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Water Mill Modern Farmhouse Masterpiece - Built in 2022 This stunning Modern Farmhouse, built in 2022, is located in prime Water Mill North, off of Head of Pond Road, across from Mill Pond. There are five king-sized bedrooms, 7 full baths and one half bath. The sun-flooded main floor includes a soaring two-story entrance foyer, high ceilings, state of the art kitchen with breakfast area, Thermador appliances, built-in Thermador wine column, a large walk in pantry and open central dining area. The living room has a masonry fireplace and sliding doors to the south-facing bluestone patio. There is a separate formal dining room with shiplap trim, a spacious first floor primary suite with high ceilings and its own en-suite bathroom, a full sized pool bathroom, a powder room, a spacious mud room, and oversized attached two car garage. Sliding glass doors lead to a large two-level bluestone patio and 20x40 heated gunite pool with water feature. The second floor includes a large primary suite with private balcony overlooking the pool and bluestone patio. Its en-suite bathroom has a floating bathtub, double sinks, radiant heated floors, and oversized walk-in shower. Each additional bedroom is en-suite with its own private bathroom. All closets are custom built and there is a separate bonus room. The partially finished basement includes a full bathroom. There is an additional 1900 square feet of unfinished basement, with high ceilings and four windows that can be easily finished and customized. A large, level driveway from Head of Pond Road leads to the attached garage, bluestone front walkway and stately covered front entrance. Mature landscaping provides complete privacy and an estate-like feeling to the property.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,500,000
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 | $4,400,000 | $4,400,000 | $4,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.750% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.761% | 6.865% | 6.560% |
Monthly Tax Payment | $1,081 | $1,081 | $1,081 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $26,028 | $28,538 | $38,027 |
Total Monthly Payment | $27,234 | $29,744 | $39,233 |
* 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.