53 Shore Rd · Remsenburg-Speonk, NY 11960

$1,999,000

4 bd · 4.0 ba · 4,400 sqft · SingleFamily · 239 Days on market

Built 1929 Good condition $454/sqft · 40% below area Est $3357k · 40% under

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Why this score? — see what drove the A 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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +8.9/10.0
• Schools +4.8/10.0
• Condition / age +4.0/5.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0

Listing remarks MLS

Tucked away behind gated privet hedges lies 53 Shore Road, a stately property that harkens back to a more genteel time when spending lazy afternoons on a wicker-chair porch and gazing out at the hydrangea and rose-filled gardens was commonplace. Built in 1929, this pristinely maintained Dutch Colonial is sure to be a calming escape from today's hectic pace. The 4,400 +/- sq. ft. home perfectly blends Old World charm with modern amenities throughout. The showstopper is a massive stone fireplace, built from local stone, in the oversized English Country living room. The first floor also boasts a farm country kitchen, large dining room with built-ins, family room with a vaulted ceiling, full bath, and cozy dining area. On the second floor you'll enjoy a well-appointed primary suite with vaulted ceiling and ensuite bathroom, two guest bedrooms with shared bath, and fourth bedroom with private bathroom. There's also a large, sun-filled office with a wood vaulted ceiling and built-in desks that can also accommodate a gym, recreation space, or media room. A third-floor attic provides plenty of storage space. Head outside to enjoy the bay breezes, large deck (with an awning for shade), well-manicured lawn, mature specimen trees and gardens, and heated pool with stadium stairs. Water access for kayaking, swimming, and paddle boarding is down the street, and the property is only a quarter mile to the Westhampton Yacht Squadron. Fun factoid about Shore Road: a nearby home was once owned by playwright/lyricist Guy Bolton, who worked here with Alfred Hitchcock, Cole Porter, P.G. Wodehouse and other Broadway greats. "Anything Goes," "Anastasia," and "Psycho" were just a few of the theatrical hits that were written on this lovely street in the quaint hamlet of Remsenburg.

Key facts

• Garage
• Pool
• Built 1929

What this means for you Summary

Snapshot

• This is a 4-bed/4.0-bath single-family listed at $2.00M. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $15k ($181k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($37k rent vs $2.00M).
• Recommended offer: $1.76M (12.0% below list) — sets the bar for market timing.
• Cap rate 15.6% vs local median 7.2% in Remsenburg-Speonk — 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: area grade A — affects rentability + tenant quality, not the cash-flow math above.
• Remsenburg-Speonk Union Free School District (suburban): math 60% / reading 40% proficiency, ranked #389 of 755 in NY (top 52%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 10% free/reduced lunch — higher-income household profile.
• Market conditions: 40 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 1,366 units permitted in Suffolk County in 2024 (216 in 5+ unit buildings).

Forward outlook

• In year one you build about $170k of equity ($14k loan paydown + $156k appreciation (7.8% local appreciation)).
• Suffolk County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (7.8% appreciation + 3.0% rent growth), your $560k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$272k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 239 days — a 12% lower offer ($1.76M) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 8y ago; this cycle's ask has dropped $396k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo; built in 1929 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 80% chance of damaging wind over 30y — expect insurance premiums to compound above CPI over the hold.

Recommended offer $1,759,120 (12.0% below list)

Questions for the listing agent

1. It's been on market 239 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 1929 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.86% ✓
• Cap rate: 15.59%
• Cash-on-cash: 33.21%
• DSCR: 2.48
• GRM: 4.5

CMA / ARV

• ARV (median comp): $3,357,450
• List price: $1,999,000
• Delta: -40.46%
• Verdict: UNDERPRICED
• Comps: 17 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
49 Tuthill Ln	0.34mi	5/4.5 (+1)	3,900 (-11%)	8mo	$2,420,000	$621	52
108 S Country Rd	0.57mi	4/5.5	4,667 (+6%)	10mo	$2,750,000	$589	50
21 Rogers Ln	0.68mi	5/5.0 (+1)	3,978 (-10%)	1mo	$2,325,000	$584	42

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

Projected returns pro-forma

7.81% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 45.7%
• Equity multiple: 4.14×
• Total profit: $1,759,323
• Equity at exit: $1,492,741

10-year hold

• IRR: 41.2%
• Equity multiple: 8.85×
• Total profit: $4,392,717
• Equity at exit: $2,938,659

Cash invested: $559,720 (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.

