Southampton Waterfront Compound- 2 Docks 2 Dream About An unparalleled opportunity awaits. A chance to secure a South of the Highway waterfront 2-lot compound with tennis that defines the pinnacle of waterfront living. This exceptional offering unveils not just one, but two magnificent waterfront properties, seamlessly combined across 1. 8+/- acres of prime Southampton landscape. Delight in the rarity of owning dual private docks, granting you unparalleled access to boating and fishing adventures. From the moment you step into this enchanting estate, you'll be captivated by the allure of boundless possibilities and the serenity of waterfront living. The first residence, situated on approximately an acre of prime waterfront land on 170+/- ft. of waterfrontage, presents a stunning 4-bedroom home adorned with lavish amenities including 2 living areas, fireplace, up to date kitchen, dining area, and multiple viewing decks. Overlooking the tranquil waters, you'll find a resort-style pool, Har Tru tennis court, and a private dock - an oasis for water enthusiasts and a haven of tranquility. Indulge in the charm of a beautifully renovated cottage on the second property, spanning 0. 80+/- acres. With 3 bedrooms and 1-bath, this delightful abode invites you to embrace a relaxed lifestyle by the water's edge. Offering unlimited potential for expansion, making this retreat a canvas for your dreams. For those captivated by the allure of boating and water sports, the second residence is a paradise in its own right with approximately 114+/- ft. of waterfrontage. Boasting a remarkable 100+/- ft. dock, this charming 3-plus bedroom cottage allows you to seamlessly transition from leisurely days at home to thrilling aquatic adventures on Shinnecock Bay, the ocean and beyond. Seize this unparalleled moment to own not only two extraordinary homes on approximately 250 ft. of waterfront perfection, but a piece of Southampton's coveted lifestyle; Where boating, fishing, and proximity to renowned golf clubs converge to create an enchanting realm of possibilities. Your dream waterfront compound awaits. Both these properties, 98 and 102 Little Neck Road, are being offered together $7, 7750, 000.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $6,200,000 | $6,200,000 | $6,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $2,554 | $2,554 | $2,554 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $35,691 | $39,188 | $52,319 |
Total Monthly Payment | $38,370 | $41,867 | $54,998 |
* 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.