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.

Key Features

  • Built in 1989
  • 0.80 acre lot

Property Details

3 full
1989

Amenities

A/C
Listing 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.

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 $18,719 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

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

This property is listed by Kimberly J. Cammarata and can be reached at 6314339992.

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· 31 days on market

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127 Inlet Road W, Hampton Bays, NY 11946

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