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    Amagansett Farmhouse with Gunite Pool Title is generated by Realmo AI

    6 Cozzens Lane, Amagansett, NY 11930

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    For Sale
    $4,995,000

    Farm / Farmhouse, House (Detached) - Amagansett, NY

    Type:Farm
    Lot size:
    0.29 Acres
    Added:
    Jan 23, 2026
    Days on Market:
    105
    Last Refresh:
    May 8 at 10:06 pm

    Property Features for 6 Cozzens Lane

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Zoning
    100
    Bedrooms
    2
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Dining Room, Family Room, Living Room
    Parking features
    Garage
    Appliances
    Dishwasher, Dryer, Refrigerator, Washer
    Standard status
    Active
    APN
    0300-171.000-02-000.000/025
    Lot size
    0.29 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5769

    Utilities

    Heating system
    Forced Air, Natural Gas, Propane (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1880
    Year renovated
    1880
    Floors in Building
    2
    Flooring type
    Hardwood
    Building materials
    Cedar
    Architectural style
    Other

    We can help!

    Listing Contact
    Beth Felsen

    Listing agent Beth Felsen

    Listing office The Agency Hamptons 55 Main Street, #4, East Hampton, NY

    Listing date Jan 23, 2026

    MLS# 11636554 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime Amagansett Village location: walk to shops, restaurants, Farmer's Market, and beaches.
    • New heated gunite pool and outdoor entertaining area with BBQ.
    • Separate high‑ceiling cottage with full bath, bar, and outdoor shower for flexible living space.
    • Chic, renovated 2‑bedroom main house with Scandinavian design and farm views.
    • Private, fully fenced yard bordering reserve and Amber Waves Farm.
    • Easy access to Hampton Jitney and train stop.

    Overview

    Located on a private lane in the heart of Amagansett village, this renovated residence features 2 bedrooms and 2 bathrooms. The property includes a new gunite pool and offers a beach vibe suitable for relaxation and entertaining. Bordering a reserve and Amber Waves Farm, the property provides access to the Farmer's Market, Amagansett Square shops and restaurants, and beaches. The main house features Scandinavian white and neutral decor, a ground floor bedroom and full bath, a living and dining area, a kitchen, and a window-enclosed lounge overlooking the backyard. Upstairs, the primary suite offers farm views with a sitting area, bedroom, and full bath. A separate high-ceiling cottage includes a full bath, bar, and outdoor shower, offering additional living space or a bedroom. French doors open to an outdoor lounge, a dining area with BBQ, and a 14x34 foot heated gunite pool. Privacy is assured with a fenced grass yard lined with evergreens. Period details include a front porch, original flooring, and stained glass. The property is close to the Hampton Jitney and train stop.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Building Supply Auto Repair Shop Pharmacy Law Firm Big Box & Wholesale Store Nail Salon Real Estate Agency Furniture & Home Goods Electronics & Wireless Store Cafe & Coffee Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Amagansett
    County
    Suffolk
    State
    New York
    Longitude
    -72.138585
    Latitude
    40.977958

    FAQs

    What type of property is this?
    Farm - Renovated Amagansett residence with pool, close to beaches.
    Where is this farm located?
    The property is located at 6 Cozzens Lane Amagansett, NY.
    What is the asking price?
    The asking price for this property is $4,995,000.
    What are key features of this property?
    This property features: Prime Amagansett Village location: walk to shops, restaurants, Farmer's Market, and beaches.; New heated gunite pool and outdoor entertaining area with BBQ.; Separate high‑ceiling cottage with full bath, bar, and outdoor shower for flexible living space.
    (917) 817-8203
    We can help!
    Listing Contact
    Beth Felsen
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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