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Peconic 11958
965 Smith Road
Photo of 965 Smith Road

14

Map

Photo of 965 Smith Road
Photo of 965 Smith Road
$675,000
● Land - In Contract

965 Smith Road

Southold, NY 11958
bedrooms
Studio
bathrooms
0 Bath
$3,404
Est. Monthly
$25
HOA / Fees

About This Property

A rare opportunity to own one of the last remaining vacant parcels in the highly desirable Indian Neck Park Association. This .32-acre lot offers the chance to create your own vision in a sought-after beach community, just a few houses down from the private association bay beach. Set within an established neighborhood surrounded by beautiful homes, this property provides a unique opportunity to build a new home tailored to your lifestyle and take advantage of the relaxed North Fork setting. Not in a flood zone, and a flat level lot. Enjoy private beach rights to the pristine white sandy Peconic Bay, all while being part of a well-established community. Opportunities to purchase vacant land in this neighborhood are exceptionally limited-this may be your chance to secure one of the last available lots and create something of your own!
Unit Size
-
Days on Market
-
Land Size
0.32 acres
Price per sqft
-
Property Type
Land
Property Taxes
$65
HOA Dues
$25
Year Built
-

Listed By

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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: 8 hours ago (OneKey MLS #KEY1059204)

Price History

Date / Event Date Event Price
Oct 28, 2026 In contract -
In contract
Oct 6, 2026 Listed by Daniel Gale Sothebys Intl Rlty $675,000
Listed by Daniel Gale Sothebys Intl Rlty
Jan 25, 2016 Sold
Premium
Sold

Property Highlights

Exterior Details
Building Area Units: Square Feet
Lot Size Area: 13939
Lot Size Units: Square Feet
Lot Size Acres: 0.32
Lot Size Square Feet: 13939
Financial Details
Tax Annual Amount: $775
Utilities Details
Sewer : None
Location Details
HOA Fee: $25

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: 13,939
  • 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: V
  • Land Acres: 0000000320
  • Standard Land Use Code: 8001
  • County Land Use Code: 311
  • Legal Description 1: BOOK 5 PAGE 00160 BILL 011459

Neighborhood

  • School District Name: Southold Union Free School District
  • School Tax School District: SOUTHOLD
  • Census Tract: 170006

Zoning

  • Zoning: R-40

Geography

  • Account Number: 10
  • District: 1000-0
  • Section: 98.00
  • Parcel: 1000-098.00-04.00-010.000
  • Block: 4
  • Lot: 10.000
  • Municipality: SOUTHOLD
  • Latitude: 41.027
  • Longitude: -72.4495

    Address

  • Full Address: 965 Smith Rd
  • Address - House Number: 965
  • Address - Street Name: Smith
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Peconic
  • Carrier Code: R001
  • 4-Digit Zip Code: 1626
  • Zip Code: 11958

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $70,882
  • Tax Rate Code Area: 473805

    Market Valuation

  • Market Total Value: $877
  • Market Land Value: $877

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $500
  • Assessed Land Value: $500

    Sales

  • Current Sale Contract Date: Dec 29, 2015
  • Current Sale Recording Date: Jan 25, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
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 Peconic

Stats & Trends

Median Asking:

$1,250,000

Sale Price/ft²

$587

Below Asking

0.01%

Average Days on Market

87

Average Home Size

2512 ft²

Average Home Age

71.8 years

Currently For Sale

5 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

Unit for rent at 875 Deerfoot Path, Cutchogue, NY, 11935

$10,000 /mo

  • 4 Beds
  • 4 Baths
  • 2,532 ft²
875 Deerfoot Path, Cutchogue, NY, 11935 Listing by Natalie Hough
Unit for rent at 415 Southern Cross, Southold, NY, 11935

$8,000 /mo

  • 2 Beds
  • 2 Baths
415 Southern Cross, Southold, NY, 11935 Listing by Erin R. Kaelin CBR
Unit for rent at 1600 Pine Tree Road, Cutchogue, NY, 11935

$10,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,012 ft²
1600 Pine Tree Road, Cutchogue, NY, 11935 Listing by Nancy J. Cervelli

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 8 hours ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 965 Smith Road built and last sold?
The property at 965 Smith Road was built in and last sold on Dec 29, 2015 for $240,000.
How much is this home worth?
The estimated value of the home located at 965 Smith Road is $681,750.
What are some comparable homes to 965 Smith Road?
There are currently no comparable homes to 965 Smith Road.
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