8 Millfarm Lane, Southampton (Water Mill), NY, 11976 | $30,000

A stunning Water Mill location and an equally beautiful home. Located on a coveted, tree-lined street among grand estates, in a bucolic countryside setting overlooking acres of open farmland reserve, this newly-renovated 6 bedroom, 6 full baths and 2. 5 bath, Traditional style home is the epitome of Hamptons living. Minutes from Southampton village and the best beaches, the house is 5, 500+/- sf of luxurious, stylish, and comfortable interior living space. An incredible, double-height foyer leads into the bright and open floor plan. Multiple parlors, sitting and entertaining spaces. A gorgeous and new, chef's eat-in kitchen with top-of-the-line, Wolf and Miele appliances, as well as a chic formal dining room with a coffered ceiling. Designer fixtures and fine finishes throughout. All baths have been completely renovated to the highest of standards with rich decorative tiling and marble. Oversized and stunning master bedroom with master bath and a balcony that overlooks scenic farm views. Walk into the newly-built family room with a fireplace, surrounded by windows overlooking the backyard, inundating the room with natural light that seamlessly join the outside with the inside. In addition, the newly-finished lower level offers a media room, bedroom, gym, and full bath. Outdoors, the grounds are professionally manicured and surrounded by high hedges for privacy and outdoor dining and lounging areas alongside the 40 x 20 heated pool. Bonus amenities include an attached 2-car garage and outdoor shower. Minutes to Southampton village, restaurants and ocean beaches.

Features

  • Type: Single Family
  • Town: Southampton
  • Bedrooms: 6
  • Baths: 6 full / 2 half
  • Style: Traditional
  • Garage: 2-car Attached
  • Heating: Natural Gas, Hot Water
  • Cooling: Central Air
  • Basement: Finished
  • Middle School: Southampton Intermediate School
  • High School: Southampton High School
  • School District: Southampton
  • Pool: In Ground
  • Pet Policy: Cats OK
  • MLS#: 3538831
  • Days on Market: 231 days
  • Website: https://www.raveis.com
    /prop/3538831/8millfarmlane_southampton_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.Listing courtesy of Brown Harris Stevens Hamptons   Phone: 631-287-4900

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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8 Millfarm Lane, Southampton (Water Mill), NY, 11976

$30,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $24,000 $24,000 $24,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.159% 6.276%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $160 $160 $202
Total Monthly Payment $235 $235 $277

* 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.