Discover your dream home at 700 Edge of Woods in Water Mill, now available for sale. This beautifully renovated 3-bedroom, 2-bathroom residence underwent a complete transformation in 2024. The home boasts a modern kitchen with brand-new appliances, two custom-designed bathrooms, and stylish new designs. The lower level has been thoughtfully reimagined to include a custom buildout with a versatile bonus room. The exterior of this 1, 700+/- square foot home has also been meticulously upgraded. The decking has been completely redone and freshly painted, ensuring a seamless blend of indoor and outdoor living. This property is ready for you to move right in and start enjoying the Hamptons lifestyle. Set on a sprawling 0. 98+/- acre lot, the grounds have been enhanced with a comprehensive landscaping update. This includes a new irrigation system, the planting of 300 Green Giant Arborvitaes, and 100 specimen shrubs, featuring stunning Hydrangeas. The expansive lot size and prime location make this property an excellent candidate for new construction, should you wish to build a custom home tailored to your preferences. Conveniently situated near the charming villages of Southampton, Sag Harbor, Bridgehampton, and Water Mill, this property offers the perfect Hamptons setting. Whether you choose to enjoy the existing home or envision a new custom build, 700 Edge of Woods is your gateway to a luxurious Hamptons paradise. , Additional information: Interior Features: Lr/Dr
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William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $1,996,000 | $1,996,000 | $1,996,000 |
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 | 6.700% | 6.222% | 5.785% |
Monthly Tax Payment | $383 | $383 | $383 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,177 | $12,128 | $16,442 |
Total Monthly Payment | $11,685 | $12,636 | $16,950 |
* 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.