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North Patchogue 11772 North Patchogue
87 Lorring Street
Photo of 87 Lorring Street
Sold on Apr 21, 2025

16

Map

Photo of 87 Lorring Street
Photo of 87 Lorring Street
$525,000
● House - Off Market

87 Lorring Street

Brookhaven, NY 11772
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,169 Ft²
$3,003
Est. Monthly
8.03%
Cap Rate

About This Property

This fully updated 3 Bedrooms 2 Full Bath Ranch home is move-in ready with a fresh, modern feel. The kitchen has all-new white cabinets  and stainless steel appliances, along with marble-look floors and backsplash with Quart Countertop. Both bathrooms have been completely redone with marble-style tiles and beautiful fixtures for a clean, stylish look. Outside, there's a private paver patio, plus new siding and a new roof. The home also has brand-new central air. Everything is newly updated and ready to go!, Additional information: Appearance:Diamond,Interior Features:Lr/Dr,Separate Hotwater Heater:Yes
Unit Size
1,169 Ft²
Days on Market
173 days
Land Size
0.09 acres
Price per sqft
$427
Property Type
House
Property Taxes
$552
HOA Dues
-
Year Built
1940

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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 #KEYL3588437)

Price History

Date / Event Date Event Price
Apr 21, 2025 Sold
Premium
Sold
Mar 18, 2025 In contract -
In contract
Dec 18, 2024 Price Decreased $499,000
↓ $26K (4.9%)
Price Decreased
Dec 4, 2024 Price Decreased $524,500
↓ $5K (0.9%)
Price Decreased
Oct 30, 2024 Listed by Douglas Elliman Real Estate $529,000
Listed by Douglas Elliman Real Estate
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Total Building Area: 1,230
  • Building Area: 1,230
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,230
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLANDS OF PATCHOGUE
  • Land Acres: 0000000090
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: HIGHLANDS OF PAT 530 60X79IRR B11 E PT 13&15&17 PT 14&16&18

Neighborhood

  • School District Name: Patchogue-Medford Union Free School District
  • School Tax School District: PATCHOGUE-MEDFO
  • Census Tract: 158805

Geography

  • Assessors Map Reference: MAP 2900530
  • Account Number: 00002942512
  • District: 0200-9
  • Section: 952.00
  • Parcel: 0200-952.00-06.00-020.002
  • Block: 6
  • Lot: 20.002
  • Municipality: BROOKHAVEN
  • Latitude: 40.7824
  • Longitude: -73.0225

    Address

  • Full Address: 87 Lorring St
  • Address - House Number: 87
  • Address - Street Name: Lorring
  • Address - Suffix Type: St
  • State: NY
  • City Name: Patchogue
  • Carrier Code: C015
  • 4-Digit Zip Code: 8600
  • Zip Code: 11772

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472224

    Appraisal Valuation

  • Standard Deviation: 0.2692
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 515,463
  • High Value: 654,233
  • Low Value: 376,694

    Market Valuation

  • Market Total Value: $2,639
  • Market Land Value: $278
  • Market Improvement Value: $2,361

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,425
  • Assessed Land Value: $150
  • Assessed Improvements Value: $1,275

    Sales

  • Current Sale Contract Date: Oct 07, 2019
  • Current Sale Recording Date: Nov 07, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 64
  • Previous Sale Recording Date: Nov 22, 2005
  • Previous Sale Contract Date: Oct 05, 2005
  • Previous Sale Amount: $285,000
  • 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 North Patchogue

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$353

Below Asking

0.01%

Average Days on Market

90

Average Home Size

1408 ft²

Average Home Age

65.4 years

Currently For Sale

18 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 7 Park Avenue, Patchogue, NY, 11772

$3,600 /mo

  • 3 Beds
  • 1 Bath
  • 1,284 ft²
7 Park Avenue, Patchogue, NY, 11772 Listing by Minh Thu Vu Thai

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 87 Lorring Street built and last sold?
The property at 87 Lorring Street was built in 1940 and last sold on Oct 7, 2019 for $247,800.
How much is this home worth?
The estimated value of the home located at 87 Lorring Street is $499,347.
What are some comparable homes to 87 Lorring Street?
There are currently no comparable homes to 87 Lorring Street.
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