Lester Ave
  • Address - House Number: 7
  • Address - Street Name: Lester
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Patchogue
  • Carrier Code: C016
  • 4-Digit Zip Code: 1413
  • Zip Code: 11772

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2701
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 45
  • Final Value: 343,850
  • High Value: 436,749
  • Low Value: 250,950

    Market Valuation

  • Market Total Value: $5,537
  • Market Land Value: $556
  • Market Improvement Value: $4,981

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,990
  • Assessed Land Value: $300
  • Assessed Improvements Value: $2,690

    Sales

  • Current Sale Contract Date: Oct 16, 2018
  • Current Sale Recording Date: Nov 20, 2018
  • Current Sale Document Type: 55
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 78 Mount Vernon Avenue, Patchogue, NY, 11772

$3,240 /mo

  • 2 Beds
  • 1 Bath
  • 995 ft²
78 Mount Vernon Avenue #H01, Patchogue, NY, 11772 Listing by Michelle Holmes
Unit for rent at 91 Circle Drive, Central Islip, NY, 11722

$3,385 /mo

  • 2 Beds
  • 2 Baths
  • 1,134 ft²
91 Circle Drive #91108, Central Islip, NY, 11722 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 7 Lester Avenue built and last sold?
The property at 7 Lester Avenue was built in 1970 and last sold on Oct 16, 2018 for $0.
How much is this home worth?
The estimated value of the home located at 7 Lester Avenue is $0.
What are some comparable homes to 7 Lester Avenue?
There are currently no comparable homes to 7 Lester Avenue.
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