Welcome to your own private oasis. this stunning Water Mill home, situated on a sprawling 3. 70 acre lot, offering a fully renovated 4 bedroom, 5 and a half baths over 6500 sqft, is a truly special Hamptons escape. Inside you will find a beautifully appointed living room with wood burning fireplace, sun drenched dining room with views of the lush, mature landscaping, a second living room, office or study, and a chefs kitchen with stainless steel package, including a Wolf stove and Sub Zero refrigerator, conveniently located next to an oversized pantry. The second floor features a luxurious primary ensuite with spa like bath, vaulted ceilings and fireplace, two additional guest ensuites, and convenient second floor laundry room. The finished lower level offers a full bath, bedroom, play room, and storage space. Outside, enjoy the 20x40 in ground pool with spa, blue stone patio and outdoor shower, perfect for relaxing and entertaining with the added feature of being fully gated and fenced for added privacy and security. There is even room for a tennis court if desired. The 3 car attached garage also offers a bonus room or office space above with separate staircase. Don't miss out on the opportunity to enjoy Hamptons living at its finest in the heart of Water Mill.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,250,000
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 | $4,200,000 | $4,200,000 | $4,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $952 | $952 | $952 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $23,847 | $26,203 | $35,159 |
Total Monthly Payment | $24,924 | $27,280 | $36,236 |
* 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.