$2,400,000
●
House -
Off Market
3 Stillwaters Lane
Southampton, NY 11978
4 Beds
3 Baths,
1
Half Bath
2,400 Ft²
$13,563
Est. Monthly
About This Property
This contemporary home is situated in the desirable, much sought
after, incorporated Village of Westhampton Beach offering excellent
ownership opportunity in a prime location. The lower level is
comprised of three bedrooms, two and a half baths, a double vaulted
entry and walk-out access to the lower patio. The gentle stairway
takes you to the second level which features an open floor plan
showcasing a large living room with fireplace, dining room, kitchen
and primary bedroom suite - all with access to the generously sized
upper level deck overlooking the spacious backyard. The outdoor
space boasts a sizeable 16x44 heated gunite pool, har-tru tennis
court, hot tub and koi pond. Other amenities include a two-car
attached garage, lush mature landscaping and beach rights to all
village beaches just minutes away. With the option to enjoy the
property as is or develop it into your dream home, this property is
a smart investment in the Hamptons., Additional information:
Appearance:excellent,ExterioFeatures:Tennis,Interior
Features:Lr/Dr,Separate Hotwater Heater:y
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$1,040
Property Type
House
Property Taxes
$1,311
HOA Dues
-
Year Built
1994
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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: 5 months ago (OneKey MLS #KEYL3536598)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 28, 2024 | Sold | ||
| Sold | |||
| Apr 6, 2024 | In contract | - | |
| In contract | |||
| Mar 8, 2024 | Listed by Kerrigan Country Realty | $2,495,000 | |
| Listed by Kerrigan Country Realty | |||
| | |||
|
This contemporary home is situated in the desirable, much sought after, incorporated Village of Westhampton Beach offering excellent ownership opportunity in a prime location. The lower level is comprised of three bedrooms, two and a half baths, a double vaulted entry and walk-out access to the lower patio. The gentle stairway takes you to the second level which features an open floor plan showcasing a large living room with fireplace, dining room, kitchen and primary bedroom suite - all with access to the generously sized upper level deck overlooking the spacious backyard. The outdoor space boasts a sizeable 16x44 heated gunite pool, har-tru tennis court, hot tub and koi pond. Other amenities include a two-car attached garage, lush mature landscaping and beach rights to all village beaches just minutes away. With the option to enjoy the property as is or develop it into your dream home, this property is a smart investment in the Hamptons.
| |||
| Nov 25, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Sep 26, 2023 | Price Increased |
$2,699,999
↑ $999
(0%) | |
| Price Increased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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ft²
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About Westhampton Beach
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Last Updated: 5 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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