18
Map
36 Pepperidge Lane
About This Property
Situated on a secluded beautiful tree lined street, this private 2 acre property presents an exceptional opportunity to own a residence that is in a prime location very close to the town of Amagansett , ocean and bay beaches and some of the areas best shopping, dining and entertainment. This Oasis awaits with an exceptional ambience of warmth, sophistication, scale and comfortable effortless living spaces indoors and outdoors. Beautifully landscaped and surrounded by mature plantings make the property feel tranquil and secluded .The soaring living room features a wood-burning fireplace and French doors that open directly to the grounds, creating an effortless connection between the interior and outdoors. The adjoining upscaled kitchen and dining area are designed for easy everyday living and entertaining also featuring French doors leading out to the back patios elevating wonderful entertaining experiences. Along with the generous center island, farmhouse sink, and premium appliances the kitchen offers an immense amount of storage space. The primary bedroom enjoys a private position overlooking the property, with expansive windows and custom built-ins. Its generous en-suite bath includes a jacuzzi tub, steam shower, and dual vanity. A separate den with high ceilings provides additional flexibility and could easily function as a fourth bedroom, home office, or dining room. The home also includes a separate private guest suite with its own en-suite bathroom. There is a dedicated laundry room and a third guest bedroom with a full bath. The lower level offers ample amount of square footage (~2,200) with high ceilings, abundant storage, and a valuable potential for future finishing or expansion. Outside, the home opens onto an expansive and exceptionally private backyard, with the living spaces flowing naturally out to the grounds and pool area. Beyond the existing outdoor living spaces, the property offers substantial additional land to reimagine, expand, or simply enjoy-an uncommon opportunity to create something truly personal in Amagansett. The fully deer-fenced grounds, one-car garage with additional storage, and generous driveway parking add to the property's practicality. With its proximity to the Beaches, peaceful cul-de-sac setting, convenient access to Amagansett Village, and nearly two acres of private land, this is a special opportunity to secure a substantial Amagansett property in an increasingly coveted location.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017