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Presented by![]() Joanne Micali Herlihy |
The cottage is truly lovely, inspiring and tranquil - yet only a 5 minute walk to the shops and chic restaurants of Main Street. It is less than a 10 minute walk to both the train station and the Bridgehampton Jitney stop that travels to and from New York City. Located in the back of the property (separated from the main house by roughly 80 ft) this beautiful, quintessential Hamptons cottage sits in gardened surroundings. With two bedrooms and one bathroom, the space and furnishings are clean white, complemented with an array of décor and artifacts from sleek porcelain whites to rustic golds. The home is supplied with a fully-equipped kitchen, dining table, television, washer/dryer and large bathroom with a walk-in shower. The living room boasts vaulted ceilings, an exquisite shell-entrusted chandelier and a sitting area with fireplace. Both bedrooms have queen-size beds, closets and dressers. The private stone patio has a breakfast table that seats four for morning coffee or sunset apéritifs. The tenant will have their own private garden with reclining chairs behind the cottage. There are plenty of seating options, flowers, fountains, birds, sculptures (and one frog) . The cottage is set at the back of the property. The tenant will have a private entrance, private breakfast patio and private backyard. A parking space is provided at the entrance of the property. The property is most comfortable for two people but can accommodate a maximum of four. With the shrubbery and ponds, the garden is not ideal for young children. Both the cottage and garden have been featured in the New York Times, House & Garden, The East Hampton Star, and HC&G Magazine.
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William Raveis Real Estate
Phone: 860.841.1965
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William Raveis Mortgage, LLC
Phone: 860.625.5780
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NMLS Mortgage Loan Originator ID 2104486
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $20,000 | $20,000 | $20,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $126 | $131 | $167 |
Total Monthly Payment | $201 | $206 | $242 |
* 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.