108 Reeves Bay Trail
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 |
|---|---|---|---|
| Apr 22, 2025 | Sold | ||
| Sold | |||
| Mar 15, 2025 | In contract | - | |
| In contract | |||
| Feb 22, 2025 | Listed by H & G Realty New York | $639,998 | |
| Listed by H & G Realty New York | |||
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Welcome to 108 Reeves Bay Trail in the Southampton Township portion of Flanders, NY – a truly unique and tranquil oasis.
This two-bedroom ranch, nestled behind a private gate, offers a rare combination of seclusion and natural beauty. With your own private white sand beach and dock, you'll have the opportunity to experience breathtaking sunrises and observe an abundance of wildlife, including waterfowl, turtles, deer, and rabbits. Whether you're an outdoor enthusiast or simply seeking a peaceful retreat, this property is ideal.
Enjoy full access to the Great Peconic Bay and all that Southampton Beaches have to offer, from boating and water skiing to kayaking and exceptional fishing. This is truly a one-of-a-kind opportunity to experience the best of the Northeast's coastal lifestyle.
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| Jul 19, 2013 | Sold | ||
| Sold | |||
| Jun 14, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017