56 Woodruff Lane

Bridgehampton Pristine

3 BEDS | 3 BATHS | contemporary | sold

WEB ID: 18846
$1,320,000
    • 3 BEDS
    • 3 BATHS
    • 2000 APPROX. SQFT
    • 0.50 ACREAGE
    • POOL
    • BUILT 2000

    The Details
    About 56 Woodruff Lane

    Exceptional opportunity for income oriented investors in Bridgehampton close to Main St., Sag Harbor and ocean beaches. The property offers a proven 9.1% cap rate (more than double the New York average). Owner would consider selling the home, turnkey, to a prospective investor/purchaser and able to accommodate 1031 exchange buyers with expedited closing if necessary. Completely renovated and...

    key features
    • Fireplace
    • Heated pool
    • Central air
    Interested? Let’s talk.

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    Bridgehampton

    Reaching deeply north into the South Fork and positioned between Water Mill to the west and Sagaponack to the east, Bridgehampton has a name that begs for even more geographical clarification. This one is easy: The bridge in Bridgehampton refers to a bridge built across Sagg Pond by Ezekiel Sandford in 1686. Bridgehampton is undeniably the essence of the East End, and for many Hamptonites, the summer simply does not end until the occurrence of the Hamptons Classic, one of the largest outdoor horse shows in the country. Perhaps Bridgehampton is even better known for the $43.5 million property rented by Beyonce and Jay-Z — and for Madonna causing a stir when she was accused of buying a parcel for a “tree farm,” adjacent to her horse farm, that was widely viewed as a bid for privacy, not agriculture. Perhaps she commiserated with another Bridgehampton resident, fashion designer Isaac Mizrahi, who designed a leather handbag named for the hamlet.

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    56 Woodruff Ln Monthly Costs

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    Total$4,741.91/Month

    Not sure if this fits your budget? There might be tax savings, so talk to an agent for details.

    • 30 Years Fixed
    • 20 Years Fixed
    • 15 Years Fixed
    • 7 Years Fixed
    • 5 Years Fixed
    • Principal & Interest$4,741.91
    • Property Taxes0
    • Maintenance / Common Charges0