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!
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Our Executive Mortgage Banker:
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$1,495,000
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 | $1,196,000 | $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.