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Welcome to 1 Gerald Lane, Hampton Bays – Your Private Retreat at the End of a Quiet Cul-de-Sac , this well-maintained home offers the perfect blend of comfort, style, and convenience. This home features 4 large bedrooms. Primary with private bath and three additional spacious bedrooms, full upstairs guest bath with tub and shower, this home is thoughtfully designed for relaxed living and effortless entertaining. The heart of the home is the chef’s kitchen, complete with granite countertops, high end stainless appliances, natural gas for stove top cooking, a center island, and ample cabinetry—ideal for culinary enthusiasts and casual dining alike. A cozy den with a half bath and stackable laundry, provides the perfect flex space for a home office, playroom, or guest area, while the living room invites gatherings and relaxation. Step outside to your backyard oasis with a sparkling inground pool—perfect for summer days or weekend entertaining. A full basement offers additional storage or potential for future expansion. Located just minutes from beaches, shopping, schools, and the public library, this home combines suburban peace with coastal charm and everyday convenience. Unlike many homes and developments in Hampton Bays, this residence is connected to natural gas. Don't miss your chance to own this slice of the Hamptons!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,150,000
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 | $920,000 | $920,000 | $920,000 |
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 | $637 | $637 | $637 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,296 | $5,891 | $7,826 |
Total Monthly Payment | $6,058 | $6,653 | $8,588 |
* 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.