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About This Home

This 4-bedroom, 3-bathroom single family at 127 Inlet Road W in Hampton Bays, NY is listed for $3,500,000. Built in 1989, on a 0.80 acres lot.

Agent Description

Discover a rare investment compound just 100 yards from Peconic Bay beach access at the gateway to Southampton. Situated on a beautifully landscaped 0.80-acre parcel in the Hamlet of Shinnecock Hills, this unique property features five free-standing, year-round residences: a 4-bedroom, 3-bath main house and four additional renovated cottages (three 2-bedroom units and one 1-bedroom unit).

Each residence is well-appointed, separately metered, and offers private outdoor space, ensuring low owner overhead and high tenant satisfaction. Shared amenities include an outdoor shower, lush garden lounge areas, a productive vegetable/fruit garden, and ample storage for bikes and kayaks, supported by three large parking areas and shared laundry.

With a robust rental history and significant upside for repositioning as a boutique retreat, B&B, or high-end rental compound, this asset delivers immediate cash flow and long-term value-add potential. Located within the Tuckahoe School District with incredibly low annual taxes of approximately $5,977. Minutes from world-class dining, transportation, and ocean beaches, this is a premier East End portfolio piece. Some images have been virtually staged; unedited photos available upon request.

Key Features

  • Built in 1989
  • 0.80 acre lot

Property Details

3 full
1989

Amenities

A/C

Monthly Cost Estimate

$18,719/mo

20% down · 6.5% · 30 years

Principal$2,531
Interest$15,167
Insurance$1,021

Estimates only. Actual payments may vary.

Location

127 Inlet Road W

Hampton Bays, NY 11946

Property Details

Construction

Cedar Shingle Siding

Parking

OffsiteDriveway

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 4-bedroom, 3-bathroom single family at 127 Inlet Road W is listed at $3,500,000. The estimated monthly payment is $15,167 based on 20% down at 6.5% interest.

Key features include: Built in 1989, 0.80 acre lot.

This property is listed by Kimberly J. Cammarata and can be reached at 6314339992 or kimberly.cammarata@elliman.com.

KC

Kimberly J. Cammarata

Agent at Douglas Elliman Real Estate

(631) 433-9992

Listed by Douglas Elliman Real Estate · View on Broker Site

MLS# 993361· Source: listhub· Updated 31 days ago

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127 Inlet Road W, Hampton Bays, NY 11946

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