73C River Avenue
About This Property
Featuring modern updates throughout, this move-in ready home offers a clean, refreshed interior with a comfortable and functional layout-ideal for first-time buyers or those looking to downsize.
Located in the heart of Patchogue, you'll be part of a vibrant and growing community known for its lively downtown, great restaurants, local shops, and waterfront attractions. With ongoing development and rising demand, Patchogue continues to be one of Long Island's most desirable and up-and-coming areas.
Don't miss your chance to own in a fantastic neighborhood with strong future upside-this one won't last!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 2, 2026 | Sold | ||
| Sold | |||
| Jul 10, 2026 | In contract | - | |
| In contract | |||
| Jun 20, 2026 | Listed by Legacy Capital Realty LLC | $369,000 | |
| Listed by Legacy Capital Realty LLC | |||
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A true 2-bedroom, 1-bathroom, 1 car garage plus exceptionally large backyard — perfect opportunity for those looking to downsize or starter home. Priced to sell. Bright open living/dining. Low taxes with gas and public sewer. Enjoy the relaxing private backyard, minutes from Main Street Patchogue, the LIRR, and the ferries. At this price houses go fast — don't miss it!
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| Jun 6, 2026 | In contract | - | |
| In contract | |||
| Apr 9, 2026 | Relisted | $399,000 | |
| Relisted | |||
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About Patchogue
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Data Source: OneKey MLS
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