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This newly listed property is located within close proximity to renowned Shinnecock, Sebonac, National and Southampton Golf Courses, as well as Peconic Bay beaches. With a layout that includes three bedrooms and two bathrooms, including a generous primary suite, this home offers a comfortable and spacious living environment. The sun-filled open kitchen and breakfast nook opens on one side to the living room with vaulted ceilings, sliding glass doors, and wood burning fire place, on the other side to a dining room. The home boast a separate sitting room off the front foyer, providing some space for TV watching or quiet relaxation, as well as an additional room that can be tailored as a home office, studio, hobby room, or overflow space for house guests. The home includes a large basement with plenty of finishing opportunities to make it your own to create additional living space, a home theater, or gym. The large back deck provides an ideal space for lounging and entertaining and overlooking the 16 x 32 pool, and vast grounds. The fact that the property is just a short drive to Southampton Village with its dining, shopping, and beaches makes it a prime location for both tranquility and convenience.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,395,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,116,000 | $1,116,000 | $1,116,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.764% | 6.309% |
Monthly Tax Payment | $523 | $523 | $523 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,424 | $7,146 | $9,493 |
Total Monthly Payment | $7,072 | $7,794 | $10,141 |
* 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.