Buy with Yoreevo
$3,438,750
List Price: $3,500,000
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127 Inlet Road W
House in Shinnecock Hills •  building info
4bd • 3ba • 34,848ft² $100 per ft²
Buy with Yoreevo

$3,438,750

List Price

$3,500,000

Key Details
Day on market
1
Last price change
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Estimated payment
$18,886/mo
Taxes
N/A
Maintenance
N/A
Description
Discover a rare investment compound just 100 yards from Peconic Bay beach access at the gateway to Southampton. Situated on a beautifully landscaped 0.80-acre parcel in the Hamlet of Shinnecock Hills, this unique property features five free-standing, year-round residences: a 4-bedroom, 3-bath main house and four additional renovated cottages (three 2-bedroom units and one 1-bedroom unit). Each residence is well-appointed, separately metered, and offers private outdoor space, ensuring low owner overhead and high tenant satisfaction. Shared amenities include an outdoor shower, lush garden lounge areas, a productive vegetable/fruit garden, and ample storage for bikes and kayaks, supported by three large parking areas and shared laundry. With a robust rental history and significant upside for repositioning as a boutique retreat, B&B, or high-end rental compound, this asset delivers immediate cash flow and long-term value-add potential. Located within the Tuckahoe School District with incredibly low annual taxes of approximately $5,977. Minutes from world-class dining, transportation, and ocean beaches, this is a premier East End portfolio piece. Some images have been virtually staged; unedited photos available upon request.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$3,500,000
Asking Price: $3,500,000
Term
30 Years
Down Payment
$350,000 (10%)
Min: 10% (350,000)
Rate
6.0 %
Mortgage Amount
$3,150,000
Mortgage Payment
$18,886
Estimated Yoreevo rebate
$61,250
Estimated closing cost
$135,000
Total monthly cost $18,886
Buy your dream home with us and get an estimated $61,250 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Douglas Elliman

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