Cape Cod home in Southampton, NY
This Cape Cod home in Southampton, NY offers 4 bedrooms and 2.5 bathrooms across 2,550 square feet. Its Cape Cod character defines the property's look.
| Price | $2,500,000 |
|---|
| Beds | 4 |
|---|
| Baths | 2.5 |
|---|
| Sqft | 2550 |
|---|
| Architectural style | Cape Cod (85% match) |
|---|
| Address | 370 Old Canoe Place Road, Southampton, NY 11968 |
|---|
Why buy this home
- Confirmed Cape Cod architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced a little under the area.
- At $2.5M, this home is 9% below the $2.8M median for 285 similar Cape Cod homes in Southampton, NY.
- That works out to $980 per square foot, 6% below the $1045 comparable rate.
- On the market 11 days.
| This home | $2,500,000 |
|---|
| Cape Cod median in Southampton, NY | $2,750,000 (285 homes) |
|---|
| Price per sq ft | $980 vs. $1,045 comps median |
|---|
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $18,205/month with 20% down at a 7.28% 30-year fixed rate. You would need about $780,218 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $13,684/mo |
|---|
| Property tax (new-buyer reassessed rate) | $3,583/mo |
|---|
| Homeowners insurance | $938/mo |
|---|
| Total monthly | $18,205/mo |
|---|
| Down payment (20%) | $500,000 |
|---|
| Income needed | $780,218/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B- (66 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B- (66/100) |
|---|
| Beats renting in | 25% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $1,194,524 |
|---|
| Range (10th to 90th pct) | $709,676 to $1,757,835 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Trulia