4 months on rocket

299 S Ocean Ave, Patchogue, NY, 11772

$2,500,000

Home List Price

$10,000*

Closing Credit

9 Bedrooms
4 Full Baths
4,153 SqFt
$602/SqFt
Multi
Schools Nearby

Location

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299 S Ocean Ave, Patchogue$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPrivate, Driveway
Year Built1900
HeatingOil, Baseboard, Hot Water
CoolingNone
BasementYes
ViewOther
MLS #3519156
Lot Size0.64 Acres
StatusActive
(A)

About 299 S Ocean Ave

This antique compound is a legal multi-family property consisting of three 100-year-old buildings on .64 acres. Zoned for both residential and commercial use, the first and largest building comes in at 2,720 square feet and has been gutted for you to reimagine it as a home or office(s). The second house on the property is a 1,433 square foot residence in good shape with updates - new bathroom, kitchen appliances, gleaming hardwood floors, new rug, and new paint. Currently occupied by a tenant, this gives you the opportunity for a nice offset to your mortgage. The 3rd building, a small cottage, can be converted to a garage. Lots of opportunity here for the savvy businessperson.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1900
  • Living Area: 4,153 SqFt

Listing Office:

  • Office Name: Howard Hanna Coach
  • Office Phone: (631) 567-8500

Interior Features

Interior Information:

  • Appliances: Dryer, Oven, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Master Downstairs, First Floor Bedroom, Cathedral Ceiling(s), Den/Family Room, Eat-in Kitchen, Formal Dining, Entrance Foyer, Pantry, Storage

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • View: Other

Parking Information:

  • Attached Garage: No
  • Parking: Private, Driveway

Lot Features

Lot Information:

  • Lot: Level, Near Public Transit
  • Lot Size: 0.64 Acres

Utilities

Utilities Information:

  • Heating: Oil, Baseboard, Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: South Ocean Avenue South of Montauk, South of RR, House on Left Side

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
  • Price Per SqFt: $602/SqFt

Tax Information:

  • Annual Amount: $14,729
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Patchogue, NY.

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Patchogue, NY

City

Med. Sold Price

$500.4K

Med. Price/SqFt

$320

Avg. Days On Market

31

# of Sold Homes

15

299 S Ocean Ave vs Patchogue

148 DAYS ON ROCKET

+117 Days

$2,500,000

+$1.9M More

$602/SqFt

+$281 More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price and $281/SqFt more than other homes in Patchogue, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3519156

Listing Office:

  • Office Name: Howard Hanna Coach
  • Office Phone: (631) 567-8500

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/28/2024, 11:11:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 21, 2004Home Sold
$500,000

Tax History

YEARPROP. TAXASSESSMENT
2020$14,729$4,400
2019$20,441$4,400
2018$15,717$4,400

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2192484
2
/10

  • Bay Elementary School

  • 114 Bay Ave

  • 0.34 miles

  • Public District Grades KG-5

school-card-donut-2192485
3
/10

  • River Elementary School

  • 46 River Ave

  • 0.69 miles

  • Public District Grades KG-5

school-card-donut-2192486
2
/10

  • Medford Elementary School

  • 281 Medford Ave

  • 1.29 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,452. Most Patchogue, NY residents have annual incomes between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Suffolk County›Patchogue›11772›299 S Ocean Ave

This home is located at 299 S Ocean Ave in Patchogue, NY and zip code 11772 in the Town of Brookhaven neighborhood. This 4,153 square foot home, which was built in 1900, sits on a 0.64 acre lot. Features: 9 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 01, 2023 and is currently priced at $2,500,000.

While more than 8 listings in Patchogue, NY in March 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 6 were sold below. The inventory of homes for sale in Patchogue, NY between February 2024 and March 2024 increased by 6.7%. Listings spent 31 days on the market in March 2024, and had a median list price of $500,495 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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