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Bring your Boat! Escape to your own slice of heaven in this recently renovated waterfront compound in Hampton Bays! This unique property boasts three distinct structures, offering ample space and luxury for your perfect summer getaway. Nestled along the stunning Shinnecock Bay with 80 feet of private waterfront, the property includes a 40-foot dock, perfect for bringing your boat—and a private sandy beach for relaxing afternoons by the water. The main house features 2 bedrooms and 2 baths with an open floor plan, highlighted by a gourmet kitchen with cathedral ceilings, a dining area, and a cozy living room with a fireplace. The guest cottage provides an additional 2 bedrooms and 1 bath, ideal for extended family or friends. Over the detached 2-car garage, a charming studio apartment with 1 bedroom and 1 bath adds even more flexibility. Spend your days lounging on the expansive wood decking, soaking in panoramic water views and gentle bay breezes. Perfectly located, this serene retreat is just minutes from ocean beaches, waterfront dining, and a quick 15-minute drive to Southampton, Westhampton Beach, and the North Fork. Whether you’re seeking a tranquil summer sanctuary or an unforgettable vacation destination, this waterfront gem offers everything you need for the ultimate Hamptons escape. Memorial Day - Labor Day $69k | May $15k | June $20k | July $30k | August $30k | September $15k | October $15k | Year Round $8, 500/month.
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Our Executive Mortgage Banker:
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$15,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $12,000 | $12,000 | $12,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $76 | $79 | $100 |
Total Monthly Payment | $151 | $154 | $175 |
* 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.