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Northwest Harbor 11937
8 Bianco Road
$1,550,000
● House - Off Market

8 Bianco Road

East Hampton, NY 11937
bedrooms
4 Beds
bathrooms
2 Baths
$1,844,456
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

Located just a few steps from Sammys Beach with winter water views of Gardiners bay is this 4 bedroom 2 bath in move-in ready condition! The bright and airy open concept offers a large living room with fireplace and kitchen dining spaces all with sliders and sky lights bringing in plenty of natural sunlight. There is a first floor main bedroom with full bath, a den that can be converted into a bedroom with bathroom, and 2 additional bedrooms that share a bathroom. The lot is just under a half an acre with a large private backyard, heated pool and mohogany deck. The home is located in a waterfront community called Sammys beach, perfect for kayaking, paddle boarding, fishing and boating adventures.
Unit Size
-
Days on Market
-
Land Size
0.49 acres
Price per sqft
-
Property Type
House
Property Taxes
$485
HOA Dues
-
Year Built
-

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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 #ONE3267535)

Price History

Date / Event Date Event Price
May 14, 2021 Sold
Premium
Sold
Feb 15, 2021 Sold
Premium
Sold
Nov 30, 2020 In contract -
In contract
Nov 8, 2020 Listed by Douglas Elliman Real Estate $1,450,000
Listed by Douglas Elliman Real Estate
Dec 5, 2008 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,344
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000490
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: East Hampton Union Free School District
  • School Tax School District: EAST HAMPTON
  • Census Tract: 200906

Geography

  • District: 0300-0
  • Section: 56.00
  • Parcel: 0300-056.00-02.00-002.000
  • Block: 2
  • Lot: 2.000
  • Municipality: EAST HAMPTON
  • Latitude: 41.0325
  • Longitude: -72.2068

    Address

  • Full Address: 8 Bianco Rd
  • Address - House Number: 8
  • Address - Street Name: Bianco
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: East Hampton
  • Carrier Code: C017
  • 4-Digit Zip Code: 1089
  • Zip Code: 11937

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472401

    Appraisal Valuation

  • Standard Deviation: 0.2488
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 1,762,711
  • High Value: 2,201,356
  • Low Value: 1,324,067

    Market Valuation

  • Market Total Value: $15,676
  • Market Land Value: $2,703
  • Market Improvement Value: $12,973

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,800
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $4,800

    Sales

  • Current Sale Contract Date: Jan 28, 2021
  • Current Sale Recording Date: May 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 05, 2008
  • Previous Sale Contract Date: Nov 26, 2008
  • Previous Sale Amount: $1,120,000
  • 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 Northwest Harbor

Stats & Trends

Median Asking:

$2,350,000

Sale Price/ft²

$974

Below Asking

0.01%

Average Days on Market

177

Average Home Size

2986 ft²

Average Home Age

34.9 years

Currently For Sale

22 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

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OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 8 Bianco Road built and last sold?
The property at 8 Bianco Road was built in and last sold on Jan 28, 2021 for $1,550,000.
How much is this home worth?
The estimated value of the home located at 8 Bianco Road is $1,509,558.
What are some comparable homes to 8 Bianco Road?
There are currently no comparable homes to 8 Bianco Road.
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