Methodology + full state rankings →

ZIP-level market 11960

• Home prices YoY: 2.1%
• Active inventory: 40
• Price-to-rent: 4.5×

Monthly cashflow live

• Estimated rent: $37,095 high
• Mortgage (P&I): −$10,483
• Tax est. 1.5%: −$2,499 /mo · $29,985/yr
• Insurance: −$833
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$7,790
• Net cashflow: $15,064

Break-even live

Break-even rent $18,027

Max offer price $1,999,000

Occupancy floor 54%

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: $499,750
• Closing costs: $59,970
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
29 Basket Neck Ln Remsenburg, NY	4.0	4.5	4759	$9,000	$1.89	3d	1	1.08mi
3 Pine Grove Ct Westhampton, NY	4.0	3.5	3500	$35,000	$10.00	22d	1	1.12mi
8 Sweetgrass Rd Westhampton, NY	5.0	4.5	4050	$13,000	$3.21	1d	1	1.40mi
672 Dune Rd Westhampton Beach, NY	5.0	3.0	5044	$40,000	$7.93	24d	1	1.40mi
676 Dune Rd Westhampton Beach, NY	5.0	3.5	3445	$45,000	$13.06	24d	1	1.41mi
675 Dune Rd Westhampton Beach, NY	4.0	4.5	3400	$40,000	$11.76	24d	1	1.44mi
13 Buttercup Ln Westhampton, NY	3.0	4.5	3278	$25,000	$7.63	5d	1	1.44mi

Listing history 25 events

1. 2026-06-17
   status $1,999,000 Pending 239 DOM
2. 2026-06-16
   days on market $1,999,000 Active 239 DOM
3. 2026-06-15
   days on market $1,999,000 Active 238 DOM
4. 2026-06-13
   days on market $1,999,000 Active 236 DOM
5. 2026-06-13
   days on market $1,999,000 Active 235 DOM
6. 2026-06-09
   days on market $1,999,000 Active 232 DOM
7. 2026-06-08
   days on market $1,999,000 Active 231 DOM
8. 2026-06-07
   days on market $1,999,000 Active 230 DOM
9. 2026-06-04
   days on market $1,999,000 Active 227 DOM
10. 2026-06-03
    days on market $1,999,000 Active 226 DOM
11. 2026-06-02
    days on market $1,999,000 Active 225 DOM
12. 2026-06-01
    days on market $1,999,000 Active 224 DOM
13. 2026-05-31
    days on market $1,999,000 Active 223 DOM
14. 2026-04-27
    price $1,999,000 1816-char remark

    Show marketing remark (1816 chars)

    Tucked away behind gated privet hedges lies 53 Shore Road, a stately property that harkens back to a more genteel time when spending lazy afternoons on a wicker-chair porch and gazing out at the hydrangea and rose-filled gardens was commonplace. Built in 1929, this pristinely maintained Dutch Colonial is sure to be a calming escape from today's hectic pace. The 4,400 +/- sq. ft. home perfectly blends Old World charm with modern amenities throughout. The showstopper is a massive stone fireplace, built from local stone, in the oversized English Country living room. The first floor also boasts a farm country kitchen, large dining room with built-ins, family room with a vaulted ceiling, full bath, and cozy dining area. On the second floor you'll enjoy a well-appointed primary suite with vaulted ceiling and ensuite bathroom, two guest bedrooms with shared bath, and fourth bedroom with private bathroom. There's also a large, sun-filled office with a wood vaulted ceiling and built-in desks that can also accommodate a gym, recreation space, or media room. A third-floor attic provides plenty of storage space. Head outside to enjoy the bay breezes, large deck (with an awning for shade), well-manicured lawn, mature specimen trees and gardens, and heated pool with stadium stairs. Water access for kayaking, swimming, and paddle boarding is down the street, and the property is only a quarter mile to the Westhampton Yacht Squadron. Fun factoid about Shore Road: a nearby home was once owned by playwright/lyricist Guy Bolton, who worked here with Alfred Hitchcock, Cole Porter, P.G. Wodehouse and other Broadway greats. "Anything Goes," "Anastasia," and "Psycho" were just a few of the theatrical hits that were written on this lovely street in the quaint hamlet of Remsenburg.

