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Northwest Harbor 11937
35 Mcelnea Street
$1,200,000
● House - Off Market

35 Mcelnea Street

East Hampton, NY 11937
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,200 Ft²
$6,765
Est. Monthly

About This Property

Beautiful Retreat in East Hampton, shy acre property back to preserve land, on a cul de sac with complete privacy, nestle with beautiful scenery and lots of trees, master suit with beautiful remodel master bath, 2 extra bedrooms, 1 bathroom, kitchen, dining and living room, hardwood throughout, finished basement with 3 extra bedrooms, bathroom and kitchenette, living room with private entrance, huge back deck, Belgium stone driveway with pebbles rocks, so much, Additional information: Appearance:Good,Interior Features:Guest Quarters,Lr/Dr
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$1,083
Property Type
House
Property Taxes
$386
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: 6 months ago (OneKey MLS #KEYL3498474)

Price History

Date / Event Date Event Price
Feb 29, 2024 Sold
Premium
Sold
Oct 25, 2023 In contract -
In contract
Aug 16, 2023 Listed by Hogar Realty $1,299,000
Listed by Hogar Realty
Apr 16, 2002 Sold
Premium
Sold
Nov 1, 1994 Sold
Premium
Sold

Property Highlights

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: 26,136
  • 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 MONTAUK LAWNS SECTION 2
  • Land Acres: 0000000600
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: East Hampton Union Free School District
  • School Tax School District: EAST HAMPTON
  • Census Tract: 200906

Geography

  • District: 0300-1
  • Section: 144.00
  • Parcel: 0300-144.00-03.00-004.002
  • Block: 3
  • Lot: 4.002
  • Municipality: EAST HAMPTON
  • Latitude: 40.987
  • Longitude: -72.187

    Address

  • Full Address: 35 Mcelnea St
  • Address - House Number: 35
  • Address - Street Name: Mcelnea
  • Address - Suffix Type: St
  • State: NY
  • City Name: East Hampton
  • Carrier Code: C011
  • 4-Digit Zip Code: 2113
  • Zip Code: 11937

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472401

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 1,247,965
  • High Value: 1,428,006
  • Low Value: 1,067,924

    Market Valuation

  • Market Total Value: $12,973
  • Market Land Value: $1,622
  • Market Improvement Value: $11,351

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,800
  • Assessed Land Value: $600
  • Assessed Improvements Value: $4,200

    Sales

  • Current Sale Contract Date: Mar 18, 2002
  • Current Sale Recording Date: Apr 16, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Nov 01, 1994
  • Previous Sale Contract Date: Oct 24, 1994
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: 51
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 Northwest Harbor

Stats & Trends

Median Asking:

$2,400,000

Sale Price/ft²

$988

Below Asking

0.02%

Average Days on Market

182

Average Home Size

3043 ft²

Average Home Age

33.6 years

Currently For Sale

21 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 11 15th Street, East Hampton, NY, 11937

$8,000 /mo

  • 4 Beds
  • 4 Baths
  • 20,909 ft²
11 15th Street, East Hampton, NY, 11937 Listing by Elizabeth Cordova Alata
Unit for rent at 33 Woodbine Drive, East Hampton, NY, 11937

$10,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,750 ft²
33 Woodbine Drive, East Hampton, NY, 11937 Listing by Kristin Regan

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 35 McElnea Street built and last sold?
The property at 35 McElnea Street was built in and last sold on Mar 18, 2002 for $310,000.
How much is this home worth?
The estimated value of the home located at 35 McElnea Street is $1,303,482.
What are some comparable homes to 35 McElnea Street?
There are currently no comparable homes to 35 McElnea Street.
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