Location, location, location! Boasting stunning panoramic views in Ocean Colony, this spacious, modern, newly renovated upper-level duplex with two bedrooms and two full bathrooms is a homeowner's/vacationers' paradise on the Atlantic Ocean! The main level features a beautiful kitchen with a separate spacious pantry, stainless steel appliances, quartz countertops and an island that seats six! It also features a primary bedroom, a full bath, and a balcony to enjoy magnificent sunsets. The second level features a spacious second bedroom and full bath. All new window treatments, split system and central AC. Laundry and storage for bicycles and equipment are conveniently located on the building's lower level. Community amenities include heated pool, tennis and pickleball courts, clubhouse and food and beverage service on the private beach. No need to bring chairs, the cabana personnel do it all! Professionally managed rental program. Conveniently located south of the highway on 8. 8 acres of oceanfront property between Amagansett Village and Montauk. Close to Jitney, LIRR, the Lobster Roll Lunch, The Clam Bar, Shark Bar, Goldberg Bagels and more!
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Our Executive Mortgage Banker:
Our Insurance Division:
$775,000
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 | $620,000 | $620,000 | $620,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,125 | $4,121 | $5,229 |
Total Monthly Payment | $4,217 | $4,213 | $5,321 |
* 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.