20 Ludlow Lane, Southampton (Hampton Bays), NY, 11946 | $3,595,000

WATERFRONT PERFECTION WITH EVERY POSSIBLE AMENITY Brand new to the market, located South of the Highway. No stone unturned with the quality of construction and amenities with this incredible Beach House. It is in pristine and ready to enjoy condition. Start your day with the most breathtaking sunrises over Shinnecock Bay and the Ponquogue bridge to the east, from your own private white sandy beach with over 100ft of frontage. Located in the coveted Rampasture Point this special sun-drenched home offers excellent sunlight from any room or floor in the house, enjoy cooking in the spacious chef's kitchen with quartz countertops and stainless-steel high-end appliances, or sit by the fireplace and take in all that nature has to offer with this waterfront paradise. In addition, this property offers 4bedrooms, 3. 5 bathrooms a media room, several wrap around multi-level decks and balcony's looking out over the pool and the bay, in addition it offers a 2. 5 car garage heater ready with a Tesla charging station, fabulous Inground swimming pool with a baja sitting ledge and awesome Waterview's. Listing Features and Amenities: Instant hot tankless hot water heater , Radiant heat throughout plus natural gas forced hot air : Sprayed in insulation : Generac Generator : Fire suppression system : Tesla charging station : AC 2 zones : Irrigation system : 2. 5 car Garage : Workshop : kayaking, paddle boarding, jet skiing, fishing, all from your own private beach.

Features

  • Town: Southampton
  • Amenities: Powered Boats Allowed
  • Rooms: 10
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Style: Modern
  • Year Built: 2017
  • Garage: 3-car Attached
  • Heating: Natural Gas, Forced Air, Hydro Air, Radiant
  • Cooling: Central Air
  • Basement: Partial, Unfinished, Walk-Out Access
  • Approx Sq. Feet: 3,000
  • Acreage: 0.63
  • Est. Taxes: $21,119
  • Lot Desc: Level, Stone/Brick Wall
  • View: Bridge(s), Skyline, Other
  • Water Front: Yes
  • Middle School: Hampton Bays Middle School
  • High School: Hampton Bays High School
  • School District: Hampton Bays
  • Pool: In Ground
  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer, Tankless Water Heater
  • MLS#: 3563397
  • Days on Market: 125 days
  • Website: https://www.raveis.com
    /eprop/3563397/20ludlowlane_southampton_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Corcoran   Phone: 631-288-6900

William Raveis Family of Services

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

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20 Ludlow Lane, Southampton (Hampton Bays), NY, 11946

$3,595,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $2,876,000 $2,876,000 $2,876,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.955% 6.612% 6.182%
Monthly Tax Payment $1,760 $1,760 $1,760
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $16,556 $18,178 $24,269
Total Monthly Payment $18,441 $20,063 $26,154

* 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.