15. 2026-03-09
    status Active 1816-char remark

    Show marketing remark (1816 chars)

    Tucked away behind gated privet hedges lies 53 Shore Road, a stately property that harkens back to a more genteel time when spending lazy afternoons on a wicker-chair porch and gazing out at the hydrangea and rose-filled gardens was commonplace. Built in 1929, this pristinely maintained Dutch Colonial is sure to be a calming escape from today's hectic pace. The 4,400 +/- sq. ft. home perfectly blends Old World charm with modern amenities throughout. The showstopper is a massive stone fireplace, built from local stone, in the oversized English Country living room. The first floor also boasts a farm country kitchen, large dining room with built-ins, family room with a vaulted ceiling, full bath, and cozy dining area. On the second floor you'll enjoy a well-appointed primary suite with vaulted ceiling and ensuite bathroom, two guest bedrooms with shared bath, and fourth bedroom with private bathroom. There's also a large, sun-filled office with a wood vaulted ceiling and built-in desks that can also accommodate a gym, recreation space, or media room. A third-floor attic provides plenty of storage space. Head outside to enjoy the bay breezes, large deck (with an awning for shade), well-manicured lawn, mature specimen trees and gardens, and heated pool with stadium stairs. Water access for kayaking, swimming, and paddle boarding is down the street, and the property is only a quarter mile to the Westhampton Yacht Squadron. Fun factoid about Shore Road: a nearby home was once owned by playwright/lyricist Guy Bolton, who worked here with Alfred Hitchcock, Cole Porter, P.G. Wodehouse and other Broadway greats. "Anything Goes," "Anastasia," and "Psycho" were just a few of the theatrical hits that were written on this lovely street in the quaint hamlet of Remsenburg.

16. 2026-02-12
    status Pending 1816-char remark

    Show marketing remark (1816 chars)

    Tucked away behind gated privet hedges lies 53 Shore Road, a stately property that harkens back to a more genteel time when spending lazy afternoons on a wicker-chair porch and gazing out at the hydrangea and rose-filled gardens was commonplace. Built in 1929, this pristinely maintained Dutch Colonial is sure to be a calming escape from today's hectic pace. The 4,400 +/- sq. ft. home perfectly blends Old World charm with modern amenities throughout. The showstopper is a massive stone fireplace, built from local stone, in the oversized English Country living room. The first floor also boasts a farm country kitchen, large dining room with built-ins, family room with a vaulted ceiling, full bath, and cozy dining area. On the second floor you'll enjoy a well-appointed primary suite with vaulted ceiling and ensuite bathroom, two guest bedrooms with shared bath, and fourth bedroom with private bathroom. There's also a large, sun-filled office with a wood vaulted ceiling and built-in desks that can also accommodate a gym, recreation space, or media room. A third-floor attic provides plenty of storage space. Head outside to enjoy the bay breezes, large deck (with an awning for shade), well-manicured lawn, mature specimen trees and gardens, and heated pool with stadium stairs. Water access for kayaking, swimming, and paddle boarding is down the street, and the property is only a quarter mile to the Westhampton Yacht Squadron. Fun factoid about Shore Road: a nearby home was once owned by playwright/lyricist Guy Bolton, who worked here with Alfred Hitchcock, Cole Porter, P.G. Wodehouse and other Broadway greats. "Anything Goes," "Anastasia," and "Psycho" were just a few of the theatrical hits that were written on this lovely street in the quaint hamlet of Remsenburg.

17. 2026-01-05
    price $2,149,000 1816-char remark

    Show marketing remark (1816 chars)

    Tucked away behind gated privet hedges lies 53 Shore Road, a stately property that harkens back to a more genteel time when spending lazy afternoons on a wicker-chair porch and gazing out at the hydrangea and rose-filled gardens was commonplace. Built in 1929, this pristinely maintained Dutch Colonial is sure to be a calming escape from today's hectic pace. The 4,400 +/- sq. ft. home perfectly blends Old World charm with modern amenities throughout. The showstopper is a massive stone fireplace, built from local stone, in the oversized English Country living room. The first floor also boasts a farm country kitchen, large dining room with built-ins, family room with a vaulted ceiling, full bath, and cozy dining area. On the second floor you'll enjoy a well-appointed primary suite with vaulted ceiling and ensuite bathroom, two guest bedrooms with shared bath, and fourth bedroom with private bathroom. There's also a large, sun-filled office with a wood vaulted ceiling and built-in desks that can also accommodate a gym, recreation space, or media room. A third-floor attic provides plenty of storage space. Head outside to enjoy the bay breezes, large deck (with an awning for shade), well-manicured lawn, mature specimen trees and gardens, and heated pool with stadium stairs. Water access for kayaking, swimming, and paddle boarding is down the street, and the property is only a quarter mile to the Westhampton Yacht Squadron. Fun factoid about Shore Road: a nearby home was once owned by playwright/lyricist Guy Bolton, who worked here with Alfred Hitchcock, Cole Porter, P.G. Wodehouse and other Broadway greats. "Anything Goes," "Anastasia," and "Psycho" were just a few of the theatrical hits that were written on this lovely street in the quaint hamlet of Remsenburg.

