88 Coldspring Point Road
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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%.
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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.
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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 |
|---|---|---|---|
| Jan 8, 2024 | Sold | ||
| Sold | |||
| Aug 12, 2021 | No longer available | - | |
| No longer available | |||
| Jun 22, 2021 | Listed by Compass | $3,195,000 | |
| Listed by Compass | |||
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Designer style meets an unrivaled waterfront location in this stunning, fully renovated four-bedroom, three-and-a-half-bathroom Southampton home featuring a private dock and direct access to Peconic Bay beaches. Beautifully positioned on Cold Spring Point Road - an ultra-private community where homes rarely change hands- this residence is surrounded by shimmering water vistas from the northwestern bay views to the canal and pond on the southeastern exposure. Located just minutes from four of the Hamptons' best golf courses, this exceptional home is an unrivaled destination for boaters, beachgoers and golfers alike. The 2,410-square-foot showplace embraces its commanding waterfront location with covered porches and balconies that encircle the two-story residence on both levels. Inside, you'll find gorgeous wide-plank white oak floors, abundant windows and tall ceilings dotted with designer lighting. The upper-level great room invites you to relax and entertain surrounded by vaulted ceilings, shiplap detailing, a wood-burning fireplace and glorious bay views. Two sets of sliding glass doors open to a wraparound deck, perfect for al fresco dining and after-dinner drinks alongside spectacular sunsets. The all-new gourmet kitchen dazzles with sleek cabinetry and a center island finished with Caesarstone counters, subway tile backsplashes, a classic farm sink and open shelving. Chefs will love the full suite of Thermador stainless steel appliances, including a vented six-burner range, dishwasher and built-in microwave. The gorgeous main-level owner's suite features an en suite marble bathroom with a wide double vanity, contemporary fixtures and a stunning wet room shower and freestanding soaking tub. Three more bedrooms and well-appointed bathrooms provide plenty of room for friends and family, while a mudroom ensures easy arrivals and departures. Spanning nearly a quarter-acre, the irrigated lot includes a landscaped front yard and your own private canal dock. A long driveway, additional parking pad and attached garage with E/V charger provide ample parking. This classic Hamptons-stye home's extensive updates include all new mechanicals, plumbing and electric, plus new windows and doors, new flooring, spray insulation and more. Smart home automation, integrated sound, zoned central HVAC and an alarm system with cameras add comfort and ease to this special Southampton retreat. This fine home is available furnished or unfurnished, and a Grady-White bow-rider boat may also be included in the sale. Cold Spring Point Road is a secluded lane nestled between the Great Peconic Bay and Cold Spring Pond. From here, you're just minutes from Sebonack Golf Club, The National, Shinnecock Hills Golf Club and Southampton Golf Club with Hamptons beaches and Southampton Village amenities within easy reach. The manager has listed the unit size as 2410 square feet.
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| Dec 9, 2016 | Sold | ||
| Sold | |||
| Nov 1, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017