Presented byBarbara Riegger |
Hampton Bays living with a suburban feel. At the entrance to Southampton to Montauk (without the traffic), and the charming seaside villages between, the Hampton Bays are an extraordinary blend of country living and sophistication. With New York City just 90 miles away, this coveted getaway has long been the summer playground. Lively dining scene a short distance away and the bay waters are a magnet for outdoor sports such as wind surfing, sailing and stand-up paddleboarding. Come see this magnificent colonial home set on a quiet private street. This home is completely redone and "move-in" ready, with room for extended family. The first floor has a huge bedroom with a kitchenette, full bathroom and outside entrance with a tremendous amount of natural light. Great for an office, guest or extended family room, or a satellite office. On the second floor there are three bedrooms with a primary bedroom with access to your very own movie theater complete with theater seating and hidden surround sound speakers. The basement is partially finished and is ready for your personal touches. Seller currently has approved plans for a proposed extended wooden deck at the rear and south side of the home (survey and documents available). Do not miss this opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,300,000
William Raveis Real Estate
Phone: 631.288.3030
Barbara.Riegger@raveis.com
VP, Mortgage Banker
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 | $1,040,000 | $1,040,000 | $1,040,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.550% | 6.346% | 5.907% |
Monthly Tax Payment | $1,131 | $1,131 | $1,131 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,824 | $6,403 | $8,636 |
Total Monthly Payment | $7,080 | $7,659 | $9,892 |
* 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.