Ideally sited in a serene and quiet cul-de-sac community just a 2 minute walk to nature's jewel- Fish Cove or a stone's throw from Southampton Village- this 4 bed, 3. 5 bath Traditional boasts 2, 550 sf of living space. set high on a lush . 84 acres and abutting 10 acres of reserve land, this well-maintained home is ready for your vision. A light and bright floor plan features a great room with wood-burning fireplace, a large eat-in chef's kitchen with a breakfast bar and open dining area, master suites up and down, three additional guest rooms and an upstairs media room. The rear yard is highlighted by an expansive deck with screened-in porch overlooking the heated free-form pool and hot tub area framed by beautiful, mature landscaping. A 2-car detached garage and a large full basement with 9 foot ceilings and egress set the stage for potential additional living space. Enjoy immediate proximity to both North Sea Harbor, Peconic Bay and pristine Ocean beaches as well as the Southampton Youth Services fitness center and Tennis Club. Perfect for a summer retreat or a great investment opportunity in a neighborhood with new construction sales throughout at up to 4 million. Enjoy as is, renovate, expand or take on a summer or year-round tenant with ease as this property is a proven income producer. Reach Bridgehampton, Sag Harbor and Water Mill points of interest in no time , and an easy commute to NYC!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,195,000
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 | $1,756,000 | $1,756,000 | $1,756,000 |
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 | $464 | $464 | $464 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,528 | $11,389 | $15,297 |
Total Monthly Payment | $11,117 | $11,978 | $15,886 |
* 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.