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Montauk 11954
93 Benson Drive
$1,170,222
● House - Off Market

93 Benson Drive

East Hampton, NY 11954
bedrooms
4 Beds
bathrooms
2 Baths
$1,708,864
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

Located in the heart of Ditch Plains this 4 bedroom 2 bathroom beach house is perfect for entertaining with the open space floor plan, gourmet kitchen with sliding doors leading out to expansive decking with incredible water views that will never be obstructed. Lower level is completed with 1 bedroom with over sized living area, with doors leading into the 2 car garage. Half a mile to ocean beaches.Surfing, Fishing, Swimming -- enjoy it all.
Unit Size
-
Days on Market
-
Land Size
0.21 acres
Price per sqft
-
Property Type
House
Property Taxes
$458
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 #KEYL3180224)

Price History

Date / Event Date Event Price
Jul 2, 2020 Sold
Premium
Sold
Mar 30, 2020 Sold
Premium
Sold
Mar 25, 2020 In contract -
In contract
Jan 18, 2020 Price Decreased $1,195,000
↓ $60K (4.8%)
Price Decreased
Jan 4, 2020 Price Decreased $1,255,000
↓ $40K (3.1%)
Price Decreased
Show More

Property Highlights

Garage

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: 9,148
  • 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
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Montauk Union Free School District
  • School Tax School District: MONTAUK
  • Census Tract: 201007

Geography

  • District: 0300-0
  • Section: 30.00
  • Parcel: 0300-030.00-01.00-032.000
  • Block: 1
  • Lot: 32.000
  • Municipality: EAST HAMPTON
  • Latitude: 41.0459
  • Longitude: -71.9115

    Address

  • Full Address: 93 Benson Dr
  • Address - House Number: 93
  • Address - Street Name: Benson
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Montauk
  • Carrier Code: R002
  • 4-Digit Zip Code: 5207
  • Zip Code: 11954

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472406

    Appraisal Valuation

  • Standard Deviation: 0.2393
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 1,735,464
  • High Value: 2,150,815
  • Low Value: 1,320,113

    Market Valuation

  • Market Total Value: $15,000
  • Market Land Value: $1,081
  • Market Improvement Value: $13,919

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,550
  • Assessed Land Value: $400
  • Assessed Improvements Value: $5,150

    Sales

  • Current Sale Contract Date: Mar 31, 2020
  • Current Sale Recording Date: Jul 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 22, 2005
  • Previous Sale Contract Date: Apr 22, 2005
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: 27
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 Montauk

Stats & Trends

Median Asking:

$1,935,000

Sale Price/ft²

$1,056

Below Asking

0.05%

Average Days on Market

139

Average Home Size

2195 ft²

Average Home Age

48.7 years

Currently For Sale

21 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 93 Benson Drive built and last sold?
The property at 93 Benson Drive was built in and last sold on Mar 31, 2020 for $1,170,500.
How much is this home worth?
The estimated value of the home located at 93 Benson Drive is $1,206,950.
What are some comparable homes to 93 Benson Drive?
There are currently no comparable homes to 93 Benson Drive.
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