$2,350,000
●
House -
For Sale
860 Hillcrest Drive
Southold, NY 11957
3 Beds
3 Baths,
1
Half Bath
2,700 Ft²
$12,439
Est. Monthly
About This Property
Set on a spacious, shy acre with open field views, this renovated
cedar-shingled farmhouse pairs classic North Fork character with a
comprehensive renovation and addition. An expansive wrap-around
porch drenched in light and enveloped in beautiful mature
hydrangeas gives the home an inviting presence, while the pool and
surrounding grounds make the most of its peaceful Orient
setting.
Inside, the three-bedroom, three-bath home features an open, light-filled floor plan designed for easy living and entertaining. Multiple sets of doors open directly to the deck and porch, creating a natural connection between the interior spaces, outdoor seating areas, pool, and landscape beyond. A bonus loft and finished lower level add valuable flexibility for guests, recreation, or work-from-home space.
The property offers a comfortable sense of space, privacy, and connection to its surroundings in one of Orient's most desirable pastoral locations.
Inside, the three-bedroom, three-bath home features an open, light-filled floor plan designed for easy living and entertaining. Multiple sets of doors open directly to the deck and porch, creating a natural connection between the interior spaces, outdoor seating areas, pool, and landscape beyond. A bonus loft and finished lower level add valuable flexibility for guests, recreation, or work-from-home space.
The property offers a comfortable sense of space, privacy, and connection to its surroundings in one of Orient's most desirable pastoral locations.
Unit Size
2,700 Ft²
Days on Market
21 days
Land Size
0.92 acres
Price per sqft
$870
Property Type
House
Property Taxes
$900
HOA Dues
-
Year Built
-
Listed By
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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: 11 days ago (OneKey MLS #KEY1056455)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2026 | Listed by Compass Greater NY LLC | $2,350,000 | |
| Listed by Compass Greater NY LLC | |||
| Sep 13, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Jul 2, 2024 | Price Decreased |
$1,375,000
↓ $70K
(4.8%) | |
| Price Decreased | |||
| Jun 3, 2024 | Price Decreased |
$1,445,000
↓ $54K
(3.6%) | |
| Price Decreased | |||
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Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Open Parking
Parking Features: Driveway
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: High Ceilings, Kitchen Island, Walk-In Closet(s), First Floor Bedroom, First Floor Full Bath, Formal Dining, Open Kitchen, Primary Bathroom
Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
Flooring Type: Hardwood
Rooms: 9
Has Fireplace
Fireplaces: 2
Basement: Finished, Full, Walk-Out Access
Exterior Details
Square Footage: 2700
Square Footage Source: $0
Architectural Style: Cape Cod
Year Built: 2001
Levels: Two
Other Structures: Shed(s)
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Covered, Patio, Porch, Wrap Around
Pool Features: Fenced, In Ground
Pool is Private
Lot Features: Back Yard, Front Yard, Landscaped, Sprinklers In Front, Sprinklers In Rear
Lot Size Area: 40075
Lot Size Units: Square Feet
Lot Size Acres: 0.92
Lot Size Square Feet: 40075
Water Source: Well
Financial Details
Tax Annual Amount: $10,800
Utilities Details
Cooling Type: Central Air
Heating Type: Electric, Forced Air
Sewer : Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Orient
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Last Updated: 11 days ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017