Listing Courtesy of: Todd Buchanan - Brown Harris Stevens Hamptons 631-537-2727
For Sale
$1,795,000 affordable loan icon Calculate Payment

35 Gates Ave Montauk, NY 11954

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Single Family Residence
5 Beds
2 Baths
2,250 Sq. Ft.

Property Activity

Time on Site
61 days
Days on Market
Views
7
Saves
0
Last updated on 1/6/2025 11:16 AM
CREATE A DREAM MOMENTS FROM LAKE MONTAUK. Opportunity to build new or renovate the existing structures on this half acre lot, minutes from Lake Montauk & West Lake Drive. The potential to build a new beach home with 5/6 BR's and 5/6 baths with separate garage or guest cottage, pool and Lake Montauk ...views from a roof deck!! Or, you could renovate the current structure which is a two story traditional with 5 bedrooms + bonus room and 2 full bathrooms and plumbing in place for a third bathroom. The house has double height ceilings and exposed beams in the LR, a walk out basement and kitchenette and family room on lower level. Wrap around deck, outdoor shower and plenty of parking. There is a separate 2 car garage with plumbing currently being used as a workshop., Additional information: Separate Hotwater Heater:yes Continue reading
MLS#
L3589988
Property Type
Single Family
Bedrooms
5
Bathrooms
2 Full
Year Built
1945
Square Feet
2,250 sq. ft
Sewer
Holding Tank

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Price History for 35 Gates Ave

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Price History provides changes in price over time for the specified property, where available.

Event Date Price Change Source
Sold2/15/2022$750,000Public Records
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Source: Xome Licensing (Xome CT LLC via, in part, its MLS licenses).
Data through 1/6/2025.

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Tax History for 35 Gates Ave

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Year Property Taxes Change Tax Assessment Change
2022-
$6,850
No records available.
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Data sourced from public records, where available.

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Rental Valuation Estimate for 35 Gates Ave

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Average Rental Trend: The change of the estimated average monthly rental price over the past 12 months, calculated based on similar properties. (It doesn't consider a property's specific condition or renovations.)
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The Xome Value displayed in connection with a property is computer-generated by the application of various proprietary mathematical formulas and techniques using currently available local market, licensed and proprietary data. The displayed Xome Value is not prepared or provided by a licensed appraiser, does not constitute an appraisal of the subject property, and should not be relied upon as such. Data used to generate the Xome Value does not include information that could be derived from a visible inspection of the subject property and its surroundings. The condition of a property can materially affect the accuracy of a property's Xome Value. The data, and information derived from such data, in a Xome Value is provided on an "AS AVAILABLE" and "AS IS" basis and is provided for informational purposes only. Although we have attempted to provide reliable data and use reliable methodologies in providing a property's Xome Value, Xome Inc., its affiliates and their respective members, directors, officers and employees make no representations or warranties regarding the accuracy of a property's Xome Value on any specific date and expressly disclaim the obligation to update such value. All uses of the Xome Value are at the user's sole risk, and shall be for personal, non-commercial use and for no other purpose. Xome Inc., its affiliates and their respective members, directors, officers and employees are not liable for the accuracy of a property's Xome Value or any information related thereto. Your use of Xome Value must in all cases comply with all applicable laws and regulations.

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Comparable Home Sales for 35 Gates Ave

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Comparable nearby sales are a major factor used by the Xome Value® to estimate the value of a home.