18. 2025-11-15
    price $2,295,000 1816-char remark

    Show marketing remark (1816 chars)

    Tucked away behind gated privet hedges lies 53 Shore Road, a stately property that harkens back to a more genteel time when spending lazy afternoons on a wicker-chair porch and gazing out at the hydrangea and rose-filled gardens was commonplace. Built in 1929, this pristinely maintained Dutch Colonial is sure to be a calming escape from today's hectic pace. The 4,400 +/- sq. ft. home perfectly blends Old World charm with modern amenities throughout. The showstopper is a massive stone fireplace, built from local stone, in the oversized English Country living room. The first floor also boasts a farm country kitchen, large dining room with built-ins, family room with a vaulted ceiling, full bath, and cozy dining area. On the second floor you'll enjoy a well-appointed primary suite with vaulted ceiling and ensuite bathroom, two guest bedrooms with shared bath, and fourth bedroom with private bathroom. There's also a large, sun-filled office with a wood vaulted ceiling and built-in desks that can also accommodate a gym, recreation space, or media room. A third-floor attic provides plenty of storage space. Head outside to enjoy the bay breezes, large deck (with an awning for shade), well-manicured lawn, mature specimen trees and gardens, and heated pool with stadium stairs. Water access for kayaking, swimming, and paddle boarding is down the street, and the property is only a quarter mile to the Westhampton Yacht Squadron. Fun factoid about Shore Road: a nearby home was once owned by playwright/lyricist Guy Bolton, who worked here with Alfred Hitchcock, Cole Porter, P.G. Wodehouse and other Broadway greats. "Anything Goes," "Anastasia," and "Psycho" were just a few of the theatrical hits that were written on this lovely street in the quaint hamlet of Remsenburg.

19. 2025-10-29
    status Active 1816-char remark

    Show marketing remark (1816 chars)

    Tucked away behind gated privet hedges lies 53 Shore Road, a stately property that harkens back to a more genteel time when spending lazy afternoons on a wicker-chair porch and gazing out at the hydrangea and rose-filled gardens was commonplace. Built in 1929, this pristinely maintained Dutch Colonial is sure to be a calming escape from today's hectic pace. The 4,400 +/- sq. ft. home perfectly blends Old World charm with modern amenities throughout. The showstopper is a massive stone fireplace, built from local stone, in the oversized English Country living room. The first floor also boasts a farm country kitchen, large dining room with built-ins, family room with a vaulted ceiling, full bath, and cozy dining area. On the second floor you'll enjoy a well-appointed primary suite with vaulted ceiling and ensuite bathroom, two guest bedrooms with shared bath, and fourth bedroom with private bathroom. There's also a large, sun-filled office with a wood vaulted ceiling and built-in desks that can also accommodate a gym, recreation space, or media room. A third-floor attic provides plenty of storage space. Head outside to enjoy the bay breezes, large deck (with an awning for shade), well-manicured lawn, mature specimen trees and gardens, and heated pool with stadium stairs. Water access for kayaking, swimming, and paddle boarding is down the street, and the property is only a quarter mile to the Westhampton Yacht Squadron. Fun factoid about Shore Road: a nearby home was once owned by playwright/lyricist Guy Bolton, who worked here with Alfred Hitchcock, Cole Porter, P.G. Wodehouse and other Broadway greats. "Anything Goes," "Anastasia," and "Psycho" were just a few of the theatrical hits that were written on this lovely street in the quaint hamlet of Remsenburg.

