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Remsenburg-Speonk 11972
22 Matthews Drive
Photo of 22 Matthews Drive

18

Map

Photo of 22 Matthews Drive
Photo of 22 Matthews Drive
$774,500
↓ $25K (3.1%)
● House - For Sale

22 Matthews Drive

Southampton, NY 11972
bedrooms
1 Bed
bathrooms
1 Bath
square feet
520 Ft²
$3,995
Est. Monthly

About This Property

A charming 1-bedroom, 1-bath cottage in Remsenburg, south of Montauk Highway, offering approximately 520 square feet with plenty of room to grow. The recently renovated kitchen and living room are move-in ready, while a brand new patio and private backyard create the perfect setting for summer entertaining, with room for a pool. A detached garage adds valuable versatility and storage, while the property also offers potential for a second bedroom and future expansion, making this a rare opportunity to create your own Hamptons retreat in a highly sought-after location. Private, turnkey, and full of potential. A true Remsenburg gem. Converted from a 2-bedroom to a 1-bedroom. Currently holds a CO as a 2-bedroom.
Unit Size
520 Ft²
Days on Market
47 days
Land Size
0.39 acres
Price per sqft
$1,489
Property Type
House
Property Taxes
$191
HOA Dues
-
Year Built
1991

Listed By

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 14 hours ago (OneKey MLS #KEY1036186)

Price History

Date / Event Date Event Price
Sep 20, 2026 Price Decreased $774,500
↓ $25K (3.1%)
Price Decreased
Aug 13, 2026 Listed by Hampton Properties $799,000
Listed by Hampton Properties
May 23, 2012 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Details
Has Garage
Has Open Parking
Parking Features: Driveway
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Interior Features: Bidet, High Ceilings, Open Floorplan, Master Downstairs, First Floor Bedroom, Open Kitchen, Speakers, Washer/Dryer Hookup
Appliances: Cooktop, Dishwasher, Dryer, Exhaust Fan, Freezer, Gas Cooktop, Gas Oven, Microwave, Oven, Range, Refrigerator, Stainless Steel Appliance(s), Washer
Rooms: 4
Basement: Crawl Space, Partial
Exterior Details
Square Footage: 520
Square Footage Source: $0
Property Condition: Updated/Remodeled
Architectural Style: Cottage
Year Built: 1991
Building Area Total: 520
Building Area Units: Square Feet
Construction Materials: Other
Lot Size Area: 16553
Lot Size Units: Square Feet
Lot Size Acres: 0.39
Lot Size Square Feet: 16553
Water Source: Public
Financial Details
Tax Assessed Value: $275,200
Tax Annual Amount: $2,293
Utilities Details
Cooling Type: Ductless
Heating Type: Baseboard, Oil
Sewer : Cesspool

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,553
  • Total Building Area: 520
  • Building Area: 520
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 520
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000380
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-KEISER S-SCHNNEIDER E-R.O.W. W-MATTHEW DR

Neighborhood

  • School District Name: Remsenburg-Speonk Union Free School District
  • School Tax School District: REMSENBURG
  • Census Tract: 190503

Zoning

  • Zoning: R20

Geography

  • District: 0900-3
  • Section: 368.00
  • Parcel: 0900-368.00-03.00-037.000
  • Block: 3
  • Lot: 37.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.8159
  • Longitude: -72.7011

    Address

  • Full Address: 22 Matthews Dr
  • Address - House Number: 22
  • Address - Street Name: Matthews
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Speonk
  • Zip Code: 11972

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $217,562
  • Tax Rate Code Area: 473601

    Appraisal Valuation

  • Standard Deviation: 0.2519
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 608,412
  • High Value: 761,690
  • Low Value: 455,133

    Market Valuation

  • Market Total Value: $395,971
  • Market Land Value: $304,892
  • Market Improvement Value: $91,079

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $275,200
  • Assessed Land Value: $211,900
  • Assessed Improvements Value: $63,300

    Sales

  • Current Sale Contract Date: May 04, 2012
  • Current Sale Recording Date: May 23, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
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 Remsenburg-Speonk

Stats & Trends

Median Asking:

$1,275,000

Sale Price/ft²

$559

Below Asking

0.03%

Average Days on Market

136

Average Home Size

3374 ft²

Average Home Age

29 years

Currently For Sale

34 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

Unit for rent at 6 Holly Lane, Remsenburg, NY, 11960

$7,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,666 ft²
6 Holly Lane, Remsenburg, NY, 11960 Listing by John Giacobbe
Unit for rent at 17c Basket Neck Lane, Remsenburg, NY, 11960

$8,000 /mo

  • 3 Beds
  • 3 Baths
  • 1,800 ft²
17c Basket Neck Lane, Remsenburg, NY, 11960 Listing by Dolores Behme
Unit for rent at 50 N Quarter Road, Westhampton, NY, 11977

$5,000 /mo

  • 5 Beds
  • 4 Baths
  • 2,952 ft²
50 N Quarter Road, Westhampton, NY, 11977 Listing by Jacqulene Mitrani PSA SFR

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 14 hours ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 22 Matthews Drive built and last sold?
The property at 22 Matthews Drive was built in 1991 and last sold on May 4, 2012 for $167,500.
How much is this home worth?
The estimated value of the home located at 22 Matthews Drive is $774,593.
What are some comparable homes to 22 Matthews Drive?
There are currently no comparable homes to 22 Matthews Drive.
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