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261 Madison St, Sag Harbor, NY, 11963

$3,500,000

5 Bedrooms
4 Full Baths
2,500 SqFt
$1,400/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
Year Built1900
HeatingNatural Gas
CoolingCentral Air, Wall/Window Unit(s)
BasementYes
MLS #806470
StatusActive

About 261 Madison St

Sag Harbor Village Compound with Main Home and Cottage Your unique opportunity to purchase 2 houses being sold together at this price each on separate adjacent lots in the heart of Sag Harbor Village. The cottage includes a cozy living room, eat-in-kitchen and one ensuite bedroom with a full bath. The private back yard is currently fenced for privacy or can be incorporated into the yard next door, a Classic refurbished two story Sag Harbor 4 Bed, 3 Bath home with a substantial yard and accessory building to be used as an artist studio, writer's retreat or a common gathering place for casual entertaining. See the listing at 263 Madison Street for details. The bedroom count above includes both properties and is a totaling .30 acres and 5 bedrooms. larger home is blessed with original yet impeccably maintained wide planked floors, moldings, doorways and stairwell yet the mechanicals are completely upgraded with an indirect natural gas heating/air-conditioning systems, and digital Honeywell temperature gauges. The demur entry leads to a spacious double living room with an ensuite bedroom,formal dining room or den and a grand kitchen measuring the full width of the home. The Baby Grand piano is an added plus. The second floor has 2 guest bedrooms and an oversized primary bedroom, numerous closets with an ensuite bath and a south east facing balcony for morning tea. Enjoy sitting or dining al fresco and grilling on the first floor back deck while looking over the lush yard. With proximity to Havens Beach, Long Beach( Foster Memorial) and pristine ocean beaches or a day of shopping and dining in Sag Harbor village, an outdoor shower or a future pool out back might be the fitting end to a perfect day in the Hamptons.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage, Traditional
  • Year Built: 1900
  • Living Area: 2,500 SqFt

Listing Office:

  • Office Name: Brown Harris Stevens Hamptons
  • Office Phone: (631) 537-2727

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • Basement: Yes
  • Interior: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Primary Bathroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Main Street Sag Harbor to Madison Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,500,000
  • Price Per SqFt: $1,400/SqFt

Tax Information:

  • Annual Amount: $1,345
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sag Harbor, NY.

Med. List Price

$2.4M

Med. Price/SqFt

$993

Avg. Days On Market

160

261 Madison St vs Sag Harbor

1 DAY ON ROCKET

-159 Days

$3,500,000

+$1.0M More

$1,400/SqFt

+$406 More

KEY TAKEAWAY

This property is $1.0M more than the Median List Price and $406/SqFt more than other homes in Sag Harbor, NY.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY2
  • MLS Number: #806470

Listing Office:

  • Office Name: Brown Harris Stevens Hamptons
  • Office Phone: (631) 537-2727

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/18/2024, 11:11:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,345$492,200
2019$2,637$492,200
2018$2,766$481,600

History based on county public records data.

Payment Calculator

$17.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.5K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4523203
6
/10
  • Sag Harbor Elementary School

  • 68 Hampton St

  • 0.27 miles

  • Public District Grades PK-5

school-card-donut-4523204
4
/10
  • John M. Marshall Elementary School

  • 3 Gingerbread Ln

  • 5.46 miles

  • Public District Grades PK-5

school-card-donut-4523205
6
/10
  • Amagansett School

  • 320 Main St

  • 8.08 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,301. The majority of Sag Harbor, NY residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 261 Madison St

What is the listing price of this property?

The listing price of 261 Madison St property is $3,500,000.

What type of property is this?

The property 261 Madison St is a house located in Sag Harbor, New York, 11963.

Is this property for sale now?

Active Listing: 261 Madison St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,345 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 261 Madison St has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 261 Madison St is 2,500 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 261 Madison St is 1900.
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Rocket Homes›New York›Suffolk County›Sag Harbor›11963›261 Madison St

This home is located at 261 Madison St in Sag Harbor, NY and zip code 11963 in the Town of Southampton neighborhood. This 2,500 square foot home was built in 1900. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $3,500,000.

Between October 2024 and November 2024, Sag Harbor, NY real estate market has seen decrease in the number of listings by 5.7%. While the average time on the market in November 2024 was 160 days, the median list price was $2,482,500.

From Rocket Homes Real Estate and based on county public records data.

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