20. 2025-09-03
    status Pending 1816-char remark

    Show marketing remark (1816 chars)

    Tucked away behind gated privet hedges lies 53 Shore Road, a stately property that harkens back to a more genteel time when spending lazy afternoons on a wicker-chair porch and gazing out at the hydrangea and rose-filled gardens was commonplace. Built in 1929, this pristinely maintained Dutch Colonial is sure to be a calming escape from today's hectic pace. The 4,400 +/- sq. ft. home perfectly blends Old World charm with modern amenities throughout. The showstopper is a massive stone fireplace, built from local stone, in the oversized English Country living room. The first floor also boasts a farm country kitchen, large dining room with built-ins, family room with a vaulted ceiling, full bath, and cozy dining area. On the second floor you'll enjoy a well-appointed primary suite with vaulted ceiling and ensuite bathroom, two guest bedrooms with shared bath, and fourth bedroom with private bathroom. There's also a large, sun-filled office with a wood vaulted ceiling and built-in desks that can also accommodate a gym, recreation space, or media room. A third-floor attic provides plenty of storage space. Head outside to enjoy the bay breezes, large deck (with an awning for shade), well-manicured lawn, mature specimen trees and gardens, and heated pool with stadium stairs. Water access for kayaking, swimming, and paddle boarding is down the street, and the property is only a quarter mile to the Westhampton Yacht Squadron. Fun factoid about Shore Road: a nearby home was once owned by playwright/lyricist Guy Bolton, who worked here with Alfred Hitchcock, Cole Porter, P.G. Wodehouse and other Broadway greats. "Anything Goes," "Anastasia," and "Psycho" were just a few of the theatrical hits that were written on this lovely street in the quaint hamlet of Remsenburg.

21. 2025-08-01
    listed $2,395,000 Active 1816-char remark

    Show marketing remark (1816 chars)

    Tucked away behind gated privet hedges lies 53 Shore Road, a stately property that harkens back to a more genteel time when spending lazy afternoons on a wicker-chair porch and gazing out at the hydrangea and rose-filled gardens was commonplace. Built in 1929, this pristinely maintained Dutch Colonial is sure to be a calming escape from today's hectic pace. The 4,400 +/- sq. ft. home perfectly blends Old World charm with modern amenities throughout. The showstopper is a massive stone fireplace, built from local stone, in the oversized English Country living room. The first floor also boasts a farm country kitchen, large dining room with built-ins, family room with a vaulted ceiling, full bath, and cozy dining area. On the second floor you'll enjoy a well-appointed primary suite with vaulted ceiling and ensuite bathroom, two guest bedrooms with shared bath, and fourth bedroom with private bathroom. There's also a large, sun-filled office with a wood vaulted ceiling and built-in desks that can also accommodate a gym, recreation space, or media room. A third-floor attic provides plenty of storage space. Head outside to enjoy the bay breezes, large deck (with an awning for shade), well-manicured lawn, mature specimen trees and gardens, and heated pool with stadium stairs. Water access for kayaking, swimming, and paddle boarding is down the street, and the property is only a quarter mile to the Westhampton Yacht Squadron. Fun factoid about Shore Road: a nearby home was once owned by playwright/lyricist Guy Bolton, who worked here with Alfred Hitchcock, Cole Porter, P.G. Wodehouse and other Broadway greats. "Anything Goes," "Anastasia," and "Psycho" were just a few of the theatrical hits that were written on this lovely street in the quaint hamlet of Remsenburg.

22. 2025-07-29
    historical $2,395,000 1816-char remark

    Show marketing remark (1816 chars)

    Tucked away behind gated privet hedges lies 53 Shore Road, a stately property that harkens back to a more genteel time when spending lazy afternoons on a wicker-chair porch and gazing out at the hydrangea and rose-filled gardens was commonplace. Built in 1929, this pristinely maintained Dutch Colonial is sure to be a calming escape from today's hectic pace. The 4,400 +/- sq. ft. home perfectly blends Old World charm with modern amenities throughout. The showstopper is a massive stone fireplace, built from local stone, in the oversized English Country living room. The first floor also boasts a farm country kitchen, large dining room with built-ins, family room with a vaulted ceiling, full bath, and cozy dining area. On the second floor you'll enjoy a well-appointed primary suite with vaulted ceiling and ensuite bathroom, two guest bedrooms with shared bath, and fourth bedroom with private bathroom. There's also a large, sun-filled office with a wood vaulted ceiling and built-in desks that can also accommodate a gym, recreation space, or media room. A third-floor attic provides plenty of storage space. Head outside to enjoy the bay breezes, large deck (with an awning for shade), well-manicured lawn, mature specimen trees and gardens, and heated pool with stadium stairs. Water access for kayaking, swimming, and paddle boarding is down the street, and the property is only a quarter mile to the Westhampton Yacht Squadron. Fun factoid about Shore Road: a nearby home was once owned by playwright/lyricist Guy Bolton, who worked here with Alfred Hitchcock, Cole Porter, P.G. Wodehouse and other Broadway greats. "Anything Goes," "Anastasia," and "Psycho" were just a few of the theatrical hits that were written on this lovely street in the quaint hamlet of Remsenburg.

