688 MontaukWater Mill, NY 11976

  • Strip malls
  • 4,684 SF
Off market
$1,787,500 Estimated

Property Details for 688 Montauk

Year built
1998
Lot size
0.35 AC
Property size (Sq ft)
4,684 SF
Zone code
VB
Property type
Strip malls
Property subtype
Neighborhood centers
APN
0900-114.00-01.00-031.000
APU
900114000100031000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $978,996
    6.5%
    $903,689
    7%
    $839,140
  • Comparable approach

    Method
    Valuation
    Relative Method
    $636,492
    Geo Method
    $636,492
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,749,240
    Mixed-Use / Specialty
    $905,738
    Hospitality / Lodging
    $671,373
    Office
    $905,847
    Institutional / Educational
    $943,486
    Residential Income
    $1,103,880
    Multifamily
    $1,294,710
    Automotive / Energy
    $808,702
    Parking / Income-Based Land
    $273,866
    Restaurant / Food Service
    $482,330
    Healthcare / Senior Housing
    $923,412

Location Insight

City
Water Mill
County
Suffolk
State
New York
Latitude
40.9103
Longitude
-72.3542
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$7,335
$620,600
$1,166,900
$1,787,500
-
$892,950
$1,678,993
$2,571,943

FAQs

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