Hamptons Style, Sophistication & Proximity All At An Un Hamptons Price In This Spectacular Expanded & Completely Upgraded Traditional/Two Story Home - All High End Details & Finishes And Top Of The Line Features And Renovation Work On Stunning 1/2 Acre Property In The Highly Sought After "Newport Beach" Community - A Private Beach & Boat Mooring Community With Private Beach Rights To A Beautiful Sandy Bay Beach On Moriches Bay, Dock & Boat Docking/Slips (Association Dues Are Approximately $150 Per Year) & Also In The East Moriches Transitional/Historic District. . . Less Than A 15 Minute Drive To Downtown Main Street In Westhampton Beach & Renowned Dune Road Beaches. The Peaceful (No Hamptons Traffic) Hamlet Of East Moriches Also Has The Top East Moriches School District With Your Choice Of Three High Schools - Westhampton Beach, Eastport-South Manor Or Center Moriches! Beginning With Beautiful Curb Appeal - A Quiet, Mid Block Location, Wrapped In Custom Cut Bluestone Walls, Tall Privacy Trees, PVC Fencing & Magnificent Landscape - Arborvitae, Hydrangea, Flowering Trees & Bushes, Japanese Maple Trees, Dogwood Trees And Shade Trees. . . The Home Offers An Elegant, Spacious & Welcoming Floorplan - An Inviting Formal Living Room Offers Hardwood Floors & A Triple Andersen Window For Natural Light & Opens Into The Formal Dining Room & Eat In Kitchen, The Dining Room Offers Showcase 12' Andersen French Doors Overlooking The Backyard & Stunning Custom Cabinetry With A Built In Wet Bar, Glass Doors/Cabinetry & China/Glassware Storage. . . The Dining Room Opens Into The Magnificent Custom Chef's Kitchen With Walls Of Two Tone Custom High End "Waypoint" Cabinetry, An 8'+ Custom Island With Cambria Quartz Countertops, Kohler Whitehaven Farm Sink, Stainless Steel Appliances, Vaulted Ceilings, Recessed Lighting & Hardwood Floors. Also Off Of The Entrance Foyer Is A Welcoming Den With A Brick Fireplace, Hardwood Floors & A Double Window For Natural Light. A Private Hallway Leads To The Stunning Primary Bedroom Suite Addition - Offering Architectural Angled Ceilings, Accent Andersen Windows, French Doors To The Backyard, A Large Walk In Closet & A Magnificent Primary Bathroom With A Freestanding Air Jetted, Lighted Tub, Separate Oversized Custom Shower With Waterfall Styled Ceramic Tile, Multi Shower Heads, Frameless Doors & 24" x 24" Porcelain Tile (& Halfway Tiled Walls With Accent Glass Tile). A Lovely Guest Bathroom With Bombe Front Vanity & An Oversized Shower, Full Laundry Room (Off The Kitchen) With An Electrolux Washer, Gas Dryer & Additional Sink, And An Oversized One Car Garage Completes The First Floor. A Lovely, Traditional Stairway With Oak Treads & Spindles Leads To The Second Floor Offering Two Large Guest Bedrooms With Hardwood Floors, Two Closets & Eave Storage In Each Bedroom, And Two Windows In Each Room For Lots Of Natural Light, And A Lovely Full Bathroom With A Bathtub, Fully Ceramic Tiled Walls/Surround & Ceramic Tiled Floors. The Full Basement Is Half Finished With A Large Rec Room/Den & A Large Bedroom/Home Office With Two Double Sized Closets & A Full Egress Window (& Has A C/O) & The Unfinished Side Offers Loooots Of Storage, A Newer "System 2000 Kinetics" Burner, Separate 80 Gallon Hot Water Heater, New Oil Tank & 200 Amp Electric Service. Off Of The Kitchen, A Covered Side Portico/Porch With Stone Columns & Recessed Lighting (A Perfect Place To Escape & Read A Book/Relax) Leads To The Truly Magnificent Backyard Oasis Offering A Three Year Old 15' x 30' Custom Kidney Shaped Saltwater In Ground Pool With A Stunning Lighted Waterfall, Bluestone Pool Surround & Large Bluestone Patio/Lounging Area, Cut Bluestone Waterfall Walls/Surround, Stone Walkways & Retaining Walls Throughout, 9 Zone Sprinkler System & Magnificent Plantings, Flowers & Landscape. Additional Features Include: Solar Panels, Double Dipped Cedar Shake Siding, Architectural Roof, All Andersen Windows & Doors Throughout, Solid Wood Raised Panel Doors, Custom Moldings, Chandeliers & Ceiling Fans, Three Zone Heating System, Two Zone Central Air Conditioning, Belgium Block Lined Driveway With An Additional Separate Detached Garage (Or Large Storage/Potting Shed), And Much, Much More. . . An Unbelievable Opportunity & Top Location Just A Few Blocks From A Private Sandy Bay Beach, Short Drive To Westhampton Beach & The Chic Galleries, Championship Golf Courses, Vineyards, Farmstands & Wonderful Towns Of The Eastern Hamptons! This Home Is Not To Be Missed!
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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 | $703,920 | $703,920 | $703,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.055% | 6.234% | 5.805% |
Monthly Tax Payment | $1,198 | $1,198 | $1,198 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,942 | $4,277 | $5,798 |
Total Monthly Payment | $5,232 | $5,567 | $7,088 |
* 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.