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Presented by
Louis Cordova |
Situated South of the highway, in the prestigious Sandringham Beach community, this recently built and beautifully finished contemporary home has it all! The property includes deeded access to a private neighborhood beach on Shinnecock Bay and water access on Old Fort Pond where you can moor a boat or launch canoes, kayaks, and paddle boards. Set on a lush 1. 40 acres of mature landscaping with multiple terraces for entertaining, this property includes a heated free-form pool, koi pond, and a full-size sunken deco-turf tennis court. The 5800 square foot house includes 6 bedrooms, 5. 5 baths, study, chef's kitchen with Viking appliances, great room with wood-burning fireplace, formal dining room, three season room, and a finished lower level with a wet- bar and infra-red sauna. The master suite with its own fireplace is situated on the first floor and there are five additional spacious bedrooms and a bonus room/den for overflow guests. The house has energy-efficient appliances, a smart home system with Lutron automatic shades, and 10 kWh of solar installation: so low electric rates. The South of the Highway location provides an easy commute from Manhattan and is only two miles from Southampton Village and minutes away from the Ocean and famous Coopers Beach. Proven rental history of $225, 000 for the summer season. , Additional information: Appearance: Excellent, ExterioFeatures: Tennis, Interior Features: Lr/Dr, Marble Bath, Separate Hot water Heater:
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,895,000
Licensed Real Estate Salesperson
William Raveis Real Estate
Phone: 917.653.1414
Louis.Cordova@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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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 | $3,116,000 | $3,116,000 | $3,116,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.021% | 5.996% | 5.932% |
| Monthly Tax Payment | $1,745 | $1,745 | $1,745 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $16,966 | $18,432 | $25,876 |
| Total Monthly Payment | $18,836 | $20,302 | $27,746 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.