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North Sea 11968
989 Majors Path
Photo of 989 Majors Path
Sold on Nov 22, 2024

20

Map

Photo of 989 Majors Path
Photo of 989 Majors Path
$1,500,000
● House - Off Market

989 Majors Path

Southampton, NY 11968
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,057 Ft²
$7,071
Est. Monthly

About This Property

JUST RENOVATED! Embraced by natural light and offering a West-facing backyard that captures breathtaking sunsets, this energy-efficient 3-bedroom, 2-bathroom home invites pure relaxation. The updated kitchen is a chef's dream, featuring a modern glass tile backsplash and sleek stainless-steel appliances. New Andersen windows and doors, solar panels, and elegant hardwood floors add to the home's allure. The lower level has been transformed into a retreat with an electric fireplace, ideal for movie nights, and offers access to outdoor seating and additional storage. Outside, enjoy an 18x36 pool surrounded by expansive decking, providing complete privacy and a fire pit patio area perfect for festive gatherings. Whether unwinding or entertaining, this home offers the perfect setting for every occasion.
Unit Size
1,057 Ft²
Days on Market
-
Land Size
0.88 acres
Price per sqft
$1,320
Property Type
House
Property Taxes
$221
HOA Dues
-
Year Built
1991

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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 months ago (OneKey MLS #KEYH6317569)

Price History

Date / Event Date Event Price
Nov 22, 2024 Listed by Serhant LLC $1,395,000
Listed by Serhant LLC
JUST RENOVATED! Embraced by natural light and offering a West-facing backyard that captures breathtaking sunsets, this energy-efficient 3-bedroom, 2-bathroom home invites pure relaxation. The updated kitchen is a chef's dream, featuring a modern glass tile backsplash and sleek stainless-steel appliances. New Andersen windows and doors, solar panels, and elegant hardwood floors add to the home's allure. The lower level has been transformed into a retreat with an electric fireplace, ideal for movie nights, and offers access to outdoor seating and additional storage. Outside, enjoy an 18x36 pool surrounded by expansive decking, providing complete privacy and a fire pit patio area perfect for festive gatherings. Whether unwinding or entertaining, this home offers the perfect setting for every occasion.
Nov 22, 2024 Sold
Premium
Sold
Aug 6, 2024 In contract -
In contract
Jul 10, 2024 Listed by Serhant LLC $1,395,000
Listed by Serhant LLC
Feb 10, 2023 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 38,333
  • Total Building Area: 1,037
  • Building Area: 1,037
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 1,037
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000880
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-BOSLEY S-STHPT PIST CLUB E-MAJORS PATH W-EDWARDS

Neighborhood

  • School District Name: Southampton Union Free School District
  • School Tax School District: SOUTHHAMPTON
  • Census Tract: 190706

Zoning

  • Zoning: R20

Geography

  • District: 0900-0
  • Section: 95.00
  • Parcel: 0900-095.00-02.00-040.000
  • Block: 2
  • Lot: 40.000
  • Municipality: SOUTHAMPTON
  • Latitude: 40.9233
  • Longitude: -72.4039

    Address

  • Full Address: 989 Majors Path
  • Address - House Number: 989
  • Address - Street Name: Majors
  • Address - Suffix Type: Path
  • State: NY
  • City Name: Southampton
  • Carrier Code: C013
  • 4-Digit Zip Code: 2421
  • Zip Code: 11968

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $272,002
  • Tax Rate Code Area: 473606

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 1,103,599
  • High Value: 1,262,812
  • Low Value: 944,385

    Market Valuation

  • Market Total Value: $890,791
  • Market Land Value: $552,230
  • Market Improvement Value: $338,561

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $619,100
  • Assessed Land Value: $383,800
  • Assessed Improvements Value: $235,300

    Sales

  • Current Sale Contract Date: Dec 07, 2022
  • Current Sale Recording Date: Feb 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 03, 2013
  • Previous Sale Contract Date: Nov 12, 2013
  • Previous Sale Amount: $424,870
  • Previous Sale Document Type: 33

    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 North Sea

Stats & Trends

Median Asking:

$2,700,000

Sale Price/ft²

$833

Below Asking

0.01%

Average Days on Market

75

Average Home Size

3081 ft²

Average Home Age

32.5 years

Currently For Sale

27 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 3 Meadowgrass Lane, Southampton, NY, 11968

$7,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,434 ft²
3 Meadowgrass Lane, Southampton, NY, 11968 Listing by Elizabeth Cordova Alata
Unit for rent at 484 N Magee Street, Southampton, NY, 11968

$7,500 /mo

  • 5 Beds
  • 2 Baths
  • 2,240 ft²
484 N Magee Street, Southampton, NY, 11968 Listing by Todd Jacobs
Unit for rent at 624 Noyack Road, Southampton, NY, 11968

$3,600 /mo

  • 2 Beds
  • 1 Bath
  • 2,600 ft²
624 Noyack Road, Southampton, NY, 11968 Listing by Elizabeth Cordova Alata

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 8 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 989 Majors Path built and last sold?
The property at 989 Majors Path was built in 1991 and last sold on Dec 7, 2022 for $1,100,000.
How much is this home worth?
The estimated value of the home located at 989 Majors Path is $0.
What are some comparable homes to 989 Majors Path?
There are currently no comparable homes to 989 Majors Path.
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