67 North Rd Unit A · Hampton Bays, NY 11946

$625,000

2 bd · 1.0 ba · 800 sqft · Condo · 347 Days on market

Built 1960 Good condition $406/mo HOA

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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 +23.8/30.0
• DSCR +7.7/10.0
• ARV discount +7.5/15.0
• 1% rule +7.0/10.0
• Rent growth +5.0/5.0
• Schools +4.0/10.0
• Condition / age +4.0/5.0
• Livability +3.4/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Indulge in the quintessential Hampton lifestyle at this exquisite, secluded waterfront seasonal cottage community overlooking the breathtaking Great Peconic Bay. Escape the hustle and bustle of urban living and immerse yourself in a tranquil summer haven while you work remotely from home. Your children can safely frolic in the enclosed landscaped grounds and enjoy the playground. Experience the epitome of a Hampton's summer as you unwind on your private beach, glide along the bay in your tandem kayak, take a refreshing dip in the sparkling pool, or unwind in the gazebo while witnessing awe-inspiring sunsets. For the sports enthusiasts, there are pickleball and tennis courts, as well as a basketball hoop perched atop the bluff. This charming cottage has been meticulously renovated inside and out, boasting an open-concept design, elegant shiplap walls, new windows, central air/heat, a modern stainless steel kitchen adorned with granite countertops and a marble/shell backsplash, oak flooring throughout, a cozy dining area, two inviting bedrooms, and a luxurious marble/granite bathroom. Step outside onto the expansive brick patio, complete with access to ample storage behind the foundation walls. Pets are warmly welcomed, and private and guest parking are readily available. Laundry facilities are conveniently located on the premises. With Board approval, the cottage can be expanded by up to 25%. Situated close to a myriad of restaurants, art galleries, and boutique shops, this is an opportunity not to be missed. Don't let this chance slip away-make this slice of the Hamptons yours today!, Additional information: ExterioFeatures:Tennis,Interior Features:Lr/Dr,Marble Bath

Key facts

• Pickleball courts
• Gazebo
• Private beach

Tags

• WATERFRONT SEASONAL COTTAGE
• PRIVATE BEACH
• GAZEBO
• PICKLEBALL COURTS
• TENNIS COURTS
• BASKETBALL HOOP

🏢 Co-op / cooperative unit. The $625,000 price buys shares in the cooperative corporation, not the real estate itself — so it isn't comparable to a fee-simple sale price, and the cashflow / cap-rate / 1%-rule cards below (which assume you own the property and can rent it out) don't apply here. Expect board approval and a monthly maintenance fee on top of the price.

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $625k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $1k ($14k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($8k rent vs $625k).
• Recommended offer: $550k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.6% vs local median 6.4% in Hampton Bays — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 68/100 on livability (#551 in NY) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, health & safety B+; Watch: amenities F, commute F, cost of living F.
• Hampton Bays Union Free School District (suburban): math 45% / reading 44% proficiency, ranked #434 of 590 in NY (top 74%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+16.1%/yr); 173 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 43% 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 $7,502/mo this rent would consume 67% of the median local household income ($134k/yr) (locally 199% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $4k of loan paydown is wiped out by about $19k of value loss. Plan a longer hold.
• Suffolk County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $175k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 347 days — a 12% lower offer ($550k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 2y 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.

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 $550,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 347 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are B-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?
8. 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.
9. 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.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.20% ✓
• Cap rate: 8.60%
• Cash-on-cash: 8.24%
• DSCR: 1.37
• GRM: 6.9

CMA / ARV

• ARV (median comp): $401,516
• List price: $625,000
• Delta: 55.66%
• Verdict: OVERPRICED
• Comps: 8 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 2.1%
• Equity multiple: 1.09×
• Total profit: $15,237
• Equity at exit: $93,190

10-year hold

• IRR: 16.4%
• Equity multiple: 2.68×
• Total profit: $293,696
• Equity at exit: $54,039

Cash invested: $175,000 (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.

