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120 Bay Ln

Water Mill, NY 11976

5 bd 6 ba 3,370 sqft Built 1987 Lot 93,218 sqft single_family
Most recent sale
$9,500,000
Aug 2, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 11, 2026 Listing removed $15,495,000 MyStateMLS
May 29, 2025 Sold $12,625,000 MyStateMLS
Mar 14, 2025 Listing removed $34,995,000 MyStateMLS
Jan 15, 2025 Price changed $13,500,000 MyStateMLS
Nov 21, 2024 Price changed $13,995,000 MyStateMLS
Jul 22, 2024 Listed $14,995,000 MyStateMLS
Dec 15, 2023 Listing removed MyStateMLS
Sep 14, 2023 Price changed $15,000,000 MyStateMLS
Sep 2, 2023 Listed $15,495,000 MyStateMLS
Mar 31, 2023 Listing removed $15,495,000 MyStateMLS
Mar 30, 2023 Listing removed MyStateMLS
Oct 15, 2022 Listed $15,495,000 MyStateMLS
Aug 2, 2021 Sold $9,500,000 Public Record
Feb 10, 2021 Listing removed CorcoranGroup
Jan 16, 2021 Price changed $9,600,000 CorcoranGroup
Dec 23, 2020 Relisted $9,895,000 CorcoranGroup
Dec 22, 2020 Listing removed CorcoranGroup
Dec 4, 2020 Price changed $9,895,000 CorcoranGroup
Oct 22, 2020 Price changed $9,995,000 CorcoranGroup
Oct 1, 2020 Listing removed CorcoranGroup
Sep 12, 2020 Price changed $10,995,000 CorcoranGroup
Jul 17, 2020 Listed for rent $50,000 CorcoranGroup
May 17, 2020 Listing removed CorcoranGroup
Feb 15, 2020 Listed for rent $100,000 CorcoranGroup
Jan 24, 2020 Listing removed CorcoranGroup
Jan 18, 2020 Listed $11,995,000 CorcoranGroup
Aug 22, 2019 Price changed $11,995,000 CorcoranGroup
Apr 1, 2019 Price changed (rent) $100,000 CorcoranGroup
Mar 20, 2019 Price changed $12,995,000 CorcoranGroup
Mar 20, 2019 Price changed (rent) $250,000 CorcoranGroup
Dec 27, 2018 Listed $14,995,000 CorcoranGroup
Oct 29, 2018 Listed for rent $295,000 CorcoranGroup
Jul 21, 2018 Listing removed $100,000 CorcoranGroup
Jun 4, 2018 Price changed (rent) $100,000 CorcoranGroup
May 12, 2018 Listed for rent $150,000 CorcoranGroup
Jun 23, 1995 Sold $1,262,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $896,900 $8,272,200 $9,169,100 $36,926
2021 $896,900 $8,272,200 $9,169,100 $36,630
2020 $896,900 $8,272,200 $9,169,100 $35,986
2018 $841,600 $8,272,200 $9,113,800 $38,357
2017 $841,600 $8,272,200 $9,113,800 $38,730
2016 $841,600 $5,376,900 $6,218,500 $27,209
2015 $841,600 $5,376,900 $6,218,500 $28,179
2014 $841,600 $5,376,900 $6,218,500 $28,551
2013 $841,600 $5,376,900 $6,218,500 $28,269
2012 $730,800 $5,376,900 $6,107,700 $27,466
2011 $730,800 $5,376,900 $6,107,700 $26,258
2010 $730,800 $5,376,900 $6,107,700 $25,770
2008 $730,800 $4,963,300 $5,694,100 $24,429
2007 $730,800 $4,963,300 $5,694,100 $23,541
2006 $730,800 $4,963,300 $5,694,100 $23,396

Property facts

Year built
1987
Property type
single_family
Stories
2
Beds
5
Baths
6
Living area
3,370 sqft
Lot size
93,218 sqft
ZIP code
11976
City
Water Mill
Street
Bay Ln
Coordinates
40.91123, -72.32759

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$57,000
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 120 Bay Ln last sell?
120 Bay Ln most recently sold on Aug 2, 2021 for $9,500,000.
What is the current tax assessment for 120 Bay Ln?
The most recent total assessment for 120 Bay Ln (year 2022) is $9,169,100 with $36,926 in property tax.
How does 120 Bay Ln's assessment compare to its last sale price?
The current assessment is 3.5% below the last sale price of $9,500,000.
When was 120 Bay Ln built?
120 Bay Ln was built in 1987.
How does 120 Bay Ln compare to others on Bay Ln?
We track 6 other properties on Bay Ln. Browse the list under "Other properties on Bay Ln" to compare beds, baths, and sale history.
What are the property facts for 120 Bay Ln?
120 Bay Ln is a 5 bed, 6 bath, 3,370 sqft, 93,218 sqft lot single_family.
Is 120 Bay Ln a flip candidate?
No — 120 Bay Ln does not appear in our flips dataset.
Is 120 Bay Ln a tax-appeal candidate?
No — 120 Bay Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.5%
Implied 1-yr
-6.0%
2026 Q3
$5.35M
2026 Q4
$5.26M
ZIP 11976 — Median Price History + Forecast

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