Discover a rare gem in Southampton, an updated and well-appointed contemporary home with a separate accessory apartment. Designed by renowned Designer Elsa Soyars, this single-story residence features 4 bedrooms and 2 full baths, exuding charm, style, and timeless elegance on 1. 03? acres. The bright foyer with vaulted ceilings leads to a lovely living room and dining area with a wood-burning fireplace. The open floor plan includes a stylishly renovated kitchen with French doors opening to a secluded and tranquil outdoor space. This area features a deck overlooking a heated swimming pool, multiple entertaining areas, and a broad lawn with mature landscaping. The cottage offers an additional 600+ sq ft of living space, spread over 2 floors and separate from the main house. It includes a renovated kitchen and full bath, central air conditioning, a spacious private outdoor patio, and a parking area. This property presents a potential investment opportunity or the chance to create a serene Hamptons retreat, conveniently located just outside Southampton Village, near world-class shopping, restaurants, and bay and ocean beaches.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,795,000
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 | $2,236,000 | $2,236,000 | $2,236,000 |
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 | $332 | $332 | $332 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,872 | $14,133 | $18,869 |
Total Monthly Payment | $13,329 | $14,590 | $19,326 |
* 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.