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This traditional home in Southampton is truly a gem, offering a perfect blend of elegance and functionality. Its six bedrooms and five baths easily accommodate family living and entertaining. The spacious foyer sets the tone for the open layout, leading seamlessly into an expansive living room and a modern kitchen that caters to all your culinary needs. Natural light floods the interior, thanks to the French sliders that open to the outdoor area, where a newly added in-ground gunite pool and built in hot tub awaits. The hardwood floors add warmth and sophistication, while the first-floor primary bedroom provides convenience. The 4 bedrooms upstairs ensure ample space for guests, and the impressively finished lower level offers a media room-ideal for relaxation and entertainment. The great room above the garage presents further versatility for your lifestyle needs. The home's prime location near Route 27/39, Southampton Village, Coopers Beach, and public transportation enhances its appeal, making it a beautiful residence and a lucrative investment opportunity with a strong rental history offering immediate returns for your investment. This property is bright, spacious, and ideally situated for both enjoyment and income potential.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,650,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,120,000 | $2,120,000 | $2,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.511% | 6.309% |
Monthly Tax Payment | $967 | $967 | $967 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,037 | $13,226 | $18,033 |
Total Monthly Payment | $13,129 | $14,318 | $19,125 |
* 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.