Introducing The Point, an exquisite waterfront estate situated on 2 acres with 380 feet +/- of frontage on Moriches Bay, a private dock and separate carriage house. Located on one of the most premier waterfront sites in the Hamptons, this brilliantly designed and executed custom home by architect Craig Arm and appointed by interior designer, Bunny Williams, features an 8 bedroom, 9. 55 bath main house and 2 bed, 2 bath carriage house with the finest materials and details throughout. Ideal for entertaining on any scale - inside and out - this stunning house is complete inside with a state of the art dream kitchen, butler's pantry, atrium, morning room, formal dining room, great room, study, and gym. Outside, enjoy this peninsula-like exclusivity in the multiple covered sitting areas, by the 50 x 24 gunite zero-edge pool with built in spa, and take in the beautiful panoramic views of both the sunrise and sunset. Additional features include geothermal heating and cooling and generator. With close proximity to Westhampton Country Club, the revitalized Westhampton Beach Main Street, some of the best ocean beaches in the country, this spectacular waterfront estate is not to be missed.
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Our Executive Mortgage Banker:
Our Insurance Division:
$16,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $13,200,000 | $13,200,000 | $13,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.377% | 6.851% | 6.664% |
Monthly Tax Payment | $6,605 | $6,605 | $6,605 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $79,141 | $85,615 | $114,986 |
Total Monthly Payment | $85,871 | $92,345 | $121,716 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.