8 Kathy Street, Hampton Bays, NY 11946

$699,000 · 3 bed · 1 bath · 980 sq ft · built 1991 · MLS# 1064036 · Active

Discover the potential of this 3-bedroom, 1-bath home in a great location. Featuring a fireplace, a kitchen and living area with a sliding door leading to a private backyard, this home offers a wonderful opportunity to create your own retreat. Conveniently located near well-known restaurants and local attractions, it's an excellent opportunity for both end users looking to make it their own and investors seeking their next project. Bring your vision and explore the possibilities!

Single-family homes in the Hampton Bays Union Free School District sold for a median of $1,000,000 (typically $850,000–$1,450,000) across 124 recorded sales between Oct 21, 2025 and Oct 2, 2026, up 14.6% on the 12 months before. This home's $699,000 list price sits in the entry single-family tier for the Hampton Bays Union Free School District.

ZIP 11946 has about 6.7 months of single family inventory — buyer's market. Ample inventory gives buyers strong choice and negotiating leverage, with frequent price adjustments. Homes here are still selling close to asking, at a median 97.7% of final list price.

At about $6,237 a year, this home's property tax runs roughly 22% below the $8,000 typical for Hampton Bays Union Free School District. Suffolk bills combine town, school and special-district levies, so two homes at the same price in neighboring districts can carry materially different taxes. Exemptions such as STAR, Senior or Veteran move the number as well — a new owner's bill is often not the same as the seller's.

OneKey MLS (recorded LI sales, trailing 12mo) + actual tax