1. 8 Acres on Squires Pond Rare opportunity to acquire 1. 8 private acres overlooking Squire's Pond with long views to the Great Peconic Bay in Hampton Bays. Available for the first time in 30 years, #4 Red Creek Road looks out on pristine wetlands to the south and 6 acres of protected land to the west. The 3 bedroom, 2 bath cottage offers both rustic charm and modern convenience. Enter via a paneled foyer to a spacious living room with wood ceiling beams and a wood-burning fireplace. The windowed dining area and renovated kitchen connect to a bright sunroom/family room with radiant-heat floor and southern exposure. Sit inside and enjoy the light reflecting off the water, or step out glass sliders to the wide mahogany deck and get a better view of mature trees, nesting swans, and the quiet beauty of this unique natural setting. The cottage has two guest bedrooms and shared bath, as well as a master suite - originally built as an artist's studio - with another set of glass sliders opening to the deck. Outside there's a detached 1-car garage. Also available are two adjoining lots (#10 and #12 Red Creek Road), creating a full 3-acre parcel. Imagine the possibilities! PLEASE DO NOT WALK PROPERTY UNACCOMPANIED.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,200,000
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 | $1,760,000 | $1,760,000 | $1,760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 7.014% | 6.790% |
Monthly Tax Payment | $899 | $899 | $899 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,694 | $11,562 | $15,453 |
Total Monthly Payment | $11,718 | $12,586 | $16,477 |
* 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.