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7 Midhampton Ct
B- Composite 69.25
Why this score? — see what drove the B- 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 +25.1/30.0
  • DSCR +8.2/10.0
  • ARV discount +7.5/15.0
  • Appreciation +7.0/10.0
  • Schools +6.6/10.0
  • 1% rule +6.5/10.0
  • Livability +3.4/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0

$2,295,000

7 Midhampton Ct · Quogue, NY 11959
5 bd · 3.0 ba · 2,578 sqft · SingleFamily public records · 135 Days on market
Built 1997 100 ac lot

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

Listing remarks MLS

Beautiful Home & Entertainers Dream. Spacious 5 bed 3 bath in Quogue under $1M. Bright & light with walls of windows. Large EIK w/ ss appliances leading to living/dr w/ 18' ceilings & stone wood-.burning fireplace. 2100 sf wraparound deck w/ pool, gazebo, outdoor shower & spacious Har Tru tennis court. On Demand Hot Water system. Hydroponic A/C & Heat. Handicap Ramp w/1st flr. master + extra wide doors. 1000 gal. undergrnd propane tank. 20K generator for the whole house. www.7midhamptoncourt.com, Additional information: Appearance:Wonderful,Business Located At:,ExterioFeatures:Tennis,Interior Features:Lr/Dr,Rental Income:

Key facts

  • Private tennis court
  • Wraparound deck
  • Wide-open layout

Tags

PRIVATE ONE-ACRE LOTWIDE-OPEN LAYOUTOUTDOOR ENTERTAINING SPACESWRAPAROUND DECKOUTDOOR KITCHENPRIVATE TENNIS COURT

Property features AI

Finance

  • Other: Living area and building area reported as 2600 (per public records)

Exterior

  • Parking: Driveway; Private garage with garage door opener; 2-car garage
  • Security: Security system; Video cameras; Smoke detectors
  • Utilities: PSEG electric service; Propane available; Water connected; Cesspool sewer; Cable connected
  • Home design: Single-family residence; Updated/remodeled; Three or more levels
  • Construction: Cedar and wood siding; Built/updated prior to 2025 (updated/remodeled)
  • Exterior features: Garden; Gas grill; Tennis court(s); Deck with wrap-around porch; Gazebo; Private fenced in-ground outdoor pool

Interior

  • Kitchen: Dishwasher; ENERGY STAR qualified appliances; Gas range; Microwave; Oven; Range; Refrigerator; Stainless steel appliances; Wine refrigerator; Kitchen island; Quartz/Quartzite and stone counters; Eat-in kitchen; Chef's kitchen; Open kitchen
  • Bedrooms: Includes a first-floor bedroom
  • Flooring: Hardwood floors
  • Bathrooms: Four full bathrooms
  • Heating & cooling: Central air conditioning; Hot air heating; Propane heating; ENERGY STAR qualified equipment
  • Interior features: First-floor bedroom and full bath; Built-in features; Ceiling fans; Central vacuum; Chef's kitchen; Eat-in kitchen; Entrance foyer; High ceilings; Kitchen island; Open floorplan with open kitchen; Quartz/Quartzite and stone counters; Sauna; Storage; Walk-through kitchen; Walk-in closets; Wet bar; Floor-to-ceiling and oversized windows; Finished basement with storage and walk-out access; Laundry room
  • Laundry & utility: Washer; Washer/dryer hookup; Laundry room; Gas water heater

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 5-bed/3.0-bath single-family listed at $2.29M.

