56765 Route 48
About This Property
The interior showcases modern finishes and an open-concept layout designed for effortless indoor-outdoor living, ideal for both relaxed summer getaways and comfortable year-round living. Large windows flood the home with natural light while framing the stunning water views throughout.
Ideally located in Greenport, just moments from pristine beaches, charming shops, and renowned restaurants, this meticulously maintained property delivers a seamless blend of privacy, convenience, and coastal elegance.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2026 | Relisted | $2,650,000 | |
| Relisted | |||
| Sep 25, 2026 | No longer available | - | |
| No longer available | |||
| Mar 24, 2026 | Listed by East End Luxury Ltd | $2,650,000 | |
| Listed by East End Luxury Ltd | |||
| Jan 8, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Oct 3, 2025 | Listed by East End Luxury Ltd | $2,995,000 | |
| Listed by East End Luxury Ltd | |||
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Beautiful and Spacious Soundfront Home with waterside gunite Pool. This rare no-bluff, direct soundfront property offers 3 bedrooms and 2 full baths, featuring a gunite pool and 180-degree panoramic sound views situated on .75 acre. Inside, you'll find modern finishes and an open-concept floor plan that create an inviting space perfect for both summer escapes and year-round living. Ideally located near local beaches, shops, and restaurants, this well-maintained home combines comfort, style, and convenience in one exceptional package.
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About Southold
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017