80 Newman Street
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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 |
|---|---|---|---|
| Nov 5, 2024 | Sold | ||
| Sold | |||
| Aug 30, 2024 | In contract | - | |
| In contract | |||
| Aug 6, 2024 | Listed by Realty Connect USA L I Inc | $499,000 | |
| Listed by Realty Connect USA L I Inc | |||
| | |||
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Finally a home that is way affordable and check off all your boxes! Welcome home to 80 Newman where cesspool & double driveway are brand new and whole house has upgraded electric! Completely move in ready home that will come with no headache but a pride of home-ownership! Featuring spacious bedrooms, a full bathroom with open concept kitchen and living room! No need to remove load bearing walls yourself to clean up all the dust for weeks from construction debris! Most importantly, this beautiful ranch comes with a full basement that has outside entrance! There are 2 Egress windows already in this semi finished basement! Ready for a 2 bedrooms apartment like set up downstairs! Hardwood floors and high hats throughout. Fully fenced in yard with PVC fences! PATCHOGUE MEDFORD SCHOOLS! This one will go with blink of an eye! Hurry in!
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| Sep 7, 2022 | Sold | ||
| Sold | |||
| Sep 17, 2023 | Back on market | - | |
| Back on market | |||
Property Highlights
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About North Patchogue
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$2,895 /mo
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- 1 Bath
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$3,100 /mo
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- 1 Bath
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017