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Hampton Bays 11946
34 Penny Lane
$760,000
● House - Off Market

34 Penny Lane

Southampton, NY 11946
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,953 Ft²
$1,568,168
RealtyHop Estimate
96.27%
Since Jul 1, 2013
National-US
Primary Model

About This Property

Owner Wants To Sell Asap. Listening To All Offers. Best Waterfront Deal !! South Of The Highway Waterfront.3 Bedrooms 2.5 Baths On Shy Acre With Docks And Ramp. Moments To Ocean Beaches And Great Fish Markets. This Could Be The Perfect Hampton Retreat For You To Improve And Design To Taste., Additional information: Interior Features:Lr/Dr
Unit Size
1,953 Ft²
Days on Market
-
Land Size
0.95 acres
Price per sqft
$409
Property Type
House
Property Taxes
$1,010
HOA Dues
-
Year Built
2018

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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: 6 months ago (OneKey MLS #KEYL2555102)

Price History

Date / Event Date Event Price
Oct 2, 2013 Sold
Premium
Sold
Jun 26, 2013 Sold
Premium
Sold
Feb 1, 2013 Listed by Douglas Elliman Real Estate $799,000
Listed by Douglas Elliman Real Estate

Property Highlights

Garage
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,382
  • Total Building Area: 3,429
  • Building Area: 3,429
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,429
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000950
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-HEIN S-HOPE E-PENNY LN W-PENNY POND

Neighborhood

  • School District Name: Hampton Bays Union Free School District
  • School Tax School District: HAMPTON BAYS
  • Census Tract: 190606

Zoning

  • Zoning: RWB

Geography

  • Account Number: 131624
  • District: 0900-3
  • Section: 374.00
  • Parcel: 0900-374.00-01.00-001.000
  • Block: 1
  • Lot: 1.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.8526
  • Longitude: -72.5104

    Address

  • Full Address: 34 Paynes Ln
  • Address - House Number: 34
  • Address - Street Name: Paynes
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: East Quogue
  • Zip Code: 11942

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 473605

    Appraisal Valuation

  • Standard Deviation: 0.2692
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 1,353,120
  • High Value: 1,717,397
  • Low Value: 988,843

    Market Valuation

  • Market Total Value: $2,028,489
  • Market Land Value: $947,338
  • Market Improvement Value: $1,081,151

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,409,800
  • Assessed Land Value: $658,400
  • Assessed Improvements Value: $751,400

    Sales

  • Current Sale Contract Date: Jun 17, 2013
  • Current Sale Recording Date: Oct 02, 2013
  • 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 Hampton Bays

Stats & Trends

Median Asking:

$997,000

Sale Price/ft²

$659

Below Asking

0.03%

Average Days on Market

108

Average Home Size

2331 ft²

Average Home Age

36.8 years

Currently For Sale

79 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 37 Maryland Boulevard, Hampton Bays, NY, 11946

$20,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,640 ft²
37 Maryland Boulevard, Hampton Bays, NY, 11946 Listing by Margot Reutter
Unit for rent at 18 Shinnecock Road, Hampton Bays, NY, 11946

$22,000 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
18 Shinnecock Road #2, Hampton Bays, NY, 11946 Listing by Lorraine Lorenc

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 34 Penny Lane built and last sold?
The property at 34 Penny Lane was built in 2018 and last sold on Jun 17, 2013 for $760,000.
How much is this home worth?
The estimated value of the home located at 34 Penny Lane is $0.
What are some comparable homes to 34 Penny Lane?
There are currently no comparable homes to 34 Penny Lane.
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