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Presented by![]() Patrick Duff |
Vacant 3. 14 acre land property available for sale in East Hampton. This gorgeous lot is expansive and only minutes from East Hampton Village, the Village's countless amenities, and Main Beach. Its also just a few short moments from Round Swamp Farm. The large size of this land and its location make it the perfect blank canvas for your new home. The property is flat and 52% cleared, with plenty of room to build an impressive new construction home with pool and tennis court. In addition, it butts up to a separate 3. 58+/- acre property that is also available for sale. This separate offering features a historic 3 bedroom/2 bathroom home, garage and barn. It's an opportunity to purchase both and create a dream East Hampton compound on 6. 72 +/- acres!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,875,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 617.901.9706
Patrick.Duff@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 339.224.0866
Scott.Petersen@raveis.com
NMLS Mortgage Loan Originator ID 32556
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,300,000 | $2,300,000 | $2,300,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.375% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.565% | 6.475% | 6.183% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,879 | $14,349 | $19,409 |
Total Monthly Payment | $13,004 | $14,474 | $19,534 |
* 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.