89 Bellows Terrace, Southampton (Hampton Bays), NY, 11946 | $1,495,000

Seize this rare chance to own a builder's personal home, offering spacious accommodations ideal for separate guest quarters, a potential mother/daughter setup, or an income-producing Accessory Dwelling Unit, all in the desirable Town of Southampton, https: //www. southamptontownny. gov/2010/NYS-Plus-One-ADU-Program with too many custom amenities to list. Nestled on three-quarters of an acre, this beautifully landscaped property provides year-round privacy and scenic beauty. This Hamptons home, located in the beach community of Tiana Shores, is meticulously maintained and features a luxurious primary en suite with generous closets and a custom marble bathroom, two additional bedrooms both with walk-in closets, and a full bathroom, mud room with laundry, , kitchen, dining, and living room with an open concept for entertaining. The finished basement adds even more space, complete with a home office, powder room, den, and ample room for a studio, theater and workout area. A standout feature is the massive 2, 500 sq. ft. detached three-car garage/workshop rough plumbed for radiant heat and offering a full second floor, ready to customize to suit your needs. There's also room for a pool, along with plenty of storage space for your RV, boat, and other equipment. . Must See!

Features

  • Town: Southampton
  • Rooms: 14
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Style: Ranch
  • Year Built: 1997
  • Garage: 3-car Detached
  • Heating: Oil, Baseboard, Radiant
  • Cooling: Central Air
  • Basement: Bilco Door(s), Full, Partially Finished
  • Acreage: 0.76
  • Est. Taxes: $7,372
  • Lot Desc: Level, Private
  • Elem. School: Hampton Bays Elementary School
  • Middle School: Hampton Bays Middle School
  • High School: Hampton Bays High School
  • School District: Hampton Bays
  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • MLS#: 3578776
  • Days on Market: 56 days
  • Website: https://www.raveis.com
    /eprop/3578776/89bellowsterrace_southampton_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Karen O Connolly   Phone: 631-728-3617

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

89 Bellows Terrace, Southampton (Hampton Bays), NY, 11946

$1,495,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $1,196,000 $1,196,000 $1,196,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.902% 6.486% 6.056%
Monthly Tax Payment $614 $614 $614
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,791 $7,461 $10,012
Total Monthly Payment $7,530 $8,200 $10,751

* 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.