3 Farrington Road, Montauk, NY, 11954 | $2,500,000

Nestled on a shy three quarters of an acre, this five bedroom, four and a half bath home offers the perfect balance of luxury and comfortable living. This three story property features over 4, 000 square feet of thoughtfully designed space, including two levels of wrap around decks. The kitchen includes expansive counter space, a large island with room for five, stainless steel appliances, and a generous walk-in pantry. The adjacent dining room, with a center fireplace, comfortably seats ten and leads to a vaulted ceiling living room, large enough to host two separate lounging areas. French glass doors span the length of the floor and open to the upper deck, where you can enjoy Montauk sunsets. The layout of the bedroom floor ensures privacy and comfort for everyone. Two generously proportioned primary suites, each with access to the lower deck, have custom walk-in closets and beautifully appointed baths. Three additional bedrooms are considerably sized and can accommodate queen, king or bunk beds. All are bright and share a large bath. Bonus rooms on the entry floor offer versatility for multiple design possibilities. With an additional full bath and a good deal of closet space, create a gym/yoga space, wine cellar or home office. Currently configured as a den, office and additional sleeping quarters, this space can easily be adapted to suit your needs. Survey with pool envelope, winter glimpses of the water, and a strong rental history complete this offering!

Features

  • Rooms: 8
  • Bedrooms: 5
  • Baths: 4 full / 1 half
  • Year Built: 1986
  • Garage: 2-car Attached
  • Basement: Full
  • Approx Sq. Feet: 4,200
  • Acreage: 0.71
  • Est. Taxes: $12,715
  • MLS#: 917500
  • Days on Market: 147 days
  • Buyer Broker Compensation: 2.50%
  • Website: https://www.raveis.com
    /mls/917500/3farringtonroad_montauk_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

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Karen HoganLicensed Real Estate Salesperson

917.750.9492

Karen.Hogan@raveis.com

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

  • Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.

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
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

3 Farrington Road, Montauk, NY, 11954

$2,500,000

Karen Hogan

Licensed Real Estate Salesperson

William Raveis Real Estate

Phone: 917.750.9492

Karen.Hogan@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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,000,000 $2,000,000 $2,000,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.250% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.517% 6.235% 6.058%
Monthly Tax Payment $1,060 $1,060 $1,060
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,044 $12,152 $16,742
Total Monthly Payment $12,229 $13,337 $17,927

* 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.