Located south of Highway (2. 5 miles to Southampton Town Ponquogue Ocean Beach), this one-level brick ranch home features three bedrooms, two and a half bathrooms. 2023 Renovation: Central Air, Navient Heating System that is 95% efficient propane gas with on-demand hot water, new landscaping around house with sprinkler system, new Anderson windows, updated electrical panel. 2019 Renovation: Includes Open Concept living space with large Living Room (wood-burning fireplace/built-in floating shelves); Dining Room with French doors opening to raised patio; large Kitchen with expansive marble countertops, pot & pan drawers, butcher block center island with stainless prep sink and seating, stainless appliances including propane gas stove; 2-1/2 baths; kitchen pantry storage, new Laundry Room with front-load washer/dryer, countertop and lots of cabinet storage; new roof. 2018 new cesspool. Situated on two-thirds of an acre, this spacious corner property has room for pool, garden, fire pit and other outdoor entertaining spaces. Other features include hardwood floors, porcelain tile floors, numerous closets (bedroom closets lined in cedar), custom built-in drawers in bedrooms, and oversized 2-1/2 car attached garage with lots of driveway parking. Ecological Culture Initiative (ECI) community garden directly across the street. Close to Shopping, Waterfront Restaurants, Good Ground Park with hiking trails and outdoor summer concerts, Train and Jitney. Minutes to Ocean and Bay Beaches. Great rental potential!
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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 | $692,000 | $692,000 | $692,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $665 | $665 | $665 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,875 | $4,205 | $5,700 |
Total Monthly Payment | $4,632 | $4,962 | $