Methodology + full state rankings →

ZIP-level market 11946

• Home prices YoY: -20.3%
• Rents YoY: 16.1%
• Active inventory: 173
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $7,502 medium
• Mortgage (P&I): −$3,278
• Tax est. 1.5%: −$781 /mo · $9,375/yr
• Insurance: −$260
• HOA: −$406
• Vacancy / Maint / Mgmt: −$1,575
• Net cashflow: $1,201

Break-even live

Break-even rent $5,981

Max offer price $625,000

Occupancy floor 79%

Sensitivity live

Price	-10% $1,633	-5% $1,417	+0% $1,201	+5% $985	+10% $769
Rent	-10% $609	-5% $905	+0% $1,201	+5% $1,498	+10% $1,794
Rate	-1.0pp $1,516	-0.5pp $1,360	base $1,201	+0.5pp $1,039	+1.0pp $874

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: $156,250
• Closing costs: $18,750
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11A Oakhurst Rd Hampton Bays, NY	2.0	1.0	1000	$50,000	$50.00	25d	1	0.06mi
11 Oakhurst Rd Hampton Bays, NY	3.0	2.0	1056	$35,000	$33.14	25d	1	0.07mi
3 Windmill Ln Hampton Bays, NY	3.0	2.0	997	$5,500	$5.52	0d	1	0.31mi
12 Ridge Ln Hampton Bays, NY	2.0	1.0	900	$20,000	$22.22	44d	1	0.64mi
18 Canal St Hampton Bays, NY	2.0	1.0	584	$11,000	$18.84	20d	1	0.75mi
49 Canoe Place Rd #212 Hampton Bays, NY	1.0	1.0	672	$3,700	$5.51	44d	1	1.33mi
62 Canoe Place Rd #627 Hampton Bays, NY	2.0	1.0	661	$4,500	$6.81	44d	1	1.37mi

HOA detail condo

• Monthly dues: $406 · $4,872/yr
• Likely covers: waterlandscapingpool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 21 events

1. 2026-06-21
   days on market $625,000 Active 347 DOM
2. 2026-06-18
   days on market $625,000 Active 344 DOM
3. 2026-06-17
   days on market $625,000 Active 343 DOM
4. 2026-06-16
   days on market $625,000 Active 342 DOM
5. 2026-06-15
   days on market $625,000 Active 341 DOM
6. 2026-06-13
   days on market $625,000 Active 339 DOM
7. 2026-06-13
   days on market $625,000 Active 338 DOM
8. 2026-06-09
   days on market $625,000 Active 335 DOM
9. 2026-06-08
   days on market $625,000 Active 334 DOM
10. 2026-06-07
    days on market $625,000 Active 333 DOM
11. 2026-06-04
    days on market $625,000 Active 330 DOM
12. 2026-06-03
    days on market $625,000 Active 329 DOM
13. 2026-06-02
    days on market $625,000 Active 328 DOM
14. 2026-06-01
    days on market $625,000 Active 327 DOM
15. 2026-05-31
    days on market $625,000 Active 326 DOM
16. 2026-03-19
    status Active 1698-char remark

    Show marketing remark (1698 chars)

    Indulge in the quintessential Hampton lifestyle at this exquisite, secluded waterfront seasonal cottage community overlooking the breathtaking Great Peconic Bay. Escape the hustle and bustle of urban living and immerse yourself in a tranquil summer haven while you work remotely from home. Your children can safely frolic in the enclosed landscaped grounds and enjoy the playground. Experience the epitome of a Hampton's summer as you unwind on your private beach, glide along the bay in your tandem kayak, take a refreshing dip in the sparkling pool, or unwind in the gazebo while witnessing awe-inspiring sunsets. For the sports enthusiasts, there are pickleball and tennis courts, as well as a basketball hoop perched atop the bluff. This charming cottage has been meticulously renovated inside and out, boasting an open-concept design, elegant shiplap walls, new windows, central air/heat, a modern stainless steel kitchen adorned with granite countertops and a marble/shell backsplash, oak flooring throughout, a cozy dining area, two inviting bedrooms, and a luxurious marble/granite bathroom. Step outside onto the expansive brick patio, complete with access to ample storage behind the foundation walls. Pets are warmly welcomed, and private and guest parking are readily available. Laundry facilities are conveniently located on the premises. With Board approval, the cottage can be expanded by up to 25%. Situated close to a myriad of restaurants, art galleries, and boutique shops, this is an opportunity not to be missed. Don't let this chance slip away-make this slice of the Hamptons yours today!, Additional information: ExterioFeatures:Tennis,Interior Features:Lr/Dr,Marble Bath

