9 Canal Way

9 Canal Way has been categorized by the local assessors in Hampton Bays, NY as a residential type of property. The building on the property was first built in 2001 and is 23 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 9 Canal Way has 2,752 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 16,117 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The exterior walls of the building are made of wood. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. The property was last sold in May 3, 2021 for $1,450,000. That's $526.89 per sqft. Prior to that sales transaction, the property was also sold in Feb 18, 2000 for $455,000. 9 Canal Way was last assessed in 2023. The total value of the property was assessed at $1,082,000. Specifically, the land the property is located on was valued at $573,600. While improvements on the property were assessed at a total of $508,400. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $11,660. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.