Welcome to your dream bay front retreat. Perfectly located between NYC and The Hamptons lies this absolutely stunning property. This exquisite 2-bedroom, 1-bathroom home, built in 2014, offers a blend of modern luxury and coastal charm, elevated above FEMA standards for added peace of mind. Nestled along the picturesque Great South Bay, this residence boasts panoramic water views and frontage that promise serene sunsets and tranquil mornings. The open floor plan seamlessly connects the living, dining, and kitchen areas, creating an inviting atmosphere perfect for entertaining or simply relaxing. Large windows and sliding glass doors flood the home with natural light and frame breathtaking bay views from nearly every room. The well-appointed kitchen features JennAir appliances, elegant cabinetry, granite countertops and a functional layout. One of the standout features of this home is its Navien heating system, ensuring efficient and reliable warmth during the cooler months. For convenience and accessibility, an elevator provides easy access to all levels of the home, enhancing the overall comfort and usability of the space. Get outside to discover the outdoor shower, perfect for rinsing off after a day at the beach or on the boat, and enjoy the elevated deck area, ideal for alfresco dining or simply soaking in the spectacular bay views. With its thoughtful upgrades and prime location, this home is a coastal gem you won't want to miss.
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$769,000
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 | $615,200 | $615,200 | $615,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $1,263 | $1,263 | $1,263 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,197 | $4,089 | $5,188 |
Total Monthly Payment | $5,552 | $5,444 | $6,543 |
* 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.