56 Inlet Road W, Hampton Bays, NY, 11946 | $989,900

Welcome to 56 Inlet Rd W, a charming two-story cape home nestled in the heart of Hampton Bays, NY. This delightful residence, offering 3 well-sized bedrooms and a full bathroom, spans approximately 1, 400 sq ft of interior living space. The property is set on a generous, nearly half-acre lot, offering ample room for outdoor activities and gardening. The home’s key feature is its potential for customization. While it currently requires some tender loving care, the possibilities for transforming this space into your dream home are endless. The property includes a crawl space with both interior and exterior access, providing additional storage or development opportunities. Adding to its charm, this home offers distant water views, making it a perfect retreat for those seeking tranquility and relaxation. The property also includes a detached, two-story, non-conforming 2-car garage, providing extra space for vehicles or potential for a workshop or studio. Location is another significant advantage of this property. It is conveniently situated close to the Hampton Jitney and Southampton Train Station, making commuting or traveling a breeze. The property is also minutes away from Southampton Stony Brook College and a short drive from the Village of Southampton, known for its beautiful ocean beaches and vibrant community life. The nearby Hampton Bays Town is just a few minutes away, offering a variety of local amenities including shopping, dining, and recreational activities. The property is located across from the serene Cold Spring Pond and in close proximity to the picturesque Peconic Bay Beach, providing numerous opportunities for water-based activities. Whether you're looking for a weekend getaway, a year-round residence, or a potential rental investment, 56 Inlet Rd W offers a unique blend of potential, location, and natural beauty. This property is a gem waiting to be discovered in a sought-after community.

Features

  • Rooms: 8
  • Bedrooms: 3
  • Baths: 1 full
  • Style: Cape Cod
  • Year Built: 1964
  • Garage: 2-car
  • Heating: Propane
  • Cooling: None
  • Basement: Crawl Space
  • Approx Sq. Feet: 1,044
  • Acreage: 0.44
  • Est. Taxes: $4,472
  • Elem. School: Hampton Bays Elementary School
  • Middle School: Hampton Bays Middle School
  • High School: Hampton Bays High School
  • School District: Hampton Bays
  • Appliances: Other
  • MLS#: 985770
  • Days on Market: 26 days
  • Website: https://www.raveis.com
    /prop/985770/56inletroadw_hamptonbays_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 Douglas Elliman Real Estate   Phone: 631-354-8100

William Raveis Family of Services

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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56 Inlet Road W, Hampton Bays, NY, 11946

$989,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $791,920 $791,920 $791,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.250% 6.000% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.069% 6.110% 5.932%
Monthly Tax Payment $373 $373 $373
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,373 $4,748 $6,576
Total Monthly Payment $4,838 $5,213 $7,041

* 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.