8 Laura Avenue
About This Property
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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 |
|---|---|---|---|
| Jun 13, 2024 | Sold | ||
| Sold | |||
| May 17, 2024 | In contract | - | |
| In contract | |||
| Apr 22, 2024 | Listed by Signature Premier Properties | $399,900 | |
| Listed by Signature Premier Properties | |||
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Welcome to 8 Laura Avenue, nestled in the desirable Patchogue Shores community. Step inside this lovely abode to discover a charming 2-bedroom, 1-full bath ranch. The spacious living room beckons you in, providing an inviting space to relax, while the generously sized bedrooms offer ample room for rest. Galley type cooking area with cozy separate eating area, as well as a formal dining room for larger gatherings. Nestled within the picturesque Patchogue Shores community, residents enjoy beach privileges. Embrace the coastal lifestyle you've always dreamed of, with sandy shores just moments away. Propane heats the home as well as the hot water and dryer. Dues for the Patchogue Shores community are $695.06.
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About East Patchogue
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017