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Water Mill 11976
532 Blank Lane
$2,000,000
● House - Off Market

532 Blank Lane

Water Mill, NY 11976
bedrooms
6 Beds
bathrooms
5 Baths, 1 Half Bath
$4,620,590
RealtyHop Estimate
84.82%
Since Mar 1, 2015
National-US
Primary Model

About This Property

Beautiful And Spacious Home, Move In Ready. Lots Of Extras Like Built In Water Filtration System, New Central Vac, French Doors To Deck, Beautiful Fireplace, And Many More. Plenty Of Bedrooms And Great Open Concept. Perfect For Entertaining Large Families And Groups. Lovely Heated Pool In Private And Serene Setting On A Very Quiet Road.
Unit Size
-
Days on Market
150 days
Land Size
1.49 acres
Price per sqft
-
Property Type
House
Property Taxes
$749
HOA Dues
-
Year Built
2013

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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: 3 years ago (OneKey MLS #ONE2710313)

Price History

Date / Event Date Event Price
Mar 19, 2015 Sold
Premium
Sold
Sep 29, 2014 Listed by Daniel Gale Real Estate $2,500,000
Listed by Daniel Gale Real Estate
Jun 26, 2001 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 10
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 65,340
  • Total Building Area: 3,490
  • Building Area: 3,490
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,490
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001500
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-LYNCH S-ROGERS & ORS E-BLANK LN & ORS W-LYNCH

Neighborhood

  • School District Name: Southampton Union Free School District
  • School Tax School District: SOUTHHAMPTON
  • Census Tract: 190713

Zoning

  • Zoning: CR80

Geography

  • District: 0900-0
  • Section: 65.00
  • Parcel: 0900-065.00-02.00-012.002
  • Block: 2
  • Lot: 12.002
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9426
  • Longitude: -72.359

    Address

  • Full Address: 532 Blank Ln
  • Address - House Number: 532
  • Address - Street Name: Blank
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Water Mill
  • Carrier Code: R002
  • 4-Digit Zip Code: 2136
  • Zip Code: 11976

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $848,538
  • Tax Rate Code Area: 473606

    Appraisal Valuation

  • Standard Deviation: 0.2493
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 2,428,480
  • High Value: 3,033,973
  • Low Value: 1,822,987

    Market Valuation

  • Market Total Value: $2,907,194
  • Market Land Value: $1,512,518
  • Market Improvement Value: $1,394,676

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,020,500
  • Assessed Land Value: $1,051,200
  • Assessed Improvements Value: $969,300

    Sales

  • Current Sale Contract Date: Feb 26, 2015
  • Current Sale Recording Date: Mar 19, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Jun 26, 2001
  • Previous Sale Contract Date: Jun 21, 2001
  • Previous Sale Amount: $985,000
  • 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 Water Mill

Stats & Trends

Median Asking:

$5,395,000

Sale Price/ft²

$1,049

Below Asking

0.06%

Average Days on Market

114

Average Home Size

4305 ft²

Average Home Age

32.6 years

Currently For Sale

19 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

Rentals Near You

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OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 532 Blank Lane built and last sold?
The property at 532 Blank Lane was built in 2013 and last sold on Feb 26, 2015 for $2,000,000.
How much is this home worth?
The estimated value of the home located at 532 Blank Lane is $0.
What are some comparable homes to 532 Blank Lane?
There are currently no comparable homes to 532 Blank Lane.
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