23. 2019-10-06
    historical
24. 2019-05-08
    price $1,650,000
25. 2018-10-23
    listed $1,850,000 New

ⓘ 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 6/10 Major FEMA zone AE · 57% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 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 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $445,139
• − Mortgage interest: −$111,975
• − Property taxes: −$29,985
• − Insurance: −$15,114
• − Repairs & maintenance: −$35,611
• − Management: −$35,611
• − Depreciation: −$58,153
• Taxable income: $158,691
• Est. tax owed @ 24.0%: −$38,086
• After-tax cash flow: $142,680/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 well-maintained Dutch Colonial offers a serene and charming living experience with a good condition score and minimal repairs needed. The property's location and curb appeal make it an attractive investment.

Value-add opportunities

• Resale Paint exterior — Fresh paint can enhance curb appeal and property value.
• Resale Replace gutters — Clean gutters improve property value and prevent water damage.
• Resale Update kitchen appliances — Modern appliances can increase the home's appeal and value.
• Resale Update bathrooms — Modern bathrooms can increase the home's appeal and value.
• Resale Landscaping improvements — Well-maintained landscaping can enhance curb appeal and property value.
• Rental HVAC system maintenance — A well-maintained HVAC system can attract tenants and increase rental value.
• Both Add smart home features — Smart home features can increase both resale and rental value by making the home more attractive to buyers and tenants.
• Both Add outdoor lighting — Outdoor lighting can enhance curb appeal and safety, making the home more attractive to buyers and tenants.

Renovation cost estimate screening

Value-add ROI direction

• Resale Paint exterior — Fresh paint can enhance curb appeal and property value. ↑
• Resale Replace gutters — Clean gutters improve property value and prevent water damage. ↑
• Resale Update kitchen appliances — Modern appliances can increase the home's appeal and value. ↑
• Resale Update bathrooms — Modern bathrooms can increase the home's appeal and value. ↑
• Resale Landscaping improvements — Well-maintained landscaping can enhance curb appeal and property value. ↑
• Rental HVAC system maintenance — A well-maintained HVAC system can attract tenants and increase rental value. ↑
• Both Add smart home features — Smart home features can increase both resale and rental value by making the home more attractive to buyers and tenants. ↑
• Both Add outdoor lighting — Outdoor lighting can enhance curb appeal and safety, making the home more attractive to buyers and tenants. ↑

ⓘ 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: Remsenburg-Speonk Union Free School District
• NCES district ID: 3624420
• Math proficiency: 60% ▲ 10.00%
• Reading proficiency: 40% ▼ -10.00%
• Median HH income: $79,972
• Composite: 47.7/100
• National rank: #4915
• State rank: #389 of 755 in NY

Livability — Remsenburg-Speonk

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Remsenburg-Speonk, NY
• City population: 1,346
• Population (ZIP): 1,037

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 (100%)
• Race & ethnicity: White 100%
• Common ancestry: Iranian 9% Romanian 8% Scotch-Irish 1%
• Foreign-born: 3%

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: ▲ 7.81%
• Current HPI: 386.454
• Rent YoY: —
• Metro: —
• 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

+8.1% since first listed

12 events — show timeline

• 2026-04-27 Price Changed $1,999,000 OneKey® MLS as Distributed by MLS Grid
• 2026-03-09 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2026-02-12 Pending — OneKey® MLS as Distributed by MLS Grid
• 2026-01-05 Price Changed $2,149,000 OneKey® MLS as Distributed by MLS Grid
• 2025-11-15 Price Changed $2,295,000 OneKey® MLS as Distributed by MLS Grid
• 2025-10-29 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2025-09-03 Pending — OneKey® MLS as Distributed by MLS Grid
• 2025-08-01 Listed $2,395,000 OneKey® MLS as Distributed by MLS Grid
• 2025-07-29 Coming Soon $2,395,000 OneKey® MLS as Distributed by MLS Grid
• 2019-10-06 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2019-05-08 Price Changed $1,650,000 OneKey® MLS as Distributed by MLS Grid
• 2018-10-23 Listed $1,850,000 OneKey® MLS as Distributed by MLS Grid