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Amagansett- Oceanfront Investment /Lifestyle Opportunity Ocean Dunes Ideally situated south of the highway off Bluff Road and nestled alongside the Atlantic Double Dunes Preserve, Ocean Dunes offers a rare combination of privacy, natural beauty, and effortless access to Amagansett's oceanfront lifestyle. This newly renovated one-bedroom, one-bath co-op is the perfect year-round retreat or income-generating investment, with on-site property management available to assist with rentals. Located on four acres of preserved dunes and coastal landscape, Ocean Dunes offers direct private beach access and a heated gunite pool for residents and guests. This turnkey unit features a refreshed kitchen, updated finishes, and a serene setting just moments from the ocean. Whether you're enjoying it yourself or renting it out, this is a smart opportunity to own in one of the Hamptons' most desirable seaside communities. Just a short stroll from Amagansett's charming Main Street shops, restaurants, and train station, Ocean Dunes delivers the best of both convenience and escape. Discover the peace of coastal living, backed by the value of income potential-welcome to your slice of the Atlantic.
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:
$595,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $476,000 | $476,000 | $476,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.375% | 6.638% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,931 | $3,009 | $3,953 |
| Total Monthly Payment | $3,023 | $3,101 | $4,045 |
* 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.