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Amagansett 11930
9 Southview
$3,500,000
● House - Off Market

9 Southview

East Hampton, NY 11930
bedrooms
4 Beds
bathrooms
4 Baths
$5,124,559
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

This Beautiful And Stylish 3,500+/- Square Foot Modern On .92 Acre Lot Is Tucked Away On A Quiet Street Off Of Further Lane And So Close To The Ocean You Can Hear The Waves Crash. The Immaculate Home Features 4 Bedrooms 4 Bathrooms, A Bright And Open Floor Plan That Includes A Double Height Living Room With Fireplace, A Spacious Eat-In Kitchen, Dining Area, And A Large First Floor Master Bedroom. There Is Also A Junior Master Suite On The Second Level.
Unit Size
-
Days on Market
-
Land Size
0.92 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,015
HOA Dues
-
Year Built
-

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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: 6 months ago (OneKey MLS #KEYL3075215)

Price History

Date / Event Date Event Price
Aug 8, 2019 Sold
Premium
Sold
May 28, 2019 In contract -
In contract
Apr 18, 2019 Price Decreased $3,495,000
↓ $500K (12.5%)
Price Decreased
Jan 30, 2019 Price Increased $3,995,000
↑ $500K (14.3%)
Price Increased
Oct 22, 2018 Listed by Douglas Elliman Real Estate $3,495,000
Listed by Douglas Elliman Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,075
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP PRINCIPI PARK
  • Land Acres: 0000000920
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Amagansett Union Free School District
  • School Tax School District: AMAGANSETT
  • Census Tract: 200906

Geography

  • District: 0300-1
  • Section: 166.00
  • Parcel: 0300-166.00-07.00-005.000
  • Block: 7
  • Lot: 5.000
  • Municipality: EAST HAMPTON
  • Latitude: 40.971
  • Longitude: -72.1463

    Address

  • Full Address: 9 Southview
  • Address - House Number: 9
  • Address - Street Name: Southview
  • State: NY
  • City Name: East Hampton
  • Zip Code: 11937

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472403

    Appraisal Valuation

  • Standard Deviation: 0.2488
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 3,286,975
  • High Value: 4,104,927
  • Low Value: 2,469,022

    Market Valuation

  • Market Total Value: $44,257
  • Market Land Value: $4,054
  • Market Improvement Value: $40,203

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,375
  • Assessed Land Value: $1,500
  • Assessed Improvements Value: $14,875

    Sales

  • Current Sale Contract Date: Aug 02, 2019
  • Current Sale Recording Date: Sep 11, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Amagansett

Stats & Trends

Median Asking:

$2,940,000

Sale Price/ft²

$1,769

Below Asking

0.02%

Average Days on Market

102

Average Home Size

2115 ft²

Average Home Age

53.2 years

Currently For Sale

9 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

Rentals Near You

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OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 9 Southview built and last sold?
The property at 9 Southview was built in and last sold on Aug 2, 2019 for $3,500,000.
How much is this home worth?
The estimated value of the home located at 9 Southview is $3,529,950.
What are some comparable homes to 9 Southview?
There are currently no comparable homes to 9 Southview.
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