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Westhampton Beach 11978
83 Beach Road
Photo of 83 Beach Road
Sold on Jan 4, 2023

25

Map

Photo of 83 Beach Road
Photo of 83 Beach Road
$1,650,000
● House - Off Market

83 Beach Road

Southampton, NY 11978
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3,050 Ft²
$1,851,507
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Welcome to 83 Beach Road, an expanded cape, featuring an open first floor offering an updated kitchen with stainless steel appliances, honed black granite countertops, & breakfast nook, formal dining room, spacious living room with wood burning fireplace, & French doors to the sunroom. Aptly named, the sunroom offers 22 windows & exterior door to the 0.62-acre property. Completing the first level is a master suite, den / second bedroom, & renovated hall bath. The second-floor features two bedrooms & two full baths. Enjoy an approximately 100 SF 'flex space' & ample closets throughout the second-floor hall. The home is replete with central AC (wall units remain from pre CAC era), full basement with 7.8 FT ceilings, outdoor shower, 2-car, garage, & room for a pool!* Sweetening this package is the new, above-ground oil tank (2020), air handler (2019), oil burner (2019) hot water heater (2020), & roof (2020)! Inquire today.* Room for a pool should be verified by an outside professional., Additional information: Interior Features:Guest Quarters,Lr/Dr
Unit Size
3,050 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$573
Property Type
House
Property Taxes
$1,213
HOA Dues
-
Year Built
2001

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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: 2 years ago (OneKey MLS #KEYL3423481)

Price History

Date / Event Date Event Price
Mar 27, 2023 Sold
Premium
Sold
Jan 4, 2023 Sold
Premium
Sold
Oct 8, 2022 In contract -
In contract
Sep 7, 2022 Price Decreased $1,749,000
↓ $76K (4.2%)
Price Decreased
Aug 14, 2022 Listed by Corcoran $1,825,000
Listed by Corcoran

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • 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: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,007
  • Total Building Area: 2,900
  • Building Area: 2,900
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,900
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000620
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-BROOK RD S-PASTOR E-BEACH RD W-MIRGOROD

Neighborhood

  • School District Name: Westhampton Beach Union Free School District
  • School Tax School District: WESTHAMPTON BEA
  • Census Tract: 190502

Zoning

  • Zoning: R2

Geography

  • District: 0905-0
  • Section: 12.00
  • Parcel: 0905-012.00-02.00-029.000
  • Block: 2
  • Lot: 29.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.8158
  • Longitude: -72.642

    Address

  • Full Address: 83 Beach Rd
  • Address - House Number: 83
  • Address - Street Name: Beach
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Westhampton Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 2317
  • Zip Code: 11978

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $404,831
  • Tax Rate Code Area: 473602

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 1,677,086
  • High Value: 1,919,035
  • Low Value: 1,435,137

    Market Valuation

  • Market Total Value: $1,998,129
  • Market Land Value: $1,164,748
  • Market Improvement Value: $833,381

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,388,700
  • Assessed Land Value: $809,500
  • Assessed Improvements Value: $579,200

    Sales

  • Current Sale Contract Date: Jan 06, 2022
  • Current Sale Recording Date: Mar 27, 2023
  • Current Sale Price:
    Premium
  • Current 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 Westhampton Beach

Stats & Trends

Median Asking:

$1,895,000

Sale Price/ft²

$930

Below Asking

0.02%

Average Days on Market

109

Average Home Size

3417 ft²

Average Home Age

38 years

Currently For Sale

26 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 20 Quogue Street, Quogue, NY, 11959

$25,000 /mo

  • 6 Beds
  • 5 Baths
  • 4,694 ft²
20 Quogue Street, Quogue, NY, 11959 Listing by Amanda M. Murray
Unit for rent at 253 Dune, Westhampton Beach, NY, 11978

$25,000 /mo

  • 1 Bed
  • 1 Bath
  • 900 ft²
253 Dune #62, Westhampton Beach, NY, 11978 Listing by Priscilla Holloway CBR
Unit for rent at 245 Oneck Lane, Southampton, NY, 11978

$25,000 /mo

  • 4 Beds
  • 5 Baths
  • 1 ft²
245 Oneck Lane, Southampton, NY, 11978 Listing by Ashley J. Farrell

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 83 Beach Road built and last sold?
The property at 83 Beach Road was built in 2001 and last sold on Jan 6, 2022 for $1,650,000.
How much is this home worth?
The estimated value of the home located at 83 Beach Road is $0.
What are some comparable homes to 83 Beach Road?
There are currently no comparable homes to 83 Beach Road.
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