Condo / High-rise home in Montauk, NY
This 1,181-square-foot Condo home in Montauk, NY includes 1 bedroom and 2 bathrooms. Notable features include lake / river / water view and swimming pool. The Condo styling carries through the home's design.
| Price | $3,950,000 |
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| Beds | 1 |
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| Baths | 2 |
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| Sqft | 1181 |
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| Architectural style | Condo / High-rise (48% match) |
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| Address | 272 Old Montauk Hwy #805, Montauk, NY 11954 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Features: lake / river / water view, swimming pool.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced above comparable homes.
- At $4M, this home is 667% above the $515K median for 35 similar Condo / High-rise homes in Montauk, NY.
- That works out to $3345 per square foot, 141% above the $1389 comparable rate.
- On the market 63 days, longer than usual here, so the seller may be open to offers.
| This home | $3,950,000 |
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| Condo / High-rise median in Montauk, NY | $515,000 (35 homes) |
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| Price per sq ft | $3,345 vs. $1,389 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 $28,764/month with 20% down at a 7.28% 30-year fixed rate. You would need about $1,232,744 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $21,621/mo |
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| Property tax (new-buyer reassessed rate) | $5,662/mo |
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| Homeowners insurance | $1,481/mo |
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| Total monthly | $28,764/mo |
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| Down payment (20%) | $790,000 |
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| Income needed | $1,232,744/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 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) |
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| Beats renting in | 16% of modeled paths |
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| Modeled 5-yr equity (median) | $2,058,847 |
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| Range (10th to 90th pct) | $1,262,033 to $3,001,025 |
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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 Trulia