This perfectly positioned waterfront combination is elevated on the east side of Three Mile Harbor with more than 132' of unobstructed frontage. Witness the most impressive sunsets, soaring birds and fish swirls in the protected harbor. This special opportunity includes the waterfront property on 0. 60 acres with custom built three bedroom, three bath house with a generous finished lower level featuring a recreational area, office and full bath and attached two- and one-half car garage. Also included is a single and separate two-bedroom guest cottage with flagstone patio, deck and one car garage on 0. 37 acres. Both properties allow for expansion possibilities, showcasing synergism. Exquisitely landscaped grounds lush, green lawns, July fireworks and truly memorable sunsets. Close to Round Swamp and Damark's for takeout or dine at one of the popular restaurants nearby. Boaters are exactly one mile from full-service Marinas. If needed East Hampton Village is only 3. 5 miles from here. The waterfront property can be purchased by itself for $6. 8m or in conjunction with the adjacent cottage property creating the perfect combination for $9. 550m.
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Our Executive Mortgage Banker:
Our Insurance Division:
$8,950,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $7,160,000 | $7,160,000 | $7,160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.987% | 6.234% | 5.805% |
Monthly Tax Payment | $1,468 | $1,468 | $1,468 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $40,094 | $43,505 | $58,979 |
Total Monthly Payment | $41,687 | $45,098 | $60,572 |
* 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.