Deal economics

  • At list price, monthly cash flow is $5k ($61k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($26k rent vs $2.29M).
  • Recommended offer: $2.02M (12.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 67/100 on livability (#600 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.
  • Quogue Union Free School District (suburban): math 70% / reading 80% proficiency, ranked #125 of 755 in NY (top 17%) — strong family-tenant draw, lease renewals of 3-5y typical; only 4% free/reduced lunch — higher-income household profile.
  • Zoned schools: Quogue Elementary School (math 87% / reading 92%, grade A+, #45 of 2,108 statewide, top 3%, 84 students, 0% FRL) — zoned schools at 0% FRL track the district average.
  • Zoned-school proficiency averages 90% at this address vs 75% district-wide (+14 pts) — the actual schools serving this property are materially stronger than the Quogue Union Free School District average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: 37 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 27d 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 $108k of equity ($16k loan paydown + $92k appreciation (4.0% 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 (4.0% appreciation + 3.0% rent growth), your $643k cash investment doubles in ~4 years — after that, you're playing with house money.
  • By year 2, paydown + projected appreciation supports a ~$174k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 135 days — a 12% lower offer ($2.02M) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 8y 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 $1.50M; list at $2.29M implies a 53% 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 $2,019,600 (12.0% below list)

Questions for the listing agent

  1. It's been on market 135 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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.
  6. 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.
  7. 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
1.15%
Cap rate
8.93%
Cash-on-cash
9.42%
DSCR
1.42
GRM
7.2

CMA / ARV

ARV (on-the-fly)
$1,340,560
Comps found
2
Show comp detail 2 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2 Box Tree Rd 0.54mi 4/2.5 (-1) 2,500 (-3%) 18mo $1,300,000 $520 48
61 W Side Ave 0.72mi 4/3.5 (-1) 2,408 (-7%) 13mo $925,000 $384 38

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

Projected returns pro-forma

4.01% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
18.7%
Equity multiple
2.13×
Total profit
$723,485
Equity at exit
$1,165,294
10-year hold
IRR
19.3%
Equity multiple
4.08×
Total profit
$1,977,880
Equity at exit
$1,907,287

Cash invested: $642,600 (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.

ZIP-level market 11959

Home prices YoY
1.1%
Active inventory
37
Price-to-rent
7.2×

Monthly cashflow live

Estimated rent
$26,461 high interval (Pro) →
Mortgage (P&I)
$12,035
Tax est. 1.5%
$2,869 /mo · $34,425/yr
Insurance
$956
HOA
$0
Vacancy / Maint / Mgmt
$5,557
Net cashflow
$5,044

Break-even live

Break-even rent $20,076
Max offer price $2,295,000
Occupancy floor 76%

Sensitivity live

Price -10% $6,630 -5% $5,837 +0% $5,044 +5% $4,251 +10% $3,458
Rent -10% $2,954 -5% $3,999 +0% $5,044 +5% $6,089 +10% $7,134
Rate -1.0pp $6,200 -0.5pp $5,628 base $5,044 +0.5pp $4,449 +1.0pp $3,844

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
$573,750
Closing costs
$68,850
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 14 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3 Cherry Blossom Ln East Quogue, NY 5.0 4.5 3632 $40,000 $11.01 45d 1 0.49mi
8 Paynes Ln East Quogue, NY 4.0 2.0 1776 $18,000 $10.14 45d 1 0.59mi
718 Montauk Hwy East Quogue, NY 5.0 2.0 2500 $25,000 $10.00 26d 1 0.65mi
15 Fox Hollow Dr East Quogue, NY 6.0 5.0 3375 $27,500 $8.15 9d 1 0.66mi
114 Spinney Rd East Quogue, NY 4.0 3.0 2201 $18,000 $8.18 20d 1 0.75mi
1 Whippoorwill Ln East Quogue, NY 4.0 4.0 2483 $29,000 $11.68 7d 1 0.78mi
16 Vail Ave East Quogue, NY 5.0 2.0 1796 $4,500 $2.51 45d 1 0.90mi
10 Fox Hollow Dr East Quogue, NY 4.0 3.5 2750 $30,000 $10.91 45d 1 0.95mi
99 Spinney Rd East Quogue, NY 5.0 4.5 3512 $95,000 $27.05 26d 1 1.00mi
69 Whippoorwill Ln Patchogue, NY 4.0 4.0 2945 $20,000 $6.79 0d 1 1.17mi
36 Walker Ave East Quogue, NY 5.0 3.0 2500 $23,000 $9.20 9d 1 1.19mi
2 Bayside Ave East Quogue, NY 4.0 3.0 2280 $80,000 $35.09 24d 1 1.29mi
21 Bayside Ave East Quogue, NY 4.0 3.0 2900 $14,000 $4.83 45d 1 1.32mi
50 Old Main Rd Quogue, NY 4.0 4.5 3702 $30,000 $8.10 26d 1 1.43mi

