Investment Property in East Hampton

Investment Real Estate in East Hampton

Investment Property in East Hampton
Investment Property in East Hampton

East Hampton property investment can be a worthwhile venture if you are selective with the areas you choose to invest in. If not, you could find that your investment suffers due to low rental yields, dwindling demand, and slow property price growth in many parts of East Hampton .

Get Our Latest List of Investment Property in East Hampton

Search Map of East Hampton Investment Real Estate

The Town of East Hampton is located in southeastern Suffolk County, New York, at the eastern end of the South Shore of Long Island. It is the easternmost town in the state of New York. At the time of the United States 2010 Census, it had a total population of 21,457.

The town includes the village of East Hampton, as well as the hamlets of Montauk, Amagansett, Wainscott, and Springs. It also includes part of the incorporated village of Sag Harbor.

East Hampton is located on a peninsula, bordered on the south by the Atlantic Ocean, to the east by Block Island Sound and to the north by Gardiners Bay, Napeague Bay and Fort Pond Bay. To the west is western Long Island, reaching to the East River and New York City. The Town has eight state parks, most located at the water’s edge.

The town consists of 70 square miles (180 km2) and stretches nearly 25 miles (40 km), from Wainscott in the west to Montauk Point in the east. It is about six miles (10 km) wide at its widest point and less than a mile at its narrowest point. The town has jurisdiction over Gardiners Island, which is one of the largest privately owned islands in the United States. The town has 70 miles (110 km) of shoreline.

Get Our Latest List of Investment Property in East Hampton

The financial stability of East Hampton has translated into a real estate market that rewards forward planning and a willingness to look beyond areas of traditional affluence.

Buy to Rent in East Hampton

Renting out your East Hampton buy-to-rent investment property can grow wealth and income.

Whatever your goals with investment property in East Hampton are – preparation is key.

  • Set goals based on how much rental yield will be required and the local rental yield rates in East Hampton and be prepared to change your initial outlook.
  • Thoroughly research the East Hampton location with a special emphasis on fringe areas outside the main East Hampton metropolis that may be valued lower than their better-known neighbors. Rental yields of around 5% are still attainable in certain areas of East Hampton.
  • Ensure that your target investment property in East Hampton appeals to professionals. This is a demographic that ensures maximum income and low voids.
  • Finding and vetting suitable tenants is a job ideally left to the professionals. Working with an established letting agent such as Physis Realty with local knowledge and experience of property legislation will give you the best chance of success.
  • You may think that managing your East Hampton properties yourself is an easy option, but are these savings justifiable when you run into East Hampton red tape? Physis Realty East Hampton office in downtown provides you with peace-of-mind and leaves you time to plan your next move in the growing East Hampton buy-to-rent sector.

With our expert guidance, investing in East Hampton provides the secure knowledge that your money is working harder than it would in a local East Hampton bank and that future generations of your family will be left with substantial capital growth assets.

We are always happy to advise on buying investment property in East Hampton, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the East Hampton property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.

Flipping Investment Property in East Hampton

Flipping property in East Hampton

Flipping property is when we advise clients to buy a East Hampton property below market value, renovate it and then make a profit by selling it at a higher price, all within a few months, and often before the East Hampton market has a time to react to the renovation.

The Flipping Strategy in East Hampton

Investment property flipping in East Hampton is a simple strategy. You find a property that is in need of renovation from our list and purchase it for a low price. These type of East Hampton real estate investments are sometimes referred to by professionals as ‘distressed’ East Hampton real estate.

What is distressed East Hampton property:

  • East Hampton property in need of renovation
  • East Hampton real estate with a change of purpose and use
  • Oversold East Hampton property
  • Bank repossessions in East Hampton

Put simply, long term investors in East Hampton purchase the property, renovate it and make it a lot more attractive to potential buyers.

Calculate profit that you make from East Hampton investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

East Hampton property purchase price: $220,000

Renovation costs: $20,000

Other costs: $25,000

Property sale price: $400,000

Profit: $135,000

Experienced property developers in East Hampton use a minimum profit value of 22% when looking at potential East Hampton projects. The reason for this is because there are lots that can go wrong in East Hampton property flipping and working on a potential margin of 22% should still leave a good margin of error.

Luxury Property in East Hampton

For luxury property investors hoping to add a superb property in East Hampton to their luxury real estate investment portfolio, Physis Realty is a trusted partner.

Click Here for the Physis Realty Facebook Page

A world leader in luxury real estate with a portfolio comprising some of the most sought-after real estate in East Hampton, Physis Realty caters particularly to high net-worth individuals and families. A luxury real estate investment in East Hampton should be entrusted to only the highest-quality agency.

Get Our Latest List of Investment Property in East Hampton

Compare listings

Compare