Cape Cod home in Montauk, NY
A Cape Cod home in Montauk, NY, it offers 6 bedrooms and 7 bathrooms across 4,500 square feet. Its Cape Cod character defines the property's look.
| Price | $5,695,000 |
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| Beds | 6 |
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| Baths | 7 |
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| Sqft | 4500 |
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| Architectural style | Cape Cod (52% match) |
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| Address | 29 Monroe Dr, Montauk, NY 11954 |
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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 Zillow.
Is this a good buy?
Priced above comparable homes.
- At $5.7M, this home is 91% above the $3M median for 174 similar Cape Cod homes in Montauk, NY.
- That works out to $1266 per square foot, 20% below the $1590 comparable rate.
- On the market 249 days, which is a long time; sellers are often flexible at this point.
| This home | $5,695,000 |
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| Cape Cod median in Montauk, NY | $2,975,000 (174 homes) |
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| Price per sq ft | $1,266 vs. $1,590 comps median |
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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 $41,471/month with 20% down at a 7.28% 30-year fixed rate. You would need about $1,777,336 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $31,173/mo |
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| Property tax (new-buyer reassessed rate) | $8,163/mo |
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| Homeowners insurance | $2,136/mo |
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| Total monthly | $41,471/mo |
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| Down payment (20%) | $1,139,000 |
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| Income needed | $1,777,336/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C+ (65 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 | C+ (65/100) |
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| Beats renting in | 15% of modeled paths |
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| Modeled 5-yr equity (median) | $2,917,968 |
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| Range (10th to 90th pct) | $1,753,181 to $4,298,979 |
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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 Zillow