Listing history 17 events

  1. 2026-04-27
    status Pending
  2. 2025-12-13
    listed $2,295,000 Active
  3. 2021-09-07
    soldstatus $1,500,000
  4. 2020-07-14
    soldstatus $915,000
  5. 2020-03-25
    status Pending 649-char remark
    Show marketing remark (649 chars)

    Beautiful Home & Entertainers Dream. Spacious 5 bed 3 bath in Quogue under $1M. Bright & light with walls of windows. Large EIK w/ ss appliances leading to living/dr w/ 18' ceilings & stone wood-.burning fireplace. 2100 sf wraparound deck w/ pool, gazebo, outdoor shower & spacious Har Tru tennis court. On Demand Hot Water system. Hydroponic A/C & Heat. Handicap Ramp w/1st flr. master + extra wide doors. 1000 gal. undergrnd propane tank. 20K generator for the whole house. www.7midhamptoncourt.com, Additional information: Appearance:Wonderful,Business Located At:,ExterioFeatures:Tennis,Interior Features:Lr/Dr,Rental Income:

  6. 2020-03-12
    status Under Contract 649-char remark
    Show marketing remark (649 chars)

    Beautiful Home & Entertainers Dream. Spacious 5 bed 3 bath in Quogue under $1M. Bright & light with walls of windows. Large EIK w/ ss appliances leading to living/dr w/ 18' ceilings & stone wood-.burning fireplace. 2100 sf wraparound deck w/ pool, gazebo, outdoor shower & spacious Har Tru tennis court. On Demand Hot Water system. Hydroponic A/C & Heat. Handicap Ramp w/1st flr. master + extra wide doors. 1000 gal. undergrnd propane tank. 20K generator for the whole house. www.7midhamptoncourt.com, Additional information: Appearance:Wonderful,Business Located At:,ExterioFeatures:Tennis,Interior Features:Lr/Dr,Rental Income:

  7. 2020-03-05
    soldstatus $22,000 Closed 649-char remark
    Show marketing remark (649 chars)

    Beautiful Home & Entertainers Dream. Spacious 5 bed 3 bath in Quogue under $1M. Bright & light with walls of windows. Large EIK w/ ss appliances leading to living/dr w/ 18' ceilings & stone wood-.burning fireplace. 2100 sf wraparound deck w/ pool, gazebo, outdoor shower & spacious Har Tru tennis court. On Demand Hot Water system. Hydroponic A/C & Heat. Handicap Ramp w/1st flr. master + extra wide doors. 1000 gal. undergrnd propane tank. 20K generator for the whole house. www.7midhamptoncourt.com, Additional information: Appearance:Wonderful,Business Located At:,ExterioFeatures:Tennis,Interior Features:Lr/Dr,Rental Income:

  8. 2019-10-07
    price $990,000 649-char remark
    Show marketing remark (649 chars)

    Beautiful Home & Entertainers Dream. Spacious 5 bed 3 bath in Quogue under $1M. Bright & light with walls of windows. Large EIK w/ ss appliances leading to living/dr w/ 18' ceilings & stone wood-.burning fireplace. 2100 sf wraparound deck w/ pool, gazebo, outdoor shower & spacious Har Tru tennis court. On Demand Hot Water system. Hydroponic A/C & Heat. Handicap Ramp w/1st flr. master + extra wide doors. 1000 gal. undergrnd propane tank. 20K generator for the whole house. www.7midhamptoncourt.com, Additional information: Appearance:Wonderful,Business Located At:,ExterioFeatures:Tennis,Interior Features:Lr/Dr,Rental Income:

  9. 2019-06-13
    historical
  10. 2019-06-11
    listed $999,000 New
  11. 2019-03-07
    listed $999,000 New 649-char remark
    Show marketing remark (649 chars)

