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Hampton Bays 11946
85 Wakeman Road
$342,500
● House - Off Market

85 Wakeman Road

Southampton, NY 11946
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,233 Ft²
$677,185
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

Light And Airy Home With Four Bedrooms,One Bath, Eat In Kitchen, Living Room With Fireplace.Large Decking Leads To Heated Pool,And A Pool House.Shed, Outdoor Shower, Inground Sprinklers.Seasonal Residence., Additional information: Appearance:Good
Unit Size
1,233 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$296
Property Type
House
Property Taxes
$432
HOA Dues
-
Year Built
1986

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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: 5 months ago (OneKey MLS #KEYL2603197)

Price History

Date / Event Date Event Price
Nov 12, 2014 Sold
Premium
Sold
Jul 16, 2014 Sold
Premium
Sold
Jul 27, 2013 Listed by Douglas Elliman Real Estate $365,000
Listed by Douglas Elliman Real Estate

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 1,233
  • Building Area: 1,233
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 1,233
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000320
  • Standard Land Use Code: 1012
  • County Land Use Code: 260
  • Legal Description 1: N-JOHNSON & ORS S-MARCUCCI E-WAKEMAN RD W-MC CABE

Neighborhood

  • School District Name: Hampton Bays Union Free School District
  • School Tax School District: HAMPTON BAYS
  • Census Tract: 190604

Zoning

  • Zoning: R20

Geography

  • District: 0900-2
  • Section: 268.00
  • Parcel: 0900-268.00-02.00-032.000
  • Block: 2
  • Lot: 32.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.8679
  • Longitude: -72.5065

    Address

  • Full Address: 85 Wakeman Rd
  • Address - House Number: 85
  • Address - Street Name: Wakeman
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Hampton Bays
  • Carrier Code: C004
  • 4-Digit Zip Code: 2679
  • Zip Code: 11946

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $538,584
  • Tax Rate Code Area: 473605

    Appraisal Valuation

  • Standard Deviation: 0.2728
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 60
  • Final Value: 769,222
  • High Value: 979,102
  • Low Value: 559,341

    Market Valuation

  • Market Total Value: $502,015
  • Market Land Value: $257,986
  • Market Improvement Value: $244,029

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $348,900
  • Assessed Land Value: $179,300
  • Assessed Improvements Value: $169,600

    Sales

  • Current Sale Contract Date: Jul 16, 2014
  • Current Sale Recording Date: Nov 12, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
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

$659

Below Asking

0.03%

Average Days on Market

109

Average Home Size

2272 ft²

Average Home Age

36.7 years

Currently For Sale

78 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 69 School, Southampton, NY, 11946

$30,000 /mo

  • 5 Beds
  • 3 Baths
69 School, Southampton, NY, 11946 Listing by Mariana Nunes
Unit for rent at 35 Bay Avenue W, Hampton Bays, NY, 11946

$28,000 /mo

  • 4 Beds
  • 3 Baths
  • 2,221 ft²
35 Bay Avenue W, Hampton Bays, NY, 11946 Listing by Constance Porto
Unit for rent at 48 Oakhurst Road, Hampton Bays, NY, 11946

$28,000 /mo

  • 3 Beds
  • 3 Baths
  • 2,509 ft²
48 Oakhurst Road, Hampton Bays, NY, 11946 Listing by Denise E. Rosko

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 85 Wakeman Road built and last sold?
The property at 85 Wakeman Road was built in 1986 and last sold on Jul 16, 2014 for $342,500.
How much is this home worth?
The estimated value of the home located at 85 Wakeman Road is $392,198.
What are some comparable homes to 85 Wakeman Road?
There are currently no comparable homes to 85 Wakeman Road.
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