94 Laurel Street
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 |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Sep 17, 2025 | In contract | - | |
| In contract | |||
| Sep 1, 2025 | Listed by Compass Greater NY LLC | $499,990 | |
| Listed by Compass Greater NY LLC | |||
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Why rent when you can own?! This 2 bedroom/1 bathroom home is a perfect for a first time home buyer in the desirable Village of Patchogue! Featuring stainless steel appliances, central air conditioning, crown molding throughout the house, hardwood floor in the living room and bedrooms, gorgeous bathroom with subway tile and radiant heat in the porcelain tile floor, recessed lighting and upgraded 150 amp electric. There is plenty of space for storage in the full unfinished basement and 1 car garage with laundry. Step outside into your private yard with deck and shed as well as a 3 zone in ground sprinkler system. There is new plumbing and a new water main to street and sewers were just added by the Village less than a year ago. Taxes are $8,600 including village taxes but excluding the Basic Star exemption. Flood Zone X - no flood insurance required. This home is perfectly situated south of Main Street and is located walking distance to the ferry/marinas, the LIRR and the busting Main Street of Patchogue Village.
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| Sep 30, 2020 | Sold | ||
| Sold | |||
| Jul 2, 2020 | In contract | - | |
| In contract | |||
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About Patchogue
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017