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Hampton Bays 11946
48 Springville Road
Photo of 48 Springville Road
Sold on Aug 27, 2026

46

Map

Photo of 48 Springville Road
Photo of 48 Springville Road
$900,000
● House - Off Market

48 Springville Road

Southampton, NY 11946
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,350 Ft²
$5,224
Est. Monthly

About This Property

Ideally situated in the heart of Hampton Bays with walk-to- town convenience and  5-min drive to the beaches! This well-appointed 3-bedroom, 2-bathroom home features a private third bedroom with separate exterior access, full bath, kitchenette, and additional living space-perfect for guest privacy or extended stays, with sound insulation for added comfort. Resort-style backyard with pool, hot tub, fire pit, fully fenced yard, and mature privacy landscaping offers a true Hamptons lifestyle, while parking for 5–6 vehicles adds rare convenience. The main residence includes a full kitchen, living and dining areas, plus a dedicated laundry room with built-in cabinets in the basement. Sitting on a 0.23-acre lot and 1,350 sq ft of living space with low taxes, this property combines lifestyle, flexibility, and strong seasonal or long-term rental potential (subject to local regulations).
Unit Size
1,350 Ft²
Days on Market
108 days
Land Size
0.23 acres
Price per sqft
$687
Property Type
House
Property Taxes
$671
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: 25 days ago (OneKey MLS #KEY997632)

Price History

Date / Event Date Event Price
Aug 27, 2026 Sold
Premium
Sold
Jun 18, 2026 In contract -
In contract
Jun 5, 2026 Relisted $451,025
Relisted
Jun 2, 2026 In contract -
In contract
May 11, 2026 Listed by Greene Realty Group $927,000
Listed by Greene Realty Group
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 10,019
  • Total Building Area: 1,022
  • Building Area: 1,022
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,022
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GOOD GROUND DEV
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: BLK I LOT 1-5

Neighborhood

  • School District Name: Hampton Bays Union Free School District
  • School Tax School District: HAMPTON BAYS
  • Census Tract: 190603

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: MAP 247
  • Account Number: 106154
  • District: 0900-2
  • Section: 260.00
  • Parcel: 0900-260.00-03.00-016.000
  • Block: 3
  • Lot: 16.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.8702
  • Longitude: -72.5293

    Address

  • Full Address: 48 Springville Rd
  • Address - House Number: 48
  • Address - Street Name: Springville
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Hampton Bays
  • Carrier Code: C006
  • 4-Digit Zip Code: 2231
  • Zip Code: 11946

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $460,012
  • Initial Tax Delinquent Year: 2015
  • Tax Rate Code Area: 473605

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 30,454
  • High Value: 34,847
  • Low Value: 26,060

    Market Valuation

  • Market Total Value: $428,777
  • Market Land Value: $221,727
  • Market Improvement Value: $207,050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $298,000
  • Assessed Land Value: $154,100
  • Assessed Improvements Value: $143,900

    Sales

  • Current Sale Contract Date: Jan 11, 2022
  • Current Sale Recording Date: Apr 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 31, 2020
  • Previous Sale Contract Date: Sep 28, 2020
  • Previous Sale Amount: $451,025
  • Previous Sale Document Type: 27
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:

$999,000

Sale Price/ft²

$663

Below Asking

0.02%

Average Days on Market

100

Average Home Size

2304 ft²

Average Home Age

37.6 years

Currently For Sale

72 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 29 Maryland Boulevard, Hampton Bays, NY, 11946

$7,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,262 ft²
29 Maryland Boulevard, Hampton Bays, NY, 11946 Listing by Michael M. Ceravolo
Unit for rent at 16 Grant Boulevard, Hampton Bays, NY, 11946

$8,000 /mo

  • 4 Beds
  • 2 Baths
  • 2,300 ft²
16 Grant Boulevard, Hampton Bays, NY, 11946 Listing by Toni-Ann Warren
Unit for rent at 45 Bellows Terrace, Hampton Bays, NY, 11946

$7,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,722 ft²
45 Bellows Terrace #B, Hampton Bays, NY, 11946 Listing by Barbara Bellas

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 25 days ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 48 Springville Road built and last sold?
The property at 48 Springville Road was built in 1991 and last sold on Jan 11, 2022 for $575,000.
How much is this home worth?
The estimated value of the home located at 48 Springville Road is $937,849.
What are some comparable homes to 48 Springville Road?
There are currently no comparable homes to 48 Springville Road.
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