17. 2026-01-05
    status Active 1698-char remark

    Show marketing remark (1698 chars)

    Indulge in the quintessential Hampton lifestyle at this exquisite, secluded waterfront seasonal cottage community overlooking the breathtaking Great Peconic Bay. Escape the hustle and bustle of urban living and immerse yourself in a tranquil summer haven while you work remotely from home. Your children can safely frolic in the enclosed landscaped grounds and enjoy the playground. Experience the epitome of a Hampton's summer as you unwind on your private beach, glide along the bay in your tandem kayak, take a refreshing dip in the sparkling pool, or unwind in the gazebo while witnessing awe-inspiring sunsets. For the sports enthusiasts, there are pickleball and tennis courts, as well as a basketball hoop perched atop the bluff. This charming cottage has been meticulously renovated inside and out, boasting an open-concept design, elegant shiplap walls, new windows, central air/heat, a modern stainless steel kitchen adorned with granite countertops and a marble/shell backsplash, oak flooring throughout, a cozy dining area, two inviting bedrooms, and a luxurious marble/granite bathroom. Step outside onto the expansive brick patio, complete with access to ample storage behind the foundation walls. Pets are warmly welcomed, and private and guest parking are readily available. Laundry facilities are conveniently located on the premises. With Board approval, the cottage can be expanded by up to 25%. Situated close to a myriad of restaurants, art galleries, and boutique shops, this is an opportunity not to be missed. Don't let this chance slip away-make this slice of the Hamptons yours today!, Additional information: ExterioFeatures:Tennis,Interior Features:Lr/Dr,Marble Bath

18. 2026-01-01
    historical 1698-char remark

    Show marketing remark (1698 chars)

    Indulge in the quintessential Hampton lifestyle at this exquisite, secluded waterfront seasonal cottage community overlooking the breathtaking Great Peconic Bay. Escape the hustle and bustle of urban living and immerse yourself in a tranquil summer haven while you work remotely from home. Your children can safely frolic in the enclosed landscaped grounds and enjoy the playground. Experience the epitome of a Hampton's summer as you unwind on your private beach, glide along the bay in your tandem kayak, take a refreshing dip in the sparkling pool, or unwind in the gazebo while witnessing awe-inspiring sunsets. For the sports enthusiasts, there are pickleball and tennis courts, as well as a basketball hoop perched atop the bluff. This charming cottage has been meticulously renovated inside and out, boasting an open-concept design, elegant shiplap walls, new windows, central air/heat, a modern stainless steel kitchen adorned with granite countertops and a marble/shell backsplash, oak flooring throughout, a cozy dining area, two inviting bedrooms, and a luxurious marble/granite bathroom. Step outside onto the expansive brick patio, complete with access to ample storage behind the foundation walls. Pets are warmly welcomed, and private and guest parking are readily available. Laundry facilities are conveniently located on the premises. With Board approval, the cottage can be expanded by up to 25%. Situated close to a myriad of restaurants, art galleries, and boutique shops, this is an opportunity not to be missed. Don't let this chance slip away-make this slice of the Hamptons yours today!, Additional information: ExterioFeatures:Tennis,Interior Features:Lr/Dr,Marble Bath

19. 2025-05-12
    listed $625,000 Active 1698-char remark

    Show marketing remark (1698 chars)

