House For Sale •  Suffolk
Web ID # 36797


4 Beds • 3.5 Baths • 2,900 ft2  
Parking:  Outdoor
Total Rooms: 6

Building & Unit Features

  • Pool
  • Laundry
  • Storage
  • Roof Deck
  • Driveway
  • Pied a Terre
  • Fireplace
  • Hardwood
  • High Ceilings
  • Granite Kitchen
  • This magnificent 4 bedroom 3.5 bath contemporary located in Northwest Woods and a short distance to Sammy's Beach. Enter through the light filled living room with double height ceiling filled with windows and doors leading to the 20x40 pool and generous deck. The main floor features an open living space, wood burning fireplace, powder room, kitchen with cherry wood cabinets, granite counter tops, wine refrigerator and a separate dining room leading to a sun room with a Jacuzzi overlooking the Zen garden. In addition there are two en-suite bedrooms, the master bedroom has sliding doors to the deck. On the second level there are two bedrooms and a large bathroom. The 1.5 car garage has custom shelving and storage with the laundry room off the kitchen. This home has all the amenities, and a full height ceiling lower level which can be finished to serve as a playroom, media room or gym. If that is not enough, it's in a prime location in East Hampton, minutes to the village, trains, jitney and a few minutes to Sag Harbor .

    Lot size is a little under 3/4 of an acre.

    Rental rates are:
    $8,000 June
    $24,000 July
    $24,000 August
    $8,000 Sept
    $3,000 per month off season

    The annual expenses are ~$30,000 excluding the mortgage.
    Annual Taxes $7,000
    Insurance $4,000
    Utilities, Landscaping, Pool & Other $19,000

    NOI is $58,000, Cap Rate is 4.5%.

    Listing Agent

    Estimated Monthly Costs

    Est. Mortgage
    Monthly Total*
    * The estimated monthly costs provided by this caculator are for illustrative purposes only, with no guarantee regarding accuracy.

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