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Patchogue 11772 Patchogue
85 Laurel Street
$445,000
● House - Off Market

85 Laurel Street

Brookhaven, NY 11772
bedrooms
2 Beds
bathrooms
1 Bath
$3,328
Est. Monthly

About This Property

Close to the LIRR, Stones throw to downtown Patchogue!! GAS IS ON THE STREET FOR EASY CONVERSION. Sewer project is active in this area.  Adorable and cozy 2/3 bedroom ranch. Office room can be used as a bedroom. Eat in kitchen. Living room with a beautiful stonework wall. All new flooring, new windows, new burner.  Entire house has been insulated.  Driveway with a carport leading to detached large1car garage with room for storage.  Rear Deck perfect for entertaining. Small front porch.  This home does not require flood insurance.  TAXES have not be grieved., Additional information: Appearance:Mint+,Interior Features:Lr/Dr
Unit Size
-
Days on Market
191 days
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$996
HOA Dues
-
Year Built
1950

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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: 4 months ago (OneKey MLS #KEYL3483057)

Price History

Date / Event Date Event Price
Feb 2, 2024 Sold
Premium
Sold
Dec 14, 2023 Sold
Premium
Sold
Oct 19, 2023 In contract -
In contract
Sep 16, 2023 Price Increased $475,000
↑ $75K (18.8%)
Price Increased
Sep 16, 2023 Relisted $399,999
Relisted
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 6,970
  • Total Building Area: 880
  • Building Area: 880
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 880
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GILBERT KATE L AMENDED
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: MRS KATE L GILBERT AMD 222 B2 1

Neighborhood

  • School District Name: Patchogue-Medford Union Free School District
  • School Tax School District: PATCHOGUE-MEDFO
  • Census Tract: 159000

Geography

  • Assessors Map Reference: MAP 2900222
  • Account Number: 00002929550
  • District: 0204-0
  • Section: 16.00
  • Parcel: 0204-016.00-07.00-011.000
  • Block: 7
  • Lot: 11.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.7555
  • Longitude: -73.015

    Address

  • Full Address: 85 Laurel St
  • Address - House Number: 85
  • Address - Street Name: Laurel
  • Address - Suffix Type: St
  • State: NY
  • City Name: Patchogue
  • Carrier Code: C019
  • 4-Digit Zip Code: 3552
  • Zip Code: 11772

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $969,992
  • Tax Rate Code Area: 472224

    Appraisal Valuation

  • Standard Deviation: 0.1472
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 82
  • Final Value: 276,428
  • High Value: 317,140
  • Low Value: 235,717

    Market Valuation

  • Market Total Value: $69,444
  • Market Land Value: $11,111
  • Market Improvement Value: $58,333

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,500
  • Assessed Land Value: $400
  • Assessed Improvements Value: $2,100

    Sales

  • Current Sale Contract Date: Dec 14, 2023
  • Current Sale Recording Date: Feb 02, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 14, 2023
  • Previous Sale Contract Date: Apr 06, 2023
  • Previous Sale Amount: $272,000
  • Previous Sale Document Type: 27
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:

$567,500

Sale Price/ft²

$379

Above Asking

0.00%

Average Days on Market

84

Average Home Size

1551 ft²

Average Home Age

78.5 years

Currently For Sale

34 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

Unit for rent at 250 River Avenue, Patchogue, NY, 11772

$2,415 /mo

  • 1 Bed
  • 1 Bath
  • 805 ft²
250 River Avenue #149, Patchogue, NY, 11772 Listing by Michelle Holmes
Unit for rent at 76 Mount Vernon Avenue, Patchogue, NY, 11772

$2,440 /mo

  • 1 Bed
  • 1 Bath
  • 850 ft²
76 Mount Vernon Avenue #C16, Patchogue, NY, 11772 Listing by Michelle Holmes
Unit for rent at 234 River Avenue, Patchogue, NY, 11772

$2,935 /mo

  • 2 Beds
  • 1 Bath
  • 890 ft²
234 River Avenue #77, Patchogue, NY, 11772 Listing by Michelle Holmes

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 85 Laurel Street built and last sold?
The property at 85 Laurel Street was built in 1950 and last sold on Dec 14, 2023 for $455,000.
How much is this home worth?
The estimated value of the home located at 85 Laurel Street is $479,750.
What are some comparable homes to 85 Laurel Street?
There are currently no comparable homes to 85 Laurel Street.
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