Welcome to this beautifully updated 2-bedroom, 1. 5-bath ranch nestled in the heart of Southampton. Situated across the street from the stunning Big Fresh Pond, this home offers serene views and a landscaped yard that exudes tranquility. The property is a nature lover's dream, bordering a 10+ acre nature preserve that connects to an additional 40+ acres of reserve land, ensuring privacy and abundant opportunities for outdoor enjoyment. Step into the private backyard, where you'll find a patio area perfect for relaxing, a deck with a hot tub, and an outdoor shower. There's room for a pool with a variance to make it an ideal retreat for summer days. Inside, you will find a spacious living room with a Vermont Castings wood-burning stove which provides cozy warmth for winter evenings. The kitchen has been beautifully updated and features stainless steel appliances, a Viking stove, and a new pantry. The bathroom offers radiant heat for ultimate comfort under your feet. The home is equipped with central air, a 3-year-old high-efficiency burner, upgraded 200 AMP electrical service, an On Demand Generac generator, a newer double-walled fuel tank, and beautifully kept wood floors throughout. The full basement, accessible from inside and outside, offers additional storage and utility space. Parking is plentiful with a private driveway, one-car garage, with an additional side driveway for extra parking. Located in the desirable Big Fresh Pond Community, this home offers the perfect blend of convenience all being only 2 miles from Southampton Village and minutes to nearby beaches. With very low taxes, this property presents a fantastic opportunity to own a piece of paradise in Southampton.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,199,000
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 | $959,200 | $959,200 | $959,200 |
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 | $240 | $240 | $240 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,522 | $6,063 | $8,094 |
Total Monthly Payment | $5,887 | $6,428 | $8,459 |
* 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.