Location and bay views converge to create this luxurious and welcoming two-story home at 25 Oceanview Drive. It is nestled within the highly sought after area of Shinnecock Hills Bay. A cedar shake, 4-Bedroom, 2 1/2 Bathroom, 1, 943 sf home overlooks the soothing waters of Shinnecock Bay and is just minutes away from all the best dining, shopping and vibrant lifestyle activities in all of the Hamptons! Enjoy days filled with conversation and relaxation in light filled spaces on the 2nd floor living area with open living room, dining room and kitchen. A backyard-facing second floor terrace offers outdoor dining for every meal of your day. 4 private bedrooms and 2. 5 bathrooms provide generous spaces on the 1st floor, including a primary bedroom with a private terrace, for reading a great book or catching up on the day's events on your digital devices. A stunning backyard garden provides multiple areas for relaxation or entertaining, including a fire pit, outdoor dining and a heated saltwater pool, with a featured private waterfall, along with an outdoor shower. External cabana-style features include a kitchenette for outdoor entertaining and separate half bath. Home includes brand new water well holding tank, and solar panels for lower energy costs. In addition, it is nearby to numerous waterside restaurants and located within minutes of some of the best Hampton's beaches, and only 95 miles from Manhattan by car, bus, or train. Located under 5 miles from the Southampton LIRR and the Southampton Jitney stop. Enjoy the best of the Hamptons in this centrally located gem of a home, offering close proximity to all of the Hamptons - from Westhampton to Montauk. The North Fork is also a short distance away to savor numerous vineyards, farms, and the sound.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,165,000
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 | $1,732,000 | $1,732,000 | $1,732,000 |
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 | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $633 | $633 | $633 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,699 | $10,524 | $14,267 |
Total Monthly Payment | $10,456 | $11,281 | $15,024 |
* 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.