12 Hampton Bays Drive
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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 15, 2026 | Sold | ||
| Sold | |||
| Feb 20, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2025 | Listed by Corcoran | $990,000 | |
| Listed by Corcoran | |||
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Have you ever dreamed of living just 7 minutes from the beach? Now’s your chance. Built in 2016 & ideally situated just 2.5 miles from Ponquogue and Southampton Town beaches, this beautifully maintained, move-in-ready ranch is the perfect Hamptons retreat. Set on a quiet street, the home offers 3 spacious bedrooms and 2 full bathrooms, including a primary suite with dual oversized closets and a private en-suite bath.
The open-concept living area is bright and welcoming, with soaring cathedral ceilings and effortless flow from the living room to the dining area and upgraded kitchen. Sliding glass doors open to a newly redesigned backyard, ideal for seamless indoor-outdoor living. The kitchen is equipped with stainless steel appliances, ample cabinetry, and a generous pantry for added storage.
A full exterior renovation was completed in fall 2024, transforming the property with a newly paved and masoned driveway, a paver-lined front walkway, and a completely reimagined backyard featuring a new patio, garden wall, and vibrant landscaping with room for a pool. The property was regraded and finished with fresh sod, a state-of-the-art irrigation and drainage system, and drip zones for all plantings. Both front and rear decks were upgraded with low-maintenance Trex decking, and the entire outdoor space is enhanced by professional landscape lighting for added ambiance and curb appeal.
Additional features include a one-car garage and full unfinished basement with high ceilings offering endless potential.
This home is move-in ready and offers the perfect blend of comfort, style, and location—whether you're seeking a year-round residence or a seasonal escape.
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| Mar 2, 2022 | Sold | ||
| Sold | |||
| Jan 26, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017