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64 Hazelwood Ave
C Composite 57.23
Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +12.7/30.0
  • ARV discount +10.1/15.0
  • Appreciation +10.0/10.0
  • Schools +7.4/10.0
  • Condition / age +4.0/5.0
  • DSCR +3.8/10.0
  • 1% rule +3.6/10.0
  • Livability +3.2/5.0
  • Rent growth +2.5/5.0

$2,199,000

64 Hazelwood Ave · Westhampton Beach, NY 11978
3 bd · 1.0 ba · 1,713 sqft · SingleFamily public records · 159 Days on market
Built 2005 Good condition 0.46 ac lot $1284/sqft · 48% above area Est $2.333M · 6% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Fresh Design/Classic Hamptons Farmhouse: New Construction! With a Wow entrance, here's the best in Westhampton Beach living. Three bed, three and a half bath shingled classic is new from the ground up. Open kitchen with quartz countertops, European appliances, and designer touches. Ample living and dining space lead out to a mahogany deck, nearly one-half acre of land with planned pool. Three Bedrooms upstairs and a finishable 600 SF attic. finished basement with laundry and bath. Rogers beach! Video at 64hazelwoodavenue.

Key facts

  • Open staircase
  • Private backyard
  • Heated pool

Tags

STRIKING FOYEROPEN STAIRCASEFULLY FINISHED LOWER LEVELCUSTOM OPEN CONCEPT KITCHENPRIVATE BACKYARDHEATED POOL

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $2.20M. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-255 ($-3k/yr) — negative.
  • To cash-flow at today's rent, offer at most $2.16M (1.7% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $1.89M (14.0% below list).
  • Recommended offer: $1.89M (14.0% below list) — sets the bar for 1% rule.
  • Cap rate 6.2% vs local median 8.8% in Westhampton Beach — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

  • Location reads 64/100 on livability (#740 in NY) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+; Watch: amenities F, commute F, cost of living F.
  • Westhampton Beach Union Free School District (suburban): math 72% / reading 75% proficiency, ranked #81 of 590 in NY (top 14%) — strong family-tenant draw, lease renewals of 3-5y typical.
  • Zoned schools: Westhampton Beach Elementary School (math 67% / reading 67%, grade B+, #525 of 2,108 statewide, top 27%, 356 students, 43% FRL); Westhampton Middle School (math 61% / reading 63%, grade B+, #136 of 729 statewide, top 20%, 434 students, 26% FRL); Westhampton Beach Senior High School (math 90% / reading 96%, grade A+, #147 of 1,100 statewide, top 14%, 964 students, 24% FRL).
  • Market conditions: 146 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals lingering (median 115d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 91% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 1,366 units permitted in Suffolk County in 2024 (216 in 5+ unit buildings).
  • At $18,913/mo this rent would consume 181% of the median local household income ($125k/yr) (locally 19% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • In year one you build about $235k of equity ($15k loan paydown + $220k appreciation (10.0% local appreciation)).
  • Suffolk County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
  • By year 2, paydown + projected appreciation supports a ~$378k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 159 days — a 12% lower offer ($1.94M) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 7y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $1.22M; list at $2.20M implies a 80% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y — expect insurance premiums to compound above CPI over the hold.
Recommended offer $1,891,333 (14.0% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 159 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.86%
Cap rate
6.15%
Cash-on-cash
-0.50%
DSCR
0.98
GRM
9.7

CMA / ARV

ARV (median comp)
$2,333,059
List price
$2,199,000
Delta
-5.75%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 6 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
57 Hazelwood Ave 0.04mi 4/3.0 (+1) 1,768 (+3%) 6mo $840,000 $475 75
61 Rogers Ave 0.12mi 4/2.0 (+1) 1,592 (-7%) 4mo $1,185,000 $744 70
121 Aspatuck Rd 0.57mi 3/2.0 1,817 (+6%) 1mo $1,525,000 $839 59
310 Montauk Hwy 0.48mi 3/2.0 1,500 (-12%) 21mo $970,000 $647 35
4 Cooks Ln 0.61mi 4/2.0 (+1) 1,488 (-13%) 7mo $850,000 $571 35
121 Aspatuck Rd 0.57mi 3/2.0 1,939 (+13%) 18mo $1,375,000 $709 33

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
23.9%
Equity multiple
2.92×
Total profit
$1,181,661
Equity at exit
$1,981,033
10-year hold
IRR
21.2%
Equity multiple
6.67×
Total profit
$3,493,150
Equity at exit
$4,272,173

