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8 Magnolia Drive, #2A, Southampton (Water Mill), NY, 11976 | $17,500
BE THE FIRST TO RENT-WATERMILL CROSSING - NEW LUXURY TOWNHOMES Everything brand new! Be the first to enjoy! An exciting new community in the heart of Water Mill offering the ultimate in luxury and convenience. Watermill Crossing provides village living with full services and amenities in homes inspired by quintessential Hamptons architecture. Materials and finish's of the highest quality are a hallmark of this community with no detailing overlooked in curating this best in class living experience. Situated on manicured 6. 4 acres and ready for occupancy. Two story range 2500+/-sq ft with 4 bedrooms 4. 5 baths, a lower level and attached garage. Light filled open main floor living spaces flow easily among a living room with fireplace, dining area and eat in kitchen with top of the line stainless steel appliances and quartz counter tops with island seating. Offering 2 primary suites one on each level. Plus 2 additional bedrooms totaling 4 . This residence has been created with custom window treatments , furniture and fully equipped kitchen and bath accessories. All that's needed to move in is a toothbrush to enjoy this easy luxurious lifestyle. The community includes a centrally located Clubhouse set amid specimen landscaping and a fitness room, locker room/showers, great room/fireplace opening to a covered patio, there is a lounge with card tables/ wet bar and powder room to complete this space. Outdoors there is a patio area with gunite pool and separate spa and outdoors showers. Watermill crossing is an adjacent to The Mill which has Goldbergs Bagels, Bistro Ete and other places to enjoy. Just east is a community park, ball fields and tennis courts maintained by Watermill Community Club which is a great space to use for outdoor sports. Ocean beaches are a few miles away to enjoy. [[Rental Registration # Pending]]
Features
- Type: Multi Family
- Town: Southampton
- Rooms: 7
- Bedrooms: 4
- Baths: 4 full / 1 half
- Style: Post Modern
- Year Built: 2025
- Garage: 1-car
- Heating: Hot Air
- Cooling: Central Air
- Basement: Finished, Full, Storage Space, Walk-Out Access
- Approx Sq. Feet: 2,591
- Elem. School: Southampton Elementary School
- Middle School: Contact Agent
- High School: Southampton High School
- School District: Southampton
- Pet Policy: Breed Restrictions, Dogs OK, Number Limit, Size Limit
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer, Wine Refrigerator
- Lease Term Type: 24 Months
- MLS#: 858777
- Days on Market: 5 days
- Website: https://www.raveis.com
/prop/858777/8magnoliadrive_southampton_ny?source=qrflyer
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@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!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Jennifer HartInsurance Sales Director, William Raveis Insurance
978.457.6220
Jennifer.Hart@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
8 Magnolia Drive, #2A, Southampton (Water Mill), NY, 11976
$17,500
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $14,000 | $14,000 | $14,000 |
| 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 | 7.108% | 7.063% | 6.152% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $88 | $92 | $117 |
| Total Monthly Payment | $163 | $167 | $192 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535