85 Jayne Avenue
About This Property
Patchogue Village Taxes 2026 $2,058.89
Garbage $610.00
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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%.
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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.
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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 |
|---|---|---|---|
| Oct 23, 2026 | Price Decreased |
$649,000
↓ $50K
(7.2%) | |
| Price Decreased | |||
| Oct 13, 2026 | Listed by BH&G R E Realty Connect | $699,000 | |
| Listed by BH&G R E Realty Connect | |||
| Aug 20, 2025 | Sold | ||
| Sold | |||
| Jun 20, 2025 | In contract | - | |
| In contract | |||
| Jun 4, 2025 | Listed by RE/MAX Integrity Leaders | $399,000 | |
| Listed by RE/MAX Integrity Leaders | |||
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Investor Opportunity in the Heart of Patchogue Village! **Do Not Walk The Property Without An Appointment** Cash/Renovation Loan Only. Welcome to 85 Jayne Avenue, a charming Victorian-style home nestled on a spacious .32-acre lot in the highly sought-after Village of Patchogue! Brimming with character and endless potential, this investor special is perfect for those looking to restore and reimagine a classic beauty. Major improvements include a new roof, windows, and siding (2020/2021), a 200-amp electrical panel upgrade (2022), new oil tank (2022), driveway (2020), and cesspool replacement (2010) with a precast pool and new line. Featuring 4 bedrooms and 2 full baths, this home offers a generous layout with great bones! A detached 2-car garage adds additional value and utility. This is your chance to own a piece of Patchogue history with proximity to all the Village has to offer — vibrant Main Street, waterfront dining, parks, and the LIRR. Unlock the potential at 85 Jayne Ave — a true diamond in the rough!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017