This custom-built, two-story farmhouse nestled on a sprawling 1. 6-acre estate offers unparalleled privacy and tranquility, surrounded by over 35 acres of reserve land. The property boasts beautifully landscaped gardens and expansive decking that encircles the sparkling 20x40 pool, providing the perfect setting for outdoor gatherings and relaxation. Accessed via a long driveway, the focal point of the estate is the spacious 4, 000 square foot residence, designed for both comfort and entertainment. Multiple entertainment spaces, including a living room with a fireplace, a family room with another fireplace, and a sizable bonus room ideal for a home theater, office, or playroom, ensure there's plenty of room for everyone to enjoy. The thoughtful design of the home includes two master suites, each located on separate floors, offering convenience and privacy. Additional amenities such as a three-car garage, central air conditioning, an irrigation system, outdoor shower, and full basement enhance the property's appeal and functionality. This Hamptons hideaway provides the perfect escape, with a spacious yard for relaxation and hosting large private parties. Its proximity to fabulous bay and ocean beaches, as well as some of the finest restaurants in the Hamptons, further elevates its desirability as a premier retreat for those seeking luxury, convenience, and serenity in equal measure.
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Our Executive Mortgage Banker:
Our Insurance Division:
$30,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $24,000 | $24,000 | $24,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $150 | $146 | $190 |
Total Monthly Payment | $225 | $221 | $265 |
* 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.