Welcome to 34 Ridge Road, Southampton, NY - a meticulously renovated 3-bedroom, 2-bathroom residence offering 1, 200 square feet of refined living space. Nestled on a beautiful large lot, this property combines modern amenities with a serene setting, making it an ideal retreat or year-round home. This home has been lovingly maintained and ensures a move-in-ready experience for the discerning buyer. The interior features abundant windows and French doors, providing sun drenched rooms, enhancing the natural light and providing energy efficiency. The living area is anchored by a wood-burning fireplace, creating a warm and inviting atmosphere. Adjacent to the living room, a cozy dining nook offers the perfect spot for intimate meals. The kitchen and bathrooms have been thoughtfully updated with contemporary finishes, blending style and functionality. Each of the three bedrooms provides ample space and comfort, with the primary suite designed for privacy and relaxation, featuring double French doors leading to the outdoor deck. Step outside to discover the heated built-in pool perfect for summer gatherings and leisurely swims. The large lot offers plenty of space for outdoor activities and future landscaping projects. The owners worked with a renowned architect to create a beautifully designed addition to offer more family space. The approved master plans include a two-car garage with two additional bedrooms and two baths. These plans have received variance approval and health department clearance, providing a seamless path for expansion. Located in a peaceful setting, 34 Ridge Road is just a short distance from Southampton Village, offering convenient access to shopping, dining, and cultural attractions. The sun-drenched surroundings provide a tranquil escape, while still being close to all the amenities the village offers. This property is turn-key, ready for you to make it your own. Don't miss the opportunity to own a piece of Southampton's charm and elegance.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,495,000
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 | $1,196,000 | $1,196,000 | $1,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | $467 | $467 | $467 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,420 | $7,075 | $9,852 |
Total Monthly Payment | $7,012 | $7,667 | $10,444 |
* 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.