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A Four-Bedroom Cape In The Springs For $425K

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[Photo credit: Prudential Douglas Elliman]

The newest addition to our Under 500K club is this privacy-lovin' cape in?where else??the Springs section of East Hampton.

Built in 1992, the approximately 1300 sq. ft. home's got some decent stats for the price tag: it offers a renovated kitchen with new appliances, a wood-burning fireplace in the living room and a partially finished basement. All of this is set on a fully landscaped half acre on a quiet residential street close to Maidstone Park and Three Mile Harbor's sunset restaurants. By no means a showstopper, but as the listing says, this could make "a great summer or starter home". Thoughts?

· 21 Crandall Street [Prudential Douglas Elliman]