561 Sagg Main Street, Sagaponack, NY, 11962 | $175,000

In the heart of Sagaponack is this elegant and private house, offering plenty of room for your family and guests to relax and entertain - with 9 ensuite bedrooms including the one in the private cottage/pool house. The house main floor offers super large living room with baby grand piano and seating for 12 guests, wood burning fireplace, formal dining room, fully equipped chef's kitchen, 2 large family rooms with TVs. The first floor primary suite and 2nd floor primary suite have large marble baths, and wood burning fireplaces. New Frette and better linens and towels throughout. Further the house has a private library/office; well equipped exercise room, a 3 story stair hall with 2 large informal rooms with bookcases, art, covered mahogany porch with swing and seating for 10. Magnificent garden view windows ! The fully finished lower level offers laundry room and storage spaces. The separate guest cottage/pool house offers a private bedroom, mahogany deck, wet bar, marble bath, outdoor shower, and living room with wood burning fireplace; private wine cellar. All rooms have central HVAC. The beautifully designed outdoors boasts heated 50ft pool with blue stone patio with retractable awning, dining and cocktail seating with outdoor grill, all surrounded by mature trees and blooming gardens. European style parking court. Further, the tenants can use large vegetable and cut gardens and enjoy the English entry garden and apple orchard. While the original cottage (2500 sf) was built in the 60s, the main house (4500 sf) was completed in 2008. This unique Hamptons gateway is a true oasis, that's always ready to welcome family and guests for a fantastic summer experience ! Very close to Sagg store and ocean beaches and a quick drive to golf course, restaurants, winery and shopping.

Features

  • Type: Residential
  • Bedrooms: 9
  • Baths: 8 full
  • Style: Cape
  • Year Built: 1960
  • Garage: 2-car Attached
  • Basement: Full
  • Approx Sq. Feet: 7,000
  • Acreage: 1.3
  • Pool: Yes
  • Pets Allowed: Yes
  • Pet Policy: To be approved by landlord/ extra security
  • MLS#: 78992
  • Days on Market: 1891 days
  • Website: https://www.raveis.com
    /raveis/78992/561saggmainstreet_sagaponack_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

William Raveis Family of Services

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Irena GrantLicensed Real Estate Salesperson

631.935.4936

Irena.Grant@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Jennifer HartInsurance Sales Director, William Raveis Insurance

978.457.6220

Jennifer.Hart@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

561 Sagg Main Street, Sagaponack, NY, 11962

$175,000

Irena Grant

Licensed Real Estate Salesperson

William Raveis Real Estate

Phone: 631.935.4936

Irena.Grant@raveis.com

Sarah DeFlorio

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 $140,000 $140,000 $140,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 7.125% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.173% 7.316% 6.550%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $908 $943 $1,200
Total Monthly Payment $983 $1,018 $1,275

* 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.