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East Hampton Mobile Home Park
For Sale
$425,000

337 Three Mile Harbo 10, East Hampton, NY 11937

Residentially owned mobile home park unit in East Hampton, NY.

Property Size916 SF
Days on Market311

Property Features for 337 Three Mile Harbo 10

General Information

Standard status Active
Size 916 SF
Property subtype Residential

Building Details

Building Size 916 SF
Year Built 2002
Listed By: Andrey Trigubovich · License #10401298204
Source: Elliman
Added: Nov 28, 2025 Changed: Oct 1 Last Checked: Oct 4 at 10:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Andrey Trigubovich

Investment Insights

Based on property information with market context.

This residentially owned mobile home park unit is located in East Hampton, near Three Mile Harbor Marina and surrounded by nature trails. The doublewide unit features three bedrooms and two bathrooms, a living room with a fireplace and vaulted ceilings, a spacious kitchen, and a laundry room. Gas forced air is used for heating, and AC window units are used for cooling. The unit includes two dedicated parking spaces with extra space for guests. A backyard deck overlooks a pond, and there is a storage shed. Shareholders in the park own their units and a share of the park land. New member applicants must satisfy income criteria and purchase the unit as their primary residence to be qualified and approved by the Board.

Key Highlights

  • Residentially owned mobile home park: Ownership includes a share of the park land.
  • East Hampton location: Proximity to Three Mile Harbor Marina and nature trails.
  • Three bedrooms and two bathrooms: Spacious living in a doublewide unit.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,280
Cap Rate
3.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,600 $325.6K
Cap Rate 7%
$232,571 $232.6K
Cap Rate 9%
$180,889 $180.9K
Market Conditions
NOI Build-Up for 916 SF
Gross rent
$31.7K $34.56/SF
− Vacancy
−$2.1K −$2.25/SF
EGI
$29.6K $32.31/SF
− OpEx
−$13.3K −$14.54/SF
NOI
$16.3K $17.77/SF
Area
Suffolk County, NY
Vacancy
6.50%
Lease Rate
$34.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,600
Cap Rate 7%
$232,571
Cap Rate 9%
$180,889

Alternative Uses

Best Use
Apartment 5plus
$232.6K
$203.5K – $271.3K (±1% cap)
NOI $16,280 @ 7.0% cap · market cap 3.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$279.1K
$244.2K – $325.6K (±1% cap)
NOI $19,534 @ 7.0% cap · market cap 4.60%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Mobile home & RV ...

Location Intelligence

Trade Area within ½ mile

105
Businesses Nearby

Demographics for 11937, NY

19,968
Population
14,277
Households
1.4
Avg Household Size
45
Median Age
52%
College-Educated
92%
High-School Grad
37.1 sq mi
ZIP Area
538
Density / Sq Mi
$122,489
Median Household Income
$49,954
Median Earnings
$2,904
Median Rent
$1,009,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Residentially owned mobile home park unit in East Hampton, NY.
Where is this mobile home & rv park located?
The property is located at 337 Three Mile Harbo 10 East Hampton, NY.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Residentially owned mobile home park: Ownership includes a share of the park land.; East Hampton location: Proximity to Three Mile Harbor Marina and nature trails.; Three bedrooms and two bathrooms: Spacious living in a doublewide unit.
More about this property
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