Check Availability
Water Mill 11976
986-988 Noyac Path
$4,590,000
Land - For Sale

986-988 Noyac Path

Water Mill, NY 11976
bedrooms
Studio
bathrooms
0 Bath
$22,538
Estimated Monthly

About This Property

986 & 988 Noyac Path offer an amazing opportunity to own two single & separate adjacent properties, each on 2.9 private acres and each with its own pre-existing accessory dwelling and infrastructure in place. Create the ultimate Hamptons compound. 2 main houses can be built up to 7K to 8K SF depending on keeping the existing dwelling as an accessory structure or not. Room for 2 tennis courts and 2 pools based on ultimate size of houses. Total clearing: 25%.
Unit Size
-
Days on Market
24 days
Land Size
5.80 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2009
Last updated: 24 days ago (NYSMLS #11277776)

Price History

Date / Event Date Event Price
May 9, 2024 Listed by Compass $4,590,000
Listed by Compass
Apr 16, 2024 Relisted $4,590,000
Relisted
Apr 11, 2024 No longer available -
No longer available
Nov 3, 2023 Listed by Compass $4,590,000
Listed by Compass
986 & 988 Noyac Path in the sylvan heights of Water Mill offer an amazing opportunity to own two adjacent properties, each on 2.9 private acres and each with its own architecturally significant residence created by world-renowned 1100 Architect. Buy them both and create the ultimate Hamptons compound. Each home offers complete privacy with endless possibilities. Imagine living in a marvel of modern design, while dreaming up and creating your own significantly larger home with all…
Oct 18, 2023 Sold to Joseph L Piana $1,280,000
Sold to Joseph L Piana
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Bedroom Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 129,809
  • Total Building Area: 1,100
  • Building Area: 1,100
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,100
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Land Acres: 2.98
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N-HIGHFIELD & ORS S-PADULA & ORS E-NOYAC PTH & ORS W-SETSUO

Ownership

  • Current Owner : PIANA JOSEPH L
  • Previous Owner : 986 NOYAC PATH LLC
  • Owner Before Previous Owner: ZAKEM ROBERT M
  • Owner Before Previous Owner 2: DEFEO RICHARD J
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Southampton Union Free School District
  • School Tax School District: SOUTHHAMPTON
  • Census Tract: 190712

Zoning

  • Zoning: CR80

Geography

  • District: 0900-0
  • Section: 35.00
  • Parcel: 0900-035.00-02.00-038.004
  • Block: 2
  • Lot: 38.004
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9566
  • Longitude: -72.3493

    Address

  • Full Address: 986 Noyac Path
  • Address - House Number: 986
  • Address - Street Name: Noyac
  • Address - Suffix Type: Path
  • State: NY
  • City Name: Water Mill
  • Zip Code: 11976

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Intital Tax Deliquent Year: 2014
  • Tax Rate Code Area: 473606

    Appraisal Valuation

  • Standard Deviation: 0.2149
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 986,976
  • High Value: 1,199,119
  • Low Value: 774,832

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $960,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Oct 18, 2023
  • First Open Lien Mortgage Loan Amount: $960,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 18, 2053

    Market Valuation

  • Market Total Value: $2,290,360
  • Market Land Value: $1,707,770
  • Market Improvement Value: $582,590

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,591,800
  • Assessed Land Value: $1,186,900
  • Assessed Improvements Value: $404,900

    Sales

  • Current Sale Contract Date: Sep 12, 2023
  • Current Sale Recording Date: Oct 18, 2023
  • Current Sale Transaction ID: 11922164519
  • Current Sale Price: $1,280,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 19, 2000
  • Previous Sale Contract Date: Apr 29, 2000
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • First Mortgage Transaction Date: Oct 18, 2023
  • First Mortgage Loan Amount: $960,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
8 Baths
-
$6,000,000 May 16, 2023
$6,000,000 Sep 12, 2023
$1,116/mo
House
4 Beds
4 Baths
2,329 ft²
$1,971/ft²
$4,590,000 Nov 3, 2023
-
-

About Water Mill


Similar Homes for Sale

Unit for sale at 986 Noyac Path, Water Mill, NY 11976

$4,590,000

  • 4 Beds
  • 4 Baths
  • 2,329 ft²
986 Noyac Path, Water Mill, NY 11976 Listing by Jack Pearson

Nearby Rentals



Frequently Asked Questions

When was property at 986 Noyac Path built and last sold?
The property at 986 Noyac Path was built in 2009 and last sold on Sep 12, 2023 for $1,280,000.
How much is this home worth?
The estimated value of the home located at 986 Noyac Path is $4,635,900.
What are some comparable homes to 986 Noyac Path?
Homes that are comparable to 986 Noyac Path include a house property at 986 Noyac Path, 988 Noyac Path, which are both great to check out.

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