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398 Dune Road
About This Property
Perfectly positioned on the bay, in the heart of Westhampton Beach Village, this exceptional three-bedroom, three-bath waterfront residence offers effortless coastal living with panoramic water views and seamless indoor-outdoor flow. Built in 2014 with a focus on modern comfort and timeless design, the home is filled with natural light and thoughtfully designed for both relaxed living and entertaining. Expansive waterside decking creates the perfect setting for sunset dining, lounging, or enjoying the tranquil bayfront backdrop. Complete with deeded path over the dune to the ocean, enjoy all that Dune Rd living has to offer, while being moments from the village shops, restaurants and the arts. This turnkey retreat delivers an elevated Hamptons lifestyle in one of the area's most coveted waterfront locations.
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 15, 2026 | Listed by Daniel Gale Sothebys Intl Rlty | $4,500,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
| Dec 17, 1993 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017