520 Hampton Road, #5, Southampton, NY, 11968 | $1,850,000

Location Location Location in Southampton Village. This residence is located within the 30-unit Farrington Close condominium property, which is sited on 7. 9 acres of pristine, manicured grounds south of the highway in Southampton Village. This beautifully positioned two-story 2, 364 sq ft. townhome offers an exceptional blend of privacy, comfort, and lifestyle. The residence features a two-story large entrance foyer area with skylight, opening to an expansive living room with a fireplace and spacious dining room, creating a bright, inviting atmosphere. The bright sun-lit kitchen has attractive and spacious cabinetry with an eat-in area, leading to an equally inviting outdoor living area with a private bluestone patio. The patio is surrounded by lush landscaping, including a flowering plum tree, a red maple tree, and mature rhododendrons, and overlooks sweeping lawn views, making it ideal for entertaining or quiet relaxation. The second floor of this residence features three bedrooms, including a generous primary suite with two skylights, large private balcony, walk-in closet, and oversized sunlit en suite. as well as two additional bedrooms, a large guest bathroom, linen closet, and storage closet. Additional amenities include a first floor powder room and laundry area, as well as 2 zone central air conditioning, central vacuum, refrigerated wine storage, and an outdoor utility/storage room and electric vehicle charging station. Tucked away within the condominium community, this home enjoys close proximity to Farrington Close's private heated pool and impeccably maintained tennis courts. This property is ideally located just moments from ocean beaches, village restaurants, boutique shopping, and the local track. Farrington Close, long admired for its pristine setting and immaculate grounds, is a well-managed, financially sound condominium association offering exceptionally low taxes. The property also presents multiple opportunities for customization and expansion, including the potential addition of an elevator. This home is a rare opportunity to own in one of Southampton Village's most sought-after enclaves. Some photos are Virtually Staged.

Features

  • Parking: 2-car, Assigned
  • Heating: Oil
  • Cooling: Central Air
  • Levels: 2
  • Rooms: 9
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: In Hall
  • Year Built: 1997
  • Common Charge: $1,600 Monthly
  • Approx Sq. Feet: 2,364
  • Acreage: 0.03
  • Est. Taxes: $1,600
  • Elem. School: Southampton Elementary School
  • Middle School: Southampton Intermediate School
  • High School: Southampton High School
  • School District: Southampton
  • Pets Allowed: Yes
  • Appliances: Dishwasher, Electric Oven, Exhaust Fan, Range, Refrigerator, Gas Water Heater
  • MLS#: 958352
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/958352/520hamptonroad_southampton_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Nest Seekers International LLC   Phone: 631-353-3427

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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520 Hampton Road, #5, Southampton, NY, 11968

$1,850,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@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 $1,480,000 $1,480,000 $1,480,000
Term 360 months 360 months 180 months
Initial Interest Rate** 4.750% 5.625% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 5.878% 5.732% 5.555%
Monthly Tax Payment $133 $133 $133
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,720 $8,520 $11,995
Total Monthly Payment $7,978 $8,778 $12,253

* 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.