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# Address List Price List Date Sold Price Sold Date Beds Baths Sqft Price/Sqft Mobile Summary Mobile Price
Orange marker 35 Gates Ave, Montauk, NY 11954 5 2 2,250 35 Gates Ave, Montauk, NY 11954
5 Bd | 2 Ba | 2,250 Sqft | $798/Sqft
# Address List Price List Date Sold Price Sold Date Beds Baths Sqft Price/Sqft Mobile Summary Mobile Price
numbered circular icon #121 S Fulton St Unit 18, Montauk, NY 11954----$1,415,00010/1/2024331,645$860/Sqft21 S Fulton St Unit 18, Montauk, NY 11954
3 Bd | 3 Ba | 1,645 Sqft | $860/Sqft
$1,415,000
Sold: 10/1/2024
numbered circular icon #215 S Forest St, Montauk, NY 11954----$1,610,00011/14/2024420N/A15 S Forest St, Montauk, NY 11954
4 Bd | 2 Ba | 0 Sqft | N/A
$1,610,000
Sold: 11/14/2024
numbered circular icon #3 Ave, Montauk, NY 11954----$1,600,0007/16/2024421,840$870/Sqft Ave, Montauk, NY 11954
4 Bd | 2 Ba | 1,840 Sqft | $870/Sqft
$1,600,000
Sold: 7/16/2024
numbered circular icon #4214 Fairview Ave, Montauk, NY 11954----$1,450,0001/5/2024520N/A214 Fairview Ave, Montauk, NY 11954
5 Bd | 2 Ba | 0 Sqft | N/A
$1,450,000
Sold: 1/5/2024
numbered circular icon #574 Adams Dr, Montauk, NY 11954----$2,850,00012/3/2024432,000$1425/Sqft74 Adams Dr, Montauk, NY 11954
4 Bd | 3 Ba | 2,000 Sqft | $1425/Sqft
$2,850,000
Sold: 12/3/2024
numbered circular icon #652 Fairway Pl Unit 18, Montauk, NY 11954----$950,0006/29/2023231,600$594/Sqft52 Fairway Pl Unit 18, Montauk, NY 11954
2 Bd | 3 Ba | 1,600 Sqft | $594/Sqft
$950,000
Sold: 6/29/2023
numbered circular icon #797 Old West Lake Dr, Montauk, NY 11954----$2,060,0006/26/2023332,650$777/Sqft97 Old West Lake Dr, Montauk, NY 11954
3 Bd | 3 Ba | 2,650 Sqft | $777/Sqft
$2,060,000
Sold: 6/26/2023
numbered circular icon #880 Old West Lake Dr, Montauk, NY 11954----$3,200,00012/21/2023322,078$1540/Sqft80 Old West Lake Dr, Montauk, NY 11954
3 Bd | 2 Ba | 2,078 Sqft | $1540/Sqft
$3,200,000
Sold: 12/21/2023
numbered circular icon #943 Caswell Rd, Montauk, NY 11954----$2,070,00010/4/2024220N/A43 Caswell Rd, Montauk, NY 11954
2 Bd | 2 Ba | 0 Sqft | N/A
$2,070,000
Sold: 10/4/2024
numbered circular icon #10132 Adams Dr, Montauk, NY 11954----$1,875,0006/11/2024421,600$1172/Sqft132 Adams Dr, Montauk, NY 11954
4 Bd | 2 Ba | 1,600 Sqft | $1172/Sqft
$1,875,000
Sold: 6/11/2024
Empty Column Median Label List Price List Date Sold Price Sold Date Beds Baths Sqft Price/Sqft Mobile Summary Mobile Price
invisible placeholder imageMedian Comparables$1,742,5006/28/20243.521,623$819/Sqft
Median Comparables
3.5 Bd | 2 Ba | 1,623 Sqft | $819/Sqft
$1,742,500
Sold: 6/28/2024
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The Comparable Home Sales chart is produced by analyzing a data set that contains the last 5 years of property sales within 3 miles of the subject property. Each property in this data set is analyzed on multiple factors such as square footage, bedrooms, bathrooms, lot size and more to arrive at a 'Relevance Score.' Comparable properties are then ordered from most similar to least similar for comparison purposes.

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Nearby Schools for 35 Gates Ave

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Public Schools

Rating School Name Grades Distance
6 Montauk School PK-8 1.86 mi
No records found.

Private Schools

Rating School Name Grades Distance
No records found.
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Data provided by GreatSchools.org

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Source: Walk Score®

Area Statistics

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People

Zip City County National
Population 3,662 4,272 1.52M 329.73M
Population Density 197 244 1,670 93
People per Household 2.7 2.7 3.0 2.6
Median Age 51.8 51.8 41.7 38.4
Median Household Income $135,927 $135,927 $111,660 $69,021
Average Income $76,857 $76,857 $49,404 $37,638

Economy

Zip City County National
Unemployment 2.40 % 2.40 % 2.40 % 3.20 %
Recent Job Growth 0.91 % 0.91 % 0.91 % 1.40 %
Future Job Growth 43.88 % 43.88 % 43.88 % 42.20 %
Sales Tax 8.63 % 8.63 % 8.63 % 7.02 %
Income Tax 5.85 % 5.85 % 5.85 % 22.00 %
Cost of Living Index 255 259 139 100

Environment

Zip City County National
Altitude 74 33 74 2443
Rainfall (inches annually) 45.3 45.3 47.2 38.1
Snowfall (inches annually) 25.8 25.8 27.2 27.8
January Avg. Low Temp 25.3 25.3 23.2 21.7
July Avg. High Temp 79.4 79.4 82.1 85.8
Days of Precipitation Annually 108 108 112 106
Days Mostly Sunny Annually 211 206 206 205
Comfort Index (during hot weather) 7 7 7 7
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Source: Sperling's Best Places

Median Sales Price/Sq.Ft. in 11954

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Median Sales Price Per Square Foot provides a quick, high-level way to evaluate appreciation or depreciation of property values over time in the selected area. Using the price per square foot can help you estimate a properties' market value.

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The median price represents a midpoint for property values in the market — half of the properties sold for a higher price and half sold for lower. The median value (as opposed to average) is used so that extreme sales prices, both high and low, don't skew the interpretation of where property values in a market are heading.

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Months of Supply in 11954

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This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.

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Source: Xome Licensing (Xome CT LLC via, in part, its MLS licenses). Data through 1/1/2025.

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Listing Courtesy of: Todd Buchanan - Brown Harris Stevens Hamptons 631-537-2727
Andrea Conner, License 10311208085, Xome Inc., License 10991227159, AndreaD.Conner@Xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

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Listings courtesy of One Key MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 11/13/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Per New York legal requirement, click here for the Standard Operating Procedures. Copyright 2025, OneKey MLS, Inc. All Rights Reserved.
This content last refreshed on 1/6/2025 11:16 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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