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71 Barton Avenue
About This Property
The thoughtfully designed layout offers multiple living areas and includes an additional living space with the proper permits, making it ideal for extended living arrangements, guests, a home office, or other flexible uses. The home is connected to natural gas and public sewer, adding efficiency and convenience.
Step outside to your own backyard retreat featuring an in-ground swimming pool and plenty of outdoor space for entertaining, relaxing, gardening, or enjoying seasonal gatherings.
Ideally located, this home offers convenient access to major highways, Sunrise Highway, the Long Island Expressway, Patchogue Village, shopping centers, restaurants, parks, libraries, beaches, public transportation, the LIRR, and other everyday amenities. Its central location makes commuting and daily errands a breeze while providing easy access to all that the Patchogue area has to offer.
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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.
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About East Patchogue
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017