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Presented by![]() Amber Cioffi |
One of a kind property designed by the legendary George Nelson, this extraordinary home is sits on the top of a hill on nearly an acre of land that backs up to Montauk Point State Park and offers extraordinary 360 degree water views overlooking Lake Montauk, Long Island Sound, Big Reed Pond and the Atlantic Ocean. A mid-century modern masterpiece, the home was designed by connecting several hexagonal shapes of various sizes to form a complete structure. At night, the illusion of natural light is provided through illuminated skylights. The 2, 700 square foot home features 4 bedrooms, 3. 5 baths, oversized two-car garage, two massive floor to ceiling inlaid stone fireplaces, domed skylights, salt water pool, patio with outdoor living area and a roof deck overlooking Montauk with views over the Long Island sound to Connecticut and New York Famed Architect Lauren Rottet purchased the house in March of 2012 where she immediately began careful renovations and improvements with respect to the original design to revive the property George Nelson furniture, such as the classic marshmallow sofa, is seamlessly mixed among an eclectic collection of pieces from local stores and antique shops along with furniture from Ms. Rottets new collection inspired by the house itself called Montauk Gray. It is a truly one of kind Montauk experience. SHOW LESS
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Our Executive Mortgage Banker:
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$61,999
Sales Associate
William Raveis Real Estate
Phone: 203.520.2645
Amber.Cioffi@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.274.0501
Gerry.OBrian@raveis.com
NMLS Mortgage Loan Originator ID 223191
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $49,599 | $49,599 | $49,599 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.695% | 6.810% | 6.026% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $286 | $318 | $412 |
Total Monthly Payment | $361 | $393 | $487 |
* 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.