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Amagansett 11930
32 Devonshire Lane
$1,650,000
● House - Off Market

32 Devonshire Lane

East Hampton, NY 11930
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,300 Ft²
$10,633
Est. Monthly

About This Property

Looking for a great opportunity? Look no more! This property has tons of potential and is average in living space size for the neighborhood. It is located close to main roads with easy access to local amenities, such as shopping, banking, schools, and various eateries. Per our Appraisal describe the subject property is a SFR (Colonial style) built in 1980. It has approx. 3300 sq ft. and has 4 bedroom and 4.5 bathrooms, with FULL/Unfinished basement and 2-Att garage. The property is on 1.24acre. *** Seller makes no guarantees about property's condition, room count or other physical characteristics nor does seller guarantee accuracy whether property is on public sewer or private septic. *** Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
Unit Size
3,300 Ft²
Days on Market
-
Land Size
1.24 acres
Price per sqft
$590
Property Type
House
Property Taxes
$1,067
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 #KEYH6276184)

Price History

Date / Event Date Event Price
Aug 26, 2024 Sold
Premium
Sold
Jul 11, 2024 In contract -
In contract
Jun 25, 2024 Price Decreased $1,948,200
↓ $103K (5%)
Price Decreased
May 22, 2024 Price Decreased $2,050,700
↓ $108K (5%)
Price Decreased
Apr 12, 2024 Price Decreased $2,158,600
↓ $114K (5%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
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: 54,014
  • 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 DEVON RIDGE
  • Land Acres: 0000001240
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Amagansett Union Free School District
  • School Tax School District: AMAGANSETT
  • Census Tract: 201006

Geography

  • District: 0300-1
  • Section: 151.00
  • Parcel: 0300-151.00-01.00-007.043
  • Block: 1
  • Lot: 7.043
  • Municipality: EAST HAMPTON
  • Latitude: 40.9835
  • Longitude: -72.1125

    Address

  • Full Address: 32 Devonshire Ln
  • Address - House Number: 32
  • Address - Street Name: Devonshire
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Amagansett
  • Zip Code: 11930

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472403

    Appraisal Valuation

  • Standard Deviation: 0.1472
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 82
  • Final Value: 2,165,300
  • High Value: 2,484,198
  • Low Value: 1,846,403

    Market Valuation

  • Market Total Value: $39,189
  • Market Land Value: $2,973
  • Market Improvement Value: $36,216

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,500
  • Assessed Land Value: $1,100
  • Assessed Improvements Value: $13,400

    Sales

  • Current Sale Contract Date: Apr 25, 2023
  • Current Sale Recording Date: Sep 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 22, 2002
  • Previous Sale Contract Date: Feb 03, 2002
  • Previous Sale Amount: $970,000
  • Previous 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 Amagansett

Stats & Trends

Median Asking:

$2,995,000

Sale Price/ft²

$1,728

Below Asking

0.01%

Average Days on Market

108

Average Home Size

2294 ft²

Average Home Age

52 years

Currently For Sale

7 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 112 Central Avenue, Amagansett, NY, 11930

$25,000 /mo

  • 4 Beds
  • 3 Baths
  • 2,300 ft²
112 Central Avenue, Amagansett, NY, 11930 Listing by Robert Florio

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 32 Devonshire Lane built and last sold?
The property at 32 Devonshire Lane was built in and last sold on Apr 25, 2023 for $1,987,335.
How much is this home worth?
The estimated value of the home located at 32 Devonshire Lane is $2,150,506.
What are some comparable homes to 32 Devonshire Lane?
There are currently no comparable homes to 32 Devonshire Lane.
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