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Shinnecock Hills 11968
34 Oceanview Drive
Photo of 34 Oceanview Drive
Sold on Sep 9, 2025

34

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Photo of 34 Oceanview Drive
Photo of 34 Oceanview Drive
$5,995,000
● House - Off Market

34 Oceanview Drive

Southampton, NY 11968
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,300 Ft²
$31,170
Est. Monthly
6.26%
Cap Rate

About This Property

Experience the epitome of coastal luxury with this stunning 4-bedroom home, perched high on a bluff along Oceanview Drive, offering direct southern exposure and breathtaking views of Shinnecock Bay. This rare gem, located south of the highway, features an open floor plan with expansive glass walls that seamlessly merge indoor and outdoor living, capturing panoramic bay views. The recently renovated kitchen boasts stainless steel appliances, including a wine cooler, flowing into a spacious dining and great room anchored by a cozy fireplace. A separate den provides the perfect retreat for relaxation.
Unit Size
3,300 Ft²
Days on Market
397 days
Land Size
0.53 acres
Price per sqft
$1,817
Property Type
House
Property Taxes
$1,733
HOA Dues
-
Year Built
1991

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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: 2 years ago (OneKey MLS #KEYL3578152)

Price History

Date / Event Date Event Price
Sep 9, 2025 Sold
Premium
Sold
Jul 30, 2025 In contract -
In contract
Mar 21, 2025 Price Decreased $5,995,000
↓ $255K (4.1%)
Price Decreased
Aug 8, 2024 Listed by Serhant East End LLC $6,250,000
Listed by Serhant East End LLC
May 12, 2015 Sold
Premium
Sold

Property Highlights

Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,087
  • Total Building Area: 2,006
  • Building Area: 2,006
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,006
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDAR SHORES
  • Land Acres: 0000000530
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: BLK LOT 5

Neighborhood

  • School District Name: Tuckahoe Common School District
  • School Tax School District: TUCKAHOE COMMON
  • Census Tract: 190709

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: MAP 1817
  • District: 0900-2
  • Section: 271.00
  • Parcel: 0900-271.00-01.00-042.000
  • Block: 1
  • Lot: 42.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.8807
  • Longitude: -72.4611

    Address

  • Full Address: 34 Oceanview Dr
  • Address - House Number: 34
  • Address - Street Name: Oceanview
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Southampton
  • Carrier Code: C002
  • 4-Digit Zip Code: 4216
  • Zip Code: 11968

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 473613

    Appraisal Valuation

  • Standard Deviation: 0.2692
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 1,573,025
  • High Value: 1,996,504
  • Low Value: 1,149,547

    Market Valuation

  • Market Total Value: $3,512,086
  • Market Land Value: $3,031,079
  • Market Improvement Value: $481,007

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,440,900
  • Assessed Land Value: $2,106,600
  • Assessed Improvements Value: $334,300

    Sales

  • Current Sale Contract Date: Apr 22, 2015
  • Current Sale Recording Date: May 12, 2015
  • 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 Shinnecock Hills

Stats & Trends

Median Asking:

$2,187,000

Sale Price/ft²

$823

Below Asking

0.02%

Average Days on Market

82

Average Home Size

3686 ft²

Average Home Age

27.2 years

Currently For Sale

22 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 23a Oakhurst, Southampton, NY, 11946

$35,000 /mo

  • 3 Beds
  • 2 Baths
23a Oakhurst, Southampton, NY, 11946 Listing by Bruce Davidson
Unit for rent at 23 Landing Lane, Southampton, NY, 11968

$32,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,522 ft²
23 Landing Lane, Southampton, NY, 11968 Listing by John P. Vitello
Unit for rent at 11 Oakhurst Road, Southampton, NY, 11946

$35,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,056 ft²
11 Oakhurst Road, Southampton, NY, 11946 Listing by Constance Porto

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 34 Oceanview Drive built and last sold?
The property at 34 Oceanview Drive was built in 1991 and last sold on Apr 22, 2015 for $850,000.
How much is this home worth?
The estimated value of the home located at 34 Oceanview Drive is $5,892,797.
What are some comparable homes to 34 Oceanview Drive?
There are currently no comparable homes to 34 Oceanview Drive.
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