Seller's Agent in 2022
Stephen King
Realty Connect USA L I Inc
(631) 624-1159
30 in this area
185 Total Sales
264 S Ocean Ave Patchogue, NY 11772
Estimated Value: $729,000 - $1,212,756
6
Beds
4
Baths
--
Sq Ft
0.37
Acres
Highlights
- Rooftop Deck
- 5-minute walk to Patchogue Station
- Main Floor Bedroom
- 0.37 Acre Lot
- Wood Flooring
- Victorian Architecture
About This Home
As of August 2022INCREDIBLE INVESTMENT OPPORTUNITY, NOI $86K per year!!! This 3 family grand Victorian, pristinely located in the heart of Patchogue Village is a prime income property! COMPLETELY rebuilt in 2019 from top to bottom, inside and out makes this a maintenance free investment! With brand new double dipped cedar siding, single layer 35 year architectural roof, new decking, new electric, new plumbing, new heating, new appliances, new septic, new driveway & parking, new kitchens, new bathrooms, new sheet rocking, new flooring, new landscaping and much much more! This energy efficient home is complete with gas heating, full insulation and separate electric meters! Located walking distance to fire island ferries, downtown main street, LIRR, schools, shopping, restaurants and all that Patchogue has to offer! Do not wait! This rare chance to own this unbeatable cap rate will not last!
Last Agent to Sell the Property
Realty Connect USA L I Inc Brokerage Phone: 631-881-5160 License #10301219305 Listed on: 05/06/2022
Last Buyer's Agent
Realty Connect USA L I Inc Brokerage Phone: 631-881-5160 License #10301219305 Listed on: 05/06/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,112
Year Built
- Built in 1920 | Remodeled in 2019
Lot Details
- 0.37 Acre Lot
- Lot Dimensions are 100x160
- No Common Walls
- East Facing Home
- Private Entrance
- Back Yard Fenced
Home Design
- Victorian Architecture
- Frame Construction
- Cedar
Interior Spaces
- 3-Story Property
- Skylights
- Entrance Foyer
- Formal Dining Room
- Den
- Wood Flooring
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Oven
Bedrooms and Bathrooms
- 6 Bedrooms
- Main Floor Bedroom
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 10 Parking Spaces
- Private Parking
- Driveway
- Off-Street Parking
Outdoor Features
- Rooftop Deck
- Porch
Schools
- Bay Elementary School
- South Ocean Middle School
- Patchogue-Medford High School
Utilities
- No Cooling
- Hot Water Heating System
- Heating System Uses Natural Gas
- Septic Tank
Listing and Financial Details
- Tenant pays for electricity
- Legal Lot and Block 19 / 0010
- Assessor Parcel Number 0204-013-00-10-00-019-000
Community Details
Overview
- 3 Units
Building Details
- 4 Separate Electric Meters
- 2 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 6, 2022
Closed on
Aug 30, 2022
Sold by
264 S Ocean Ave Llc
Bought by
Sagos Anthony
Seller's Agent
Stephen King
Realty Connect USA L I Inc
Buyer's Agent
Stephen King
Realty Connect USA L I Inc
List Price
$899,999
Sold Price
$925,000
Premium/Discount to List
$25,001
2.78%
Views
44
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,439
Avg. Annual Appreciation
2.76%
Original Mortgage
$908,245
Interest Rate
6.49%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 2, 2021
Sold by
Prestige Worldwide Group
Bought by
264 South Ocean Avenue
Purchase Details
Closed on
Dec 7, 2017
Sold by
Serio Colleen
Bought by
Prestige Worldwide Group
Purchase Details
Closed on
Apr 21, 2004
Sold by
Simpson John
Bought by
Serio Colleen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,800
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sagos Anthony | $925,000 | None Available | |
| 264 South Ocean Avenue | $750,000 | None Available | |
| Prestige Worldwide Group | $192,500 | -- | |
| Serio Colleen | $312,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Sagos Anthony | $908,245 | |
| Previous Owner | Serio Colleen | $280,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/30/2022 08/30/22 | Sold | $925,000 | +2.8% | -- |
| 05/26/2022 05/26/22 | Pending | -- | -- | -- |
| 05/06/2022 05/06/22 | For Sale | $899,999 | -- | -- |
Source: OneKey® MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $20,187 | $3,750 | $1,200 | $2,550 |
| 2023 | $14,994 | $3,750 | $1,200 | $2,550 |
| 2022 | $13,395 | $3,750 | $1,200 | $2,550 |
| 2021 | $13,395 | $3,750 | $1,200 | $2,550 |
| 2020 | $18,771 | $3,750 | $1,200 | $2,550 |
| 2019 | $18,732 | $0 | $0 | $0 |
| 2018 | $11,753 | $3,750 | $1,200 | $2,550 |
| 2017 | $11,753 | $3,750 | $1,200 | $2,550 |
| 2016 | $11,463 | $3,750 | $1,200 | $2,550 |
| 2015 | -- | $3,750 | $1,200 | $2,550 |
| 2014 | -- | $3,750 | $1,200 | $2,550 |
Source: Public Records
Agents Affiliated with this Home
-
Stephen King
Map
Source: OneKey® MLS
MLS Number: KEY3397477
APN: 0204-013-00-10-00-019-000
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