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East Hampton 11937
2 Pondview Lane
$6,500,000
● House - Off Market

2 Pondview Lane

East Hampton, NY 11937
bedrooms
6 Beds
bathrooms
7 Baths, 1 Half Bath
square feet
6,500 Ft²
$9,739,279
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

Experience the epitome of elegance at 2 Pondview Lane, where the architecturally detailed genius of Jim Howard and renowned styling of Phoebe Howard come to life in an exquisite East Hampton jewel conceived by the widely-published pair. Here, 1.2 pristinely landscaped acres meet impeccable architectural design and gracious light-bathed interiors, in a 6,500 sq ft, 6 bedroom, 7.5 bathroom masterpiece with a private pool oasis and over-sized 2-car garage., Additional information: Interior Features:Lr/Dr
Unit Size
6,500 Ft²
Days on Market
149 days
Land Size
1.04 acres
Price per sqft
$1,154
Property Type
House
Property Taxes
$2,100
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 4 months ago (OneKey MLS #KEYL3247677)

Price History

Date / Event Date Event Price
Mar 4, 2021 Sold
Premium
Sold
Jan 27, 2021 Sold
Premium
Sold
Aug 31, 2020 Listed by Douglas Elliman Real Estate $7,500,000
Listed by Douglas Elliman Real Estate
Jan 22, 2010 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,302
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF PONDVIEW AT EAST HAMPTON
  • Land Acres: 0000001040
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: East Hampton Union Free School District
  • School Tax School District: EAST HAMPTON
  • Census Tract: 200901

Geography

  • District: 0301-0
  • Section: 9.00
  • Parcel: 0301-009.00-01.00-009.031
  • Block: 1
  • Lot: 9.031
  • Municipality: EAST HAMPTON
  • Latitude: 40.9578
  • Longitude: -72.1884

    Address

  • Full Address: 2 Pondview Ln
  • Address - House Number: 2
  • Address - Street Name: Pondview
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: East Hampton
  • Carrier Code: R777
  • 4-Digit Zip Code: 8406
  • Zip Code: 11937

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472401

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 1,968,932
  • High Value: 2,424,672
  • Low Value: 1,513,191

    Market Valuation

  • Market Total Value: $96,325
  • Market Land Value: $7,568
  • Market Improvement Value: $88,757

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,640
  • Assessed Land Value: $2,800
  • Assessed Improvements Value: $32,840

    Sales

  • Current Sale Contract Date: Jan 25, 2021
  • Current Sale Recording Date: Mar 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 22, 2010
  • Previous Sale Contract Date: Jan 12, 2010
  • Previous Sale Amount: $2,100,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About East Hampton

Stats & Trends

Median Asking:

$5,245,000

Sale Price/ft²

$1,635

Above Asking

0.00%

Average Days on Market

118

Average Home Size

5189 ft²

Average Home Age

44.3 years

Currently For Sale

8 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 2 Pondview Lane built and last sold?
The property at 2 Pondview Lane was built in and last sold on Jan 25, 2021 for $6,500,000.
How much is this home worth?
The estimated value of the home located at 2 Pondview Lane is $7,502,127.
What are some comparable homes to 2 Pondview Lane?
There are currently no comparable homes to 2 Pondview Lane.
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