3 months on rocket

5 Lake Way, Westhampton Beach, NY, 11978

$1,925,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
2,500 SqFt
$770/SqFt
House

Location

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5 Lake Way, Westhampton Beach$1,925,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingPrivate, Attached, 2 Car Attached
Attached Garage2 spaces
Year Built1993
HeatingOil, Forced Air
BasementYes
ViewOther, Water
Private PoolYes
MLS #3554135
Lot Size0.92 Acres
StatusActive
(A)

About 5 Lake Way

Prime Village Location ! Endless possibilities Room for expansion perfect for investor or end user. House needs work. Home features Open floor plan, Five bedrooms, Three full baths, Large Kitchen, 20x40 Pool, Har/Tru Tennis. Situated on a very sunny tranquil acre overlooking a beautiful nature preserve. Being Sold As Is.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1993
  • Living Area: 2,500 SqFt

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (631) 288-6244

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: First Floor Bedroom, Eat-in Kitchen

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Other, Water
  • Exterior: Tennis Court(s)

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Private, Attached, 2 Car Attached

Lot Features

Lot Information:

  • Lot: Near Public Transit, Private
  • Lot Size: 0.92 Acres

Utilities

Utilities Information:

  • Heating: Oil, Forced Air

Other

Directions Information:

  • Directions: Meadow to Lake Way

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,925,000
  • Price Per SqFt: $770/SqFt

Tax Information:

  • Annual Amount: $4,155
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Westhampton Beach, NY.

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Westhampton Beach, NY

City

Med. Sold Price

$2.0M

Med. Price/SqFt

$950

Avg. Days On Market

136

# of Sold Homes

10

5 Lake Way vs Westhampton Beach

106 DAYS ON ROCKET

-30 Days

$1,925,000

-$137.5K Less

$770/SqFt

-$180 Less

KEY TAKEAWAY

This property is $137.5K less than the Median Sold Price and $180/SqFt less than other homes in Westhampton Beach, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3554135

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (631) 288-6244

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: 9/7/2024, 9:11:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 05, 2002Home Sold
$765,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,155$1,442,900
2019$14,807$1,442,900
2018$10,093$1,269,200

History based on county public records data.

Payment Calculator

$9,675

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,838

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-1116794
6
/10

  • Westhampton Beach Elementary School

  • 379 Mill Rd

  • 0.95 miles

  • Public District Grades KG-5

school-card-donut-1116795
6
/10

  • Remsenburg-Speonk Elementary School

  • 11 Old Ln

  • 2.25 miles

  • Public District Grades KG-6

school-card-donut-1116796
6
/10

  • Quogue Elementary School

  • 10 Edgewood Rd

  • 2.81 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $121,875. The most common annual income of people living in Westhampton Beach, NY is between $100k-200k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5 Lake Way

What is the listing price of this property?

The listing price of 5 Lake Way property is $1,925,000.

What type of property is this?

The property 5 Lake Way is a house located in Westhampton Beach, New York, 11978.

Is this property for sale now?

Active Listing: 5 Lake Way 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 $4,155 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 5, 2002 for $765,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5 Lake Way has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5 Lake Way is 2,500 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5 Lake Way is 1993.

Rocket Homes›New York›Suffolk County›Westhampton Beach›11978›5 Lake Way

This home is located at 5 Lake Way in Westhampton Beach, NY and zip code 11978 in the Town of Southampton neighborhood. This 2,500 square foot home, which was built in 1993, sits on a 0.92 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 24, 2024 and is currently priced at $1,925,000.

Westhampton Beach, NY housing market in August 2024 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 8 sold below. Between July 2024 and August 2024, Westhampton Beach, NY real estate market has seen increase in the number of listings by 5.8%. In August 2024, listings were on the market for 136 days. During the same period, the median list price in this real estate market was $2,062,500.

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

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