RENTED FEB 18, 2025

40 Bailey Ave Patchogue, NY 11772

Estimated Value: $622,000

3 Beds
1 Bath
1,400 Sq Ft
$444/Sq Ft Est. Value

Highlights

  • Main Floor Bedroom
  • Bathroom on Main Level
  • Dogs and Cats Allowed
  • Modern Architecture

About This Home

As of February 2025

3 Bedroom, 1 Bathroom apartment for rent. New stainless steel appliances.
Use of backyard and 1 garage bay for tenant. Water included in rent, other utilities tenant is responsible for which is oil and electric

Last Agent to Rent the Property

George Luti

Keller Williams Legendary Brokerage Phone: 516-417-0935 License #10401389862 Listed on: 02/03/2025

Keller Williams Legendary

Last Renter's Agent

Joseph Farrell

Frontline Realty Group LLC License #10401346752

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 0.39

Parking

  • 1 Car Garage

Home Design

  • 1,400 Sq Ft Home
  • Modern Architecture
  • Apartment
  • Vinyl Siding

Kitchen

  • Oven
  • Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Schools

  • Bay Elementary School
  • South Ocean Middle School
  • Patchogue-Medford High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Oil

Community Details

  • Dogs and Cats Allowed

Listing and Financial Details

  • Rent includes water
  • 12-Month Minimum Lease Term

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Parking

1

Rental Info

  • Lease Term: 12 Months
  • Pets Allowed: Call, Cats OK, Dogs OK
  • Rent Includes: Water
  • Available Date: 2025-02-05

Listing Details

  • Property Type: Residential Lease
  • Architectural Style: Modern
  • Property SubType: Apartment
  • Year Built: 1910
  • Attribution Contact: 516-417-0935
  • Carport Y N: No
  • CurrentPrice: 3300.00
  • MlsMajorChangeType: Rented
  • CurrentPrice_By_LivingArea: 2.35714
  • ListPrice_By_LivingArea: 2.35714
  • ListPrice_By_OriginalListPrice: 1.00000
  • LivingAreaSearchSqFt: 1400.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Cooktop, Oven, Refrigerator
  • Interior Amenities: First Floor Bedroom, First Floor Full Bath
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1400
  • Basement YN: No
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Spa: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Oil
  • Sewer: Public Sewer
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: South Ocean Middle School

Lot Info

  • Property Attached: Yes

MLS Schools

  • Elementary School: Bay Elementary School
  • High School: Patchogue-Medford High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2023
Sold by
7 Seabury Property Llc
Bought by
Martins Eduardo
Current Estimated Value
$622,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.42%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 17, 2022
Sold by
Edwards Hilda and Edwards Robert F
Bought by
7 Seabury Prop Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Martins Eduardo -- Stewart Title
Martins Eduardo -- Stewart Title
7 Seabury Prop Llc $390,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martins Eduardo $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2025 02/18/25 Rented $3,300 0.0% --
02/03/2025 02/03/25 For Rent $3,300 -- --
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

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 $20,133 $2,300 $500 $1,800
2023 $16,704 $2,300 $500 $1,800
2022 $2,787 $2,300 $500 $1,800
2021 $2,787 $2,300 $500 $1,800
2020 $4,344 $2,300 $500 $1,800
2019 $4,335 $0 $0 $0
2018 $5,104 $2,300 $500 $1,800
2017 $5,400 $2,300 $500 $1,800
2016 $5,243 $2,300 $500 $1,800
2015 -- $2,300 $500 $1,800
2014 -- $2,300 $500 $1,800
Source: Public Records

Agents Affiliated with this Home

  • G

    Landlord's Agent in 2025

    George Luti

    Keller Williams Legendary

    George Luti
    Section Image

  • J

    Tenant's Agent in 2025

    Joseph Farrell

    Frontline Realty Group LLC

    (212) 228-5675

    3 Total Sales

    Joseph Farrell
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: 820615

OneKey® MLS

APN: 0204-014-00-05-00-013-000

New York Suffolk County Patchogue 11772

40 Bailey Ave, Patchogue, NY

Not Listed for Sale

MultiFamily

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