    Indulge in the quintessential Hampton lifestyle at this exquisite, secluded waterfront seasonal cottage community overlooking the breathtaking Great Peconic Bay. Escape the hustle and bustle of urban living and immerse yourself in a tranquil summer haven while you work remotely from home. Your children can safely frolic in the enclosed landscaped grounds and enjoy the playground. Experience the epitome of a Hampton's summer as you unwind on your private beach, glide along the bay in your tandem kayak, take a refreshing dip in the sparkling pool, or unwind in the gazebo while witnessing awe-inspiring sunsets. For the sports enthusiasts, there are pickleball and tennis courts, as well as a basketball hoop perched atop the bluff. This charming cottage has been meticulously renovated inside and out, boasting an open-concept design, elegant shiplap walls, new windows, central air/heat, a modern stainless steel kitchen adorned with granite countertops and a marble/shell backsplash, oak flooring throughout, a cozy dining area, two inviting bedrooms, and a luxurious marble/granite bathroom. Step outside onto the expansive brick patio, complete with access to ample storage behind the foundation walls. Pets are warmly welcomed, and private and guest parking are readily available. Laundry facilities are conveniently located on the premises. With Board approval, the cottage can be expanded by up to 25%. Situated close to a myriad of restaurants, art galleries, and boutique shops, this is an opportunity not to be missed. Don't let this chance slip away-make this slice of the Hamptons yours today!, Additional information: ExterioFeatures:Tennis,Interior Features:Lr/Dr,Marble Bath

20. 2024-03-08
    historical
21. 2024-02-12
    listed $625,000 Active

ⓘ 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 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥90°F today · 21 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $90,022
• − Mortgage interest: −$35,010
• − Property taxes: −$9,375
• − Insurance: −$3,125
• − Repairs & maintenance: −$7,202
• − Management: −$7,202
• − HOA: −$4,872
• − Depreciation: −$18,182
• Taxable income: $5,055
• Est. tax owed @ 24.0%: −$1,213
• After-tax cash flow: $13,201/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 · 12 photos

Good 80/100 Cosmetic rehab

This charming waterfront cottage is in excellent condition with a good location and a great view. It's move-in ready and would benefit from some minor updates to enhance its curb appeal and modernize the kitchen.

Value-add opportunities

• Both Paint exterior trim — Enhances curb appeal and value
• Both Replace patio furniture — Freshens up the outdoor space
• Resale Upgrade kitchen appliances — Modernizes the kitchen and appeals to buyers
• Both Install smart home devices — Enhances convenience and energy efficiency

Renovation cost estimate screening

Value-add ROI direction

• Both Paint exterior trim — Enhances curb appeal and value ↑
• Both Replace patio furniture — Freshens up the outdoor space ↑
• Resale Upgrade kitchen appliances — Modernizes the kitchen and appeals to buyers ↑
• Both Install smart home devices — Enhances convenience and energy efficiency ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Hampton Bays Union Free School District
• NCES district ID: 3613530
• Math proficiency: 45% ▼ -8.00%
• Reading proficiency: 44% ▼ -1.00%
• Median HH income: $70,274
• Composite: 40.18/100
• National rank: #3788
• State rank: #434 of 590 in NY

Livability — Hampton Bays

• Score: 68/100
• State rank: #551
• US rank: #9894

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hampton Bays, NY
• County: Suffolk County · 679,920 people
• City population: 15,819
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• Population (ZIP): 15,819
• Household income: $133,918
• Rent vs Own: 18.1% rent · 81.9% own
• Severe rent burden: 199.0

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: Majority White (62%)
• Race & ethnicity: White 62% Hispanic / Latino 32% Two or more races 13% Asian 3% Black 2%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Romanian 4% Slovak 2% Portuguese 2%
• Foreign-born: 26% · Canada, Jamaica, Guatemala
• Languages at home: 64% English-only · Spanish 29% Other Indo-European 2% French/Haitian/Cajun 2%

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: —

Market trends

• HPI YoY: ▼ -118.82%
• Current HPI: 467.2466
• Rent YoY: ▲ 16.07%
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• State GDP YoY: ▲ 2.60%
• F500 in state: 92

Industry mix (Fortune 500 HQ in NY)

Industry	F500 HQs	Revenue
▸Financial Services	10	$950B
▸Consumer Goods	9	$162B
▸Insurance	4	$225B
▸Telecommunications	2	$144B
▸Pharmaceuticals	2	$112B
▸Media / Entertainment	2	$69B

Price history

+0.0% since first listed

6 events — show timeline

• 2026-03-19 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2026-01-05 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2026-01-01 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2025-05-12 Listed $625,000 OneKey® MLS as Distributed by MLS Grid
• 2024-03-08 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2024-02-12 Listed $625,000 OneKey® MLS as Distributed by MLS Grid