Discover the charm of East Hampton's latest 55+ community, featuring six beautifully crafted colonial-style homes set to be completed in 2024. These residences offer 3 bedrooms and 3. 5 baths, each designed with spacious, open layouts and lofty ceilings that enhance the overall sense of grandeur. The living area is anchored by a sleek gas fireplace and seamlessly connects to a gourmet kitchen. Here, you'll find top-of-the-line stainless steel appliances, including a true gas stove, and an extended bar-style countertop perfect for casual meals. The kitchen also provides easy access to a private outdoor patio, ideal for al fresco dining. Each home boasts a luxurious main-floor master suite, featuring two generous walk-in closets and an en-suite bathroom. Sliding doors from the master suite lead to a tranquil slate patio, offering a serene outdoor escape. The main floor also includes a guest powder room, a laundry room, and a spacious one-car garage. On the upper level, two additional bedroom suites, each with its own private bathroom, offer the perfect space for family members or weekend visitors looking to experience the Hampton lifestyle. The finished basement, with its high ceilings and half-bath, provides extra living space that can serve as a playroom, office, or storage. Construction is nearing completion, and the images shown are of another finished home in this exclusive community. This is your opportunity to enjoy modern living in a timeless setting.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,995,000
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 | $1,596,000 | $1,596,000 | $1,596,000 |
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 | $625 | $625 | $625 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,187 | $10,088 | $13,468 |
Total Monthly Payment | $9,937 | $10,838 | $14,218 |
* 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.