    Beautiful Home & Entertainers Dream. Spacious 5 bed 3 bath in Quogue under $1M. Bright & light with walls of windows. Large EIK w/ ss appliances leading to living/dr w/ 18' ceilings & stone wood-.burning fireplace. 2100 sf wraparound deck w/ pool, gazebo, outdoor shower & spacious Har Tru tennis court. On Demand Hot Water system. Hydroponic A/C & Heat. Handicap Ramp w/1st flr. master + extra wide doors. 1000 gal. undergrnd propane tank. 20K generator for the whole house. www.7midhamptoncourt.com, Additional information: Appearance:Wonderful,Business Located At:,ExterioFeatures:Tennis,Interior Features:Lr/Dr,Rental Income:

  12. 2019-02-01
    historical
  13. 2018-11-07
    price $990,999
  14. 2018-07-14
    listed $999,999 New
  15. 2018-05-29
    historical
  16. 2018-03-09
    listed $1,175,000 New
  17. 2002-05-08
    soldstatus $575,000

ⓘ 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 2/10 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 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$317,533
− Mortgage interest
−$128,556
− Property taxes
−$34,425
− Insurance
−$11,475
− Repairs & maintenance
−$25,403
− Management
−$25,403
− Depreciation
−$66,764
Taxable income
$25,509
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$6,122
After-tax cash flow
$54,407/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.

Schools (NCES district)

District
Quogue Union Free School District
NCES district ID
3624060
Math proficiency
70% ▼ -10.00%
Reading proficiency
80% ▬ 0.00%
Median HH income
$66,746
Composite
66.09/100
National rank
#960
State rank
#125 of 755 in NY

Livability — Quogue

Score
67/100
State rank
#600
US rank
#10895

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
Quogue, NY
City population
576
Population (ZIP)
576

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 (71%)
Race & ethnicity
White 71% Two or more races 23% Hispanic / Latino 23% Black 3%
Hispanic origin (detail)
Common ancestry
Italian 21% Portuguese 7% Scotch-Irish 4%
Foreign-born
18% · Canada
Languages at home
83% English-only · Spanish 17%

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
▲ 4.01%
Current HPI
364.8746
Rent YoY
Metro
State GDP YoY
▲ 2.60%
F500 in state
92

Industry mix (Fortune 500 HQ in NY)

Industry F500 HQs Revenue

Price history

+299.1% since first listed
17 events — show timeline
  • 2026-04-27 Pending OneKey® MLS as Distributed by MLS Grid
  • 2025-12-13 Listed $2,295,000 OneKey® MLS as Distributed by MLS Grid
  • 2021-09-07 Sold (Public Records) $1,500,000 Public Records
  • 2020-07-14 Sold (Public Records) $915,000 Public Records
  • 2020-03-25 Pending OneKey® MLS as Distributed by MLS Grid
  • 2020-03-12 Pending OneKey® MLS as Distributed by MLS Grid
  • 2020-03-05 Sold (MLS) $22,000 OneKey® MLS as Distributed by MLS Grid
  • 2019-10-07 Price Changed $990,000 OneKey® MLS as Distributed by MLS Grid
  • 2019-06-13 Listing Removed OneKey® MLS as Distributed by MLS Grid
  • 2019-06-11 Listed $999,000 OneKey® MLS as Distributed by MLS Grid
  • 2019-03-07 Listed $999,000 OneKey® MLS as Distributed by MLS Grid
  • 2019-02-01 Listing Removed OneKey® MLS as Distributed by MLS Grid
  • 2018-11-07 Price Changed $990,999 OneKey® MLS as Distributed by MLS Grid
  • 2018-07-14 Listed $999,999 OneKey® MLS as Distributed by MLS Grid
  • 2018-05-29 Listing Removed OneKey® MLS as Distributed by MLS Grid
  • 2018-03-09 Listed $1,175,000 OneKey® MLS as Distributed by MLS Grid
  • 2002-05-08 Sold (Public Records) $575,000 Public Records

Property tax history

-1.9%/yr

Latest (2025): $1,815 · +16.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…