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Presented by
Harry Finer - The Finer Team |
Located in Hampton Bays’ exclusive Old Harbor Colony community on a quiet street, 20 Oak Lane is a short drive to ocean beaches, waterfront dining, and Hampton Bays town, and it’s not far from Southampton, East Hampton, and Long Island wine country. With views of Shinnecock Bay and the ocean inlet, this home has 4, 263-square feet of living space, five large bedrooms (two are primary suites), four full bathrooms, one half bath, sunroom, recreation room, a newly lined (2024) pool, waterfront deck, and a canal with a 120-foot composite bulkhead. The beautifully landscaped yard has an inground sprinkler system and large deck surrounding the pool with loads of space for entertainment, outdoor dining, a pool shed, and more. Enter through the foyer to the main level where cathedral ceilings and recessed lighting adorn the family room, kitchen, and living room, and dining room. The huge kitchen has loads of cabinets, kitchen Island, new stainless-steel stove, new stainless-steel refrigerator, and two additional wall ovens. The kitchen sliding doors lead out to the composite deck and pool. Hardwood floors flow from the family room to the living room, and into the dining room. There is a gas fireplace in the family room and a wood-burning fireplace in the living room. From the family room, French doors lead out to the sunroom where you can catch some rays indoors while enjoying water views. The butler’s pantry offers even more cabinet space, an additional sink, a second refrigerator, and access to the two-car garage and laundry room. On the south side of the main level is a bedroom with hardwood floors, water views, and access to a full bathroom just outside the bedroom door. On the north side of the main level is the first of two primary bedrooms, which includes an ensuite bathroom with a tub/shower combo, and hardwood floors. The room is large enough for a king-sized bed and more, and it has a walk-in plus two additional closets. On the other end of the home is the huge recreation room with access to the half bathroom. This large space is perfect for watching TV, playing board games, and other recreational activities. Upstairs, on the south side of the home you can enjoy maximum exposure to amazing water views inside the second primary bedroom, a private oasis accessible by elevator or through the exterior sliding glass doors. The suite includes a living room area, a bedroom area, mini-kitchen, spacious walk-in-closet, extra-large ensuite bathroom, and an upper-level deck. Cathedral ceilings add even more allure, and its sunny exposure bathes the suite in natural light. The bedroom area includes a gorgeous hardwood floor with more than enough space to include a king-sized bed and other furniture. The walk-in closet offers loads of places to hang clothes, store luggage, and more. The mini kitchen area includes a bar sink, cabinets, small refrigerator inside the cabinet, counter space, and a two-burner cooktop. The ensuite bathroom includes double sinks with lots of counter-space, separate shower and tub, loads of cabinet storage, and the toilet is inside a water closet for extra privacy. The living/lounge area has a gas fireplace and is large enough to fit a comfy couch, chairs, and a bistro table. You can take the elevator down to the kitchen or exit out through the sliding glass doors to a balcony/deck with amazing waterfront views. This deck includes steps down to the main-level deck and pool area. On the north end of the house is another upper level with two gorgeous and spacious bedrooms with cathedral ceilings, recessed lighting, and hardwood flooring. These rooms share a large Jack-and-Jill bathroom with a tiled shower, linen closet, and water closet for the toilet. The back bedroom includes a balcony with beautiful canal views.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,399,900
Sales Vice President
William Raveis Real Estate
Phone: 860.882.4911
Harry.Finer@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.463.1745
Russell.Baboff@raveis.com
NMLS Mortgage Loan Originator ID 1014636
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,919,920 | $1,919,920 | $1,919,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.925% | 5.858% | 5.681% |
| Monthly Tax Payment | $1,650 | $1,650 | $1,650 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,160 | $11,204 | $15,687 |
| Total Monthly Payment | $11,935 | $12,979 | $17,462 |
* 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.