2 Units Multi Family (1) Two Bedroom House & (1) One Bedroom Cottage

For Sale Contact for pricing

3 Box Tree Rd, East Quogue, NY 11942

  • Mixed Use

Learn everything you need to know about 2 Units Multi Family (1) Two Bedroom House & (1) One Bedroom Cottage with CommercialCafé! We offer extensive information on space availability, rental rates, and the structural characteristics of this Mixed Use property. Brokered by Hampton Estates Realty this property is currently off the market.

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Details

  • Sale Price Contact for pricing
  • Address 3 Box Tree Rd, East Quogue, NY 11942
  • City East Quogue
  • Zip Code 11942
  • Market Long Island
  • Property Type Mixed Use
  • Property Status Existing
  • Building Size 1,350 Sqft
  • Building Class D
  • Year Built 1935
  • Year Renovated 1980

Description

Description

*Own this Property for ~$ 1,450 a month! Call for Details. 
Enter into the multi million dollar community of East Quogue for less than Renting. Westhampton Beach Schools

Multifamily property with 3 Bedroom House w/ 1 Bedroom Cottage. Separate Utilities.Room For Pool. Deep Half Acre Property.

Investment or Great for end user looking to get into the exclusive town of East Quogue. Westhampton Beach Schools. Walking distance to Town Park, Downtown Main Street and Middle School. Financing in place for pre approval.Own for less than Renting.

The Town of East Quogue is one of the most exclusive towns on the East End of Long Island located between the Hamptons. Minutes to World Renowned Dune Rd Beaches and Lifestyle. New construction starts over $1m.and up.

Highlights

  • Rare Multifamily in Exclusive Demographic
  •  
  • 3 Bedroom House and 1 Bedroom Cottage
  • .51 Acres -Room For Pool
  •  
  • Walking Distance to Downtown Main St;Park and School
  • Top Rated High School District
  •  
  • Area New Construction Starts Over $1m

Unit Mix Information

Description No. Units Avg. Mo. Rent Sq. Ft.
3 Bed/2 Ba House Fuul Basmnt 1 $1,625 1,440
1 Bed/1 Bath Cottage 1 $1,100 502

Financial Summary (Actual)

Year 2016 Operating Expenses $4,830
Scheduled Gross Income $27,600 Net Operating Income $22,700

Debt & Equity Information

Debt Type Existing Loan Description Bank Financing calculates @ ~$2450 a moth to own. Subtract $1000 a month for renting the Cottage and you can Own for ~$1450 a Month

Highlights

  • Parking Type - UnReserved
  • Construction Type - Frame
  • Property Tenancy - Multi-Tenant
  • 2 Units on .51 Acres
  • 2 Bed/1 Ba House w/Basement;Porch and Shed
  • Unit 1 - 2 Bed/1 Ba House w/Basement;Porch and Shed
  • Unit 2 - 1 Bed/1 Ba Cottage
  • Separate Electric Meters
  • Separate Parking
  • Fully Leased or Deliver Vacant
  • Nations Top school District
  • Nations Top High School District (Westhampton Beach)
  • Own For Less Than Renting

East Quogue Demographics

Population

  • Total Population5,579
  • Male Population(49.0 %) 2,731
  • Female Population(51.0 %) 2,848
  • Percent Change Since 200010.9 %
  • Percent Change Since 20100.9 %
  • Median Age43.85

Income/Financial

  • Average Household Income$85,347
  • Median Household Income$77,467
  • Median Income Under 25$47,000
  • Median Income 25-44$71,897
  • Median Income 45-64$96,014
  • Median Income Over 65$72,955
  • Percent Increase/Decrease in Income Since 200029.0 %
  • Percent Increase/Decrease in Income Since 20106.0 %
  • Average Household Net Worth$810,348
  • Median Home Sale Price$492,500
  • Sales Tax Rate8.6 %
  • Sales Tax TypeCO
  • Average Household Total Expenditure$63,414

Other Amenities

  • AirportLong Island MacArthur (27 miles)
  • Junior CollegeSUFFOLK COUNTY COMM COLLEGE-EASTERN (6 miles)
  • UniversityLONG ISLAND UNIVERSITY AT RIVERHEAD (6 miles)
  • Sports TeamNew York Islanders (53 miles)
See more East Quogue Demographics data

Property Contact

Management Company

Hampton Estates Realty