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686 Old N. Ocean Avenue
Score
75
Patchogue, NY

686 Old N. Ocean Avenue

550K
4 bd • 2 ba • sf

This analysis was generated on 8/19/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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Property Overview

List Price
$550,000
-4%vs 11772
Price/Sq.Ft
$550,000
+140565%vs 11772
Below Estimated Range
1.3% below range

Current Price

$550,000

Estimated Range

$557,000 - $575,000

$550,000
Below Market-20%
Above Market+20%

*AI analysis for entertainment only - not professional appraisal. Consult licensed professionals for property valuations.*

Market Data Points

4 data points for educational exploration

*Educational market data analysis only. Consult licensed real estate professionals for negotiation strategies and market advice.*

AI Suggested Range (Entertainment Only)

$540,000
AI Success Estimate:High(65%)
*Entertainment only - actual results may vary*

AI Rationale

Reflects necessary repairs and DOM. Seller motivation is high.

AI Analysis Score
75
68
Home Condition
65
Natural Light
86
Value
68
Location

*AI scoring for entertainment purposes only. Scores are subjective and not professional evaluations. Consult professionals for property assessments.*

Visual Insights

AI-analyzed spaces with reimagining capabilities

Cracked Driveway
Cracked Driveway

Cracked Driveway

The driveway has significant cracks and patches, indicating deterioration and potential need for replacement.

Aging Roof
Aging Roof

Aging Roof

The roof appears to be aging, with potential for leaks or damage in the near future.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$0

No required renovations identified

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Ownership History

Previous ownership changes and transaction details

Jan
2025
$550,000Cash Purchase
January 24, 2025
From:William Oleary
To:Alfredo L Jaya
Deed
Standard Sale (Purchase/Resales)

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$550,000
-30%List: $550,000+30%
20%
$110,000of $550,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $2,310/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$146,925
Closing Costs
+$36,925
Down Payment
$110,000
Buyer Agent Fee
$14,025
Loan Fees
$4,400
Title & Escrow
$3,300
Inspections
$900
Transfer Tax
$6,050
Prepaid Expenses
$8,250

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Data Buyer Power
Market Speed
206 days
vs 34 day average
This home has been listed for 206 days, while homes in this area typically sell in 34 days
Inventory Health
69
homes for sale
29 homes sold last month, indicating 2.4x more supply than demand
Price Dynamics
101.9%
of asking price
Homes typically sell for 1.9% above asking price

*Market analysis for entertainment purposes only. Historical data may not predict future performance. Consult real estate professionals for market guidance.*

Price Trajectory

$578,750
Current median price
+9.0%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Historical Data: data suggests stability
Prices are down 0.0% over the last 3 months
3 Months
0.0%
6 Months
+4.8%
1 Year
+9.0%

*Historical price trends for educational purposes only. Past performance does not predict future results. Consult professionals for market forecasts.*

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Days on market increasing 10.0% over the past 3 months suggests growing buyer leverage.

Historical Comparison
Current Value
$578,750
3 Months Ago
$362,500
+59.7%

Schools

Details about nearby schools in this area

Climate Risks

Assessment of climate-related hazards for this property

Major Risk Profile

This property has 0 severe, 1 major, and 3 moderate risk factors

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Educational Tour Ideas

Educational suggestions for property tours

Inspect the steam heating system for rust, leaks, and proper operation of radiators in all rooms.

Thoroughly inspect the roof for missing, cracked, or curling shingles, and check for sagging.

Inspect the basement for signs of water intrusion, including stains, mold, and efflorescence (white powdery deposits).

Educational Questions

Sample questions for educational purposes

Can you provide documentation of any maintenance or repairs done to the steam heating system in the last 10 years?

Has the property ever experienced any flooding or water damage, and if so, what remediation measures were taken?

Given the age of the home, has a lead paint inspection been performed?

Educational suggestions only. Consult licensed real estate professionals, home inspectors, and your agent for professional guidance on property tours and inspections.

Property Discussion

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