Cash invested: $615,720 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
15 Strongly Tenant-Friendly
State New York
15 Strongly Tenant-Friendly · D+10
County
— inherits STATE
City
— inherits STATE
NYC rent stabilization (~1M units); 2019 HSTPA strengthened tenant rights; courts deeply backlogged.
Balanced market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
5 active · 4 under contract
Months of supply
5.0 mo (20%/mo absorbed)
Median asking
$1,140,000 ($556/sqft)
Median days on market
406 d
This list price
100% of active listings are priced below it
ARV vs active asking
+144.9% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 11978

Home prices YoY
2.9%
Active inventory
146
Price-to-rent
9.7×

Monthly cashflow live

Estimated rent
$18,913 medium interval (Pro) →
Mortgage (P&I)
$11,532
Tax est. 1.5%
$2,749 /mo · $32,985/yr
Insurance
$916
HOA
$0
Vacancy / Maint / Mgmt
$3,972
Net cashflow
$-255

Break-even live

Break-even rent $19,236
Max offer price $2,162,063
Occupancy floor 96%

Sensitivity live

Price -10% $1,264 -5% $505 +0% $-255 +5% $-1,015 +10% $-1,775
Rent -10% $-1,749 -5% $-1,002 +0% $-255 +5% $492 +10% $1,239
Rate -1.0pp $852 -0.5pp $304 base $-255 +0.5pp $-825 +1.0pp $-1,405

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$549,750
Closing costs
$65,970
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 23 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
50 Hazelwood Ave Westhampton Beach, NY 3.0 2.0 1112 $17,500 $15.74 57d 1 0.12mi
4 Morris Ct Westhampton Beach, NY 4.0 3.5 1504 $30,000 $19.95 120d 1 0.13mi
69 Rogers Ave Westhampton Beach, NY 3.0 1.0 1400 $12,000 $8.57 84d 1 0.14mi
243 Sunset Ave Westhampton Beach, NY 4.0 2.0 1566 $28,000 $17.88 99d 1 0.59mi
12 Wayne Ct Westhampton, NY 4.0 2.0 1800 $17,000 $9.44 39d 1 0.60mi
35 Maple St Westhampton Beach, NY 3.0 2.5 1696 $28,000 $16.51 139d 1 0.64mi
42 Oak St Westhampton Beach, NY 3.0 2.0 1400 $30,000 $21.43 47d 1 0.69mi
20 Meeting House Rd Westhampton Beach, NY 4.0 3.0 1988 $15,000 $7.55 48d 1 0.69mi
34 Montauk Hwy #12 Westhampton, NY 2.0 3.0 1773 $18,000 $10.15 120d 1 0.77mi
64 Aspatuck Rd Westhampton Beach, NY 4.0 3.0 2157 $10,000 $4.64 139d 1 0.83mi
9 Deborah Dr Westhampton Beach, NY 4.0 2.5 2054 $22,500 $10.95 84d 1 0.84mi
31 Liberty St Westhampton Beach, NY 3.0 1.5 2000 $40,000 $20.00 139d 1 0.85mi
60 Aspatuck Rd Westhampton Beach, NY 4.0 3.0 2150 $10,000 $4.65 139d 1 0.87mi
24 Woodland Ave Westhampton Beach, NY 4.0 2.5 1926 $13,000 $6.75 83d 1 0.91mi
9 Ocame Ave Westhampton Beach, NY 4.0 3.0 1823 $10,000 $5.49 21d 1 0.94mi
44 Griffing Ave Westhampton Beach, NY 4.0 4.5 1825 $12,000 $6.58 114d 1 0.95mi
188 Main St Westhampton Beach, NY 2.0 2.5 1400 $5,000 $3.57 117d 1 1.16mi
19 Bishop Ave Westhampton, NY 3.0 2.0 1514 $15,000 $9.91 114d 1 1.17mi
23 Library Ave #3 Westhampton Beach, NY 2.0 2.5 1421 $8,000 $5.63 2d 1 1.35mi
3013 Mitchell Rd Westhampton Beach, NY 2.0 3.5 1500 $20,000 $13.33 120d 1 1.37mi
3047 Mitchell Rd Westhampton Beach, NY 2.0 2.5 1500 $65,000 $43.33 120d 1 1.43mi
3039 Mitchell Rd Westhampton Beach, NY 2.0 2.5 1728 $25,000 $14.47 51d 1 1.43mi
3041 Mitchell Rd Westhampton Beach, NY 2.0 3.0 1550 $15,000 $9.68 139d 1 1.43mi

Property features AI

Exterior

Parking
Driveway
Utilities
Septic tankElectricity connectedPropaneWater connected
Home design
Single family residence
Construction
Shingle siding constructionFull, finished basementFull attic with stairs and storage (unfinished)
Exterior features
Private vinyl poolShingle sidingNot waterfront

