A 1.5 acre lot bordered by reserve in East Hampton's highly desirable Old Orchard area. Renovate or build new on this sizable lot that is just minutes to East Hampton Village and world-renowned ocean beaches. The current 2454 SF house is a 1 story modern built in 1980. There is a detached two-story garage and swimming pool. Existing Building Coverage: 3,641 sq. ft. Permitted Building Coverage: 8,399 sq. ft. Existing Total Lot Coverage: 11,291 sq. ft. (17.28%) Permitted Total Lot Coverage: 26,135 sq. ft. (40%) The total Lot Coverage includes Driveway. See attached survey.
Type:
Single-family residential
Heating:
Electric, Forced Air, Geothermal
Basement:
Bilco Door(s), Partial
Parking:
Private, 2 Car Detached, Driveway
Construction
Frame, Wood Siding
Lot Description:
Part Wooded
Elementary School:
John M Marshall Elementary School
Middle School:
East Hampton Middle School
High School:
East Hampton High School
School District:
East Hampton
2 Old Orchard Lane, East Hampton, NY, 11937
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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