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New, Completely Finished, and Furnished in Eastport's Most Valuable and Magnificent Enclave - Within Southampton Township- and right near Southampton Township's Seatuck Cove Bay!! Built over the last 12 months and having newly received its Certificate of Occupancy for house and pool, this home would cost approximately $2. 1M to rebuild today due to increased tariffs on imported construction materials. This presents a rare opportunity to purchase below current replacement cost - an exceptional value and investment for the future owner. Amazingly, you can access right down the block of South Bay Avenue - A public Boat and Kayak launch, full-scale Marina, and Waterfront Restaurant - a veritable Boater and Water Lover's Dream!! This brand-new, fully furnished residence is part of an ultra-luxury 4-home cul-de-sac development which backs up to a serene 200, 000 sq. ft. Nature Preserve. With its prime location on the western edge of Southampton Township, residents enjoy quick access to all Southampton beaches and parks, as well as the ease of a significantly shortened commute from New York City. Move-in ready, with over 3, 500 sq. ft. of impeccably finished living space spanning three levels, the home features four bedrooms and three and a half baths, including two luxurious bedroom suites—one on each floor—providing flexibility for guests or multi-generational living. Designer finishes abound, from the wide-plank white oak floors and custom cabinetry to the Italian tile bathrooms and handcrafted built-ins. The kitchen dazzles with a 2-inch mitered Silestone island, creating a sophisticated setting for entertaining and relaxation. A synergistic and expandable Smart Hub easily and remotely controls alarm, doorbell camera, and temperature. Embrace the Hamptons lifestyle with unparalleled elegance, privacy, and convenience.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,685,000
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 | $1,348,000 | $1,348,000 | $1,348,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.309% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,654 | $8,631 | $11,466 |
Total Monthly Payment | $7,779 | $8,756 | $11,591 |
* 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.