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Patchogue 11772 Patchogue
8 Lake Court
$480,000
● House - Off Market

8 Lake Court

Patchogue, NY 11772
bedrooms
4 Beds
bathrooms
2 Baths
$542,054
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Cozy 4 BR, 2 Bath Cape Cod in the Village of Patchogue on a quiet dead end street, Enclosed sunroom, Living rom, Eat in Kitchen, 200 Amp electric, 1st Floor Master BR, Full Finished Basement, Updated Kitchen w/Granite Countertops, 2 Car Detached Garage, Fenced Yard, Water View to Great Patchogue Lake, Walk to Village Shops, Close to LIRR & South Shore Ferry....Location, Location, Location!
Unit Size
-
Days on Market
116 days
Land Size
0.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$812
HOA Dues
-
Year Built
1952

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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: 3 years ago (OneKey MLS #ONE3297156)

Price History

Date / Event Date Event Price
Aug 27, 2021 Sold
Premium
Sold
Jul 15, 2021 Sold
Premium
Sold
May 25, 2021 In contract -
In contract
Mar 21, 2021 Listed by LA Rosa Realty New York LLC $469,000
Listed by LA Rosa Realty New York LLC
Mar 19, 2002 Sold
Premium
Sold

Property Highlights

Garage
With View

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 150
  • 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: 6,534
  • Total Building Area: 1,402
  • Building Area: 1,402
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,402
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOS H HAWKINS JR
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: JOS H HAWKINS JR 175 50X130 8 E 30FT W 20 FT 9 10 & 11

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 2900175
  • Account Number: 00002935080
  • District: 0204-0
  • Section: 9.00
  • Parcel: 0204-009.00-01.00-003.000
  • Block: 1
  • Lot: 3.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.7686
  • Longitude: -73.0188

    Address

  • Full Address: 8 Lake Ct
  • Address - House Number: 8
  • Address - Street Name: Lake
  • Address - Suffix Type: Ct
  • State: NY
  • City Name: Patchogue
  • Carrier Code: C049
  • 4-Digit Zip Code: 2507
  • Zip Code: 11772

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $834,191
  • Tax Rate Code Area: 472224

    Appraisal Valuation

  • Standard Deviation: 0.2785
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 60
  • Final Value: 562,776
  • High Value: 719,523
  • Low Value: 406,029

    Market Valuation

  • Market Total Value: $59,723
  • Market Land Value: $5,556
  • Market Improvement Value: $54,167

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,150
  • Assessed Land Value: $200
  • Assessed Improvements Value: $1,950

    Sales

  • Current Sale Contract Date: Jul 15, 2021
  • Current Sale Recording Date: Aug 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 19, 2002
  • Previous Sale Contract Date: Feb 11, 2002
  • Previous Sale Amount: $127,200
  • 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:

$565,000

Sale Price/ft²

$379

Below Asking

0.01%

Average Days on Market

84

Average Home Size

1598 ft²

Average Home Age

80.6 years

Currently For Sale

32 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

Rentals Near You

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OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 8 Lake Court built and last sold?
The property at 8 Lake Court was built in 1952 and last sold on Jul 15, 2021 for $480,000.
How much is this home worth?
The estimated value of the home located at 8 Lake Court is $473,690.
What are some comparable homes to 8 Lake Court?
There are currently no comparable homes to 8 Lake Court.
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