Interior

Kitchen
DishwasherFreezerGas ovenGas rangeRefrigeratorStainless steel appliancesWine refrigerator
Bedrooms
7 total rooms (includes bedrooms and living spaces)
Flooring
Wood floors
Bathrooms
3 full bathrooms1 half bathroom
Heating & cooling
Forced air heatingOther heating systemCentral air conditioningFireplace (1)
Interior features
Eat-in kitchenEntrance foyerKitchen islandOpen floorplan with open kitchenQuartz/Quartzite countertopsStorageWalk-in closet(s)Oversized windowsDeck and porch
Laundry & utility
Laundry roomWasher/dryer area in basementGas water heater

Listing history 50 events

  1. 2026-09-23
    days on market $2,199,000 Active 159 DOM
  2. 2026-09-22
    days on market $2,199,000 Active 158 DOM
  3. 2026-09-21
    days on market $2,199,000 Active 157 DOM
  4. 2026-09-20
    days on market $2,199,000 Active 156 DOM
  5. 2026-09-19
    days on market $2,199,000 Active 155 DOM
  6. 2026-09-18
    days on market $2,199,000 Active 154 DOM
  7. 2026-09-17
    days on market $2,199,000 Active 153 DOM
  8. 2026-09-16
    days on market $2,199,000 Active 152 DOM
  9. 2026-09-15
    days on market $2,199,000 Active 151 DOM
  10. 2026-09-14
    days on market $2,199,000 Active 150 DOM
  11. 2026-09-13
    days on market $2,199,000 Active 149 DOM
  12. 2026-09-12
    days on market $2,199,000 Active 148 DOM
  13. 2026-09-11
    days on market $2,199,000 Active 147 DOM
  14. 2026-09-05
    days on market $2,199,000 Active 141 DOM
  15. 2026-09-04
    days on market $2,199,000 Active 140 DOM
  16. 2026-09-02
    days on market $2,199,000 Active 138 DOM
  17. 2026-08-31
    days on market $2,199,000 Active 136 DOM
  18. 2026-08-30
    days on market $2,199,000 Active 135 DOM
  19. 2026-08-29
    days on market $2,199,000 Active 134 DOM
  20. 2026-08-28
    days on market $2,199,000 Active 133 DOM
  21. 2026-08-27
    days on market $2,199,000 Active 132 DOM
  22. 2026-08-26
    days on market $2,199,000 Active 131 DOM
  23. 2026-08-25
    days on market $2,199,000 Active 130 DOM
  24. 2026-08-24
    days on market $2,199,000 Active 129 DOM
  25. 2026-08-23
    days on market $2,199,000 Active 128 DOM
  26. 2026-08-22
    days on market $2,199,000 Active 127 DOM
  27. 2026-08-21
    days on market $2,199,000 Active 126 DOM
  28. 2026-08-20
    days on market $2,199,000 Active 125 DOM
  29. 2026-08-19
    days on market $2,199,000 Active 124 DOM
  30. 2026-08-18
    days on market $2,199,000 Active 123 DOM
  31. 2026-08-17
    days on market $2,199,000 Active 122 DOM
  32. 2026-08-16
    days on market $2,199,000 Active 121 DOM
  33. 2026-08-15
    days on market $2,199,000 Active 120 DOM
  34. 2026-08-14
    days on market $2,199,000 Active 119 DOM
  35. 2026-08-13
    days on market $2,199,000 Active 118 DOM
  36. 2026-08-12
    days on market $2,199,000 Active 117 DOM
  37. 2026-08-11
    days on market $2,199,000 Active 116 DOM
  38. 2026-08-10
    days on market $2,199,000 Active 115 DOM
  39. 2026-08-09
    days on market $2,199,000 Active 114 DOM
  40. 2026-08-08
    days on market $2,199,000 Active 113 DOM
  41. 2026-08-06
    days on market $2,199,000 Active 111 DOM
  42. 2026-08-05
    days on market $2,199,000 Active 110 DOM
  43. 2026-08-04
    days on market $2,199,000 Active 109 DOM
  44. 2026-08-03
    days on market $2,199,000 Active 108 DOM
  45. 2026-07-31
    days on market $2,199,000 Active 105 DOM
  46. 2026-07-30
    days on market $2,199,000 Active 104 DOM
  47. 2026-07-30
    days on market $2,199,000 Active 103 DOM
  48. 2026-07-28
    days on market $2,199,000 Active 102 DOM
  49. 2026-07-26
    days on market $2,199,000 Active 100 DOM
  50. 2026-07-24
    days on market $2,199,000 Active 98 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 4/10 Moderate 7 d/yr ≥90°F today · 19 d/yr by 30 yrs out
  • 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$226,960
− Mortgage interest
−$123,178
− Property taxes
−$32,985
− Insurance
−$10,995
− Repairs & maintenance
−$18,157
− Management
−$18,157
− Depreciation
−$63,971
Taxable loss
−$40,483
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$9,716
After-tax cash flow
$6,653/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 9 photos

Good 80/100 Cosmetic rehab Est. rehab $8,565–$25,695 screening

This home is in good condition with a fresh exterior and interior. It has a good curb appeal and is move-in ready.

Components & finishes AI

Roof shingle · good Flooring wood Appliances stainless steel

Deferred maintenance Est. $2,000–$8,000 screening

  • Minor Roof (roof) — No visible signs of damage or wear on the roof.
  • Minor Windows (windows) — No visible signs of damage or wear on the windows.
  • Minor Electrical (electrical) — No visible signs of damage or wear on the electrical components.
  • Minor Plumbing (plumbing) — No visible signs of damage or wear on the plumbing.

Value-add opportunities

  • Both Paint exterior and interior — Fresh paint enhances curb appeal and interior aesthetics
  • Both Landscaping and garden maintenance — Well-maintained landscaping and gardens improve curb appeal and attract potential buyers
  • Both Replace window treatments — Fresh window treatments improve curb appeal and interior aesthetics
  • Both Update light fixtures — Fresh light fixtures enhance curb appeal and interior aesthetics

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

B Composite school gradezoned avg 74/100

Zoned Schools

Elementary Westhampton Beach Elementary School B+ NY #525/2,108 Nat'l #4,366/41,679 Middle Westhampton Middle School B+ NY #136/729 Nat'l #1,545/14,009 High Westhampton Beach Senior High School A+ NY #147/1,100 Nat'l #235/17,239

Schools (NCES district)

District
Westhampton Beach Union Free School District
NCES district ID
3631020
Math proficiency
72% ▼ -5.00%
Reading proficiency
75% ▲ 3.00%
Median HH income
$88,137
Composite
65.91/100
National rank
#444
State rank
#81 of 590 in NY
C Composite livability gradescore 64/100

Livability — Westhampton Beach

Score
64/100
State rank
#740
US rank
#14093

Category grades

Amenities F Commute F Cost of living F Crime A+ Employment A+ Housing C Health & safety F User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Westhampton Beach, NY
County
Suffolk County · 1,505,262 people
City population
4,705
Metro
New York-Newark-Jersey City, NY-NJ-PA
Population (ZIP)
4,705
Household income
$125,179
Rent vs Own
11.8% rent · 88.2% own
Severe rent burden
19% of renters

Population outlook (Suffolk County) Hauer SSP2

Today (2025)
1,505,262 people
By 2030
1,498,318 · -0.5%
By 2040
1,471,101 · -2.3%
By 2050
1,424,848 · -5.3%
By 2075
1,337,157 · -11.2%
By 2100
1,217,720 · -19.1%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (72%)
Race & ethnicity
White 72% Two or more races 14% Hispanic / Latino 11% Black 6% Asian 2%
Hispanic origin (detail)
Puerto Rican 1%
Common ancestry
Romanian 7% Scotch-Irish 2% Italian 2%
Foreign-born
14% · Canada, Jamaica, China
Languages at home
84% English-only · Spanish 10% Other Indo-European 2% Russian/Polish/Slavic 1%

Political lean MEDSL · Suffolk

2024 margin
Lean R (+10.0) · D 45.0% · R 55.0%
2008→2024 swing
-16.0pp toward R · 2008: 6.0pp · 2024: -10.0pp
All cycles
2024: R+10.0 2020: R+0.0 2016: R+8.2 2012: D+2.9 2008: D+6.0

Not yet ingested

Civics

Price history

+318.9% since first listed
10 events — show timeline
  • 2026-04-17 Listed $2,199,000 OneKey® MLS as Distributed by MLS Grid
  • 2020-10-29 Sold (Public Records) $1,220,000 Public Records
  • 2020-09-30 Sold (Public Records) $1,220,000 Public Records
  • 2020-09-11 Sold (MLS) $1,220,000 OneKey® MLS as Distributed by MLS Grid
  • 2020-05-19 Listing Removed OneKey® MLS as Distributed by MLS Grid
  • 2020-02-13 Listed $1,249,000 OneKey® MLS as Distributed by MLS Grid
  • 2019-11-07 Sold (Public Records) $450,000 Public Records
  • 2019-08-07 Sold (MLS) $450,000 OneKey® MLS as Distributed by MLS Grid
  • 2019-08-06 Pending OneKey® MLS as Distributed by MLS Grid
  • 2019-05-13 Listed $525,000 OneKey® MLS as Distributed by MLS Grid

Property tax history

+3.1%/yr

Latest (2025): $3,923 · +11.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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