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3 Jones Road
About This Property
Welcome to your next Hamptons retreat. This Hampton Bays home blends coastal charm with everyday comfort and a relaxed, inviting atmosphere. Conveniently located approximately one mile from the bay, this ranch-style home offers four bedrooms and two full bathrooms, along with a thoughtful balance of style, functionality, and ease. Set on a private, landscaped lot, the home features a bright, open layout designed for both relaxing and entertaining. The eat-in kitchen is equipped with stainless-steel appliances and flows seamlessly into a dedicated dining area, while the sun-filled living room provides a warm and welcoming central space. The outdoor area is designed for enjoyment, featuring a fenced backyard, in-ground pool, spacious patio, and mature landscaping-creating a setting ideal for entertaining or unwinding. A standout feature is access to a community beach club, offering a clubhouse, tennis courts, pool, and beach access, available for an annual fee. Conveniently located near local amenities, dining, shopping, and recreational opportunities, this property presents an opportunity for year-round living or seasonal use in Hampton Bays.
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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 |
|---|---|---|---|
| Sep 24, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Price Decreased |
$1,095,000
↓ $50K
(4.4%) | |
| Price Decreased | |||
| Jun 10, 2026 | Price Decreased |
$1,145,000
↓ $50K
(4.2%) | |
| Price Decreased | |||
| May 6, 2026 | Listed by Brown Harris Stevens Hamptons | $1,195,000 | |
| Listed by Brown Harris Stevens Hamptons | |||
| Jul 18, 2024 | Sold | ||
| Sold | |||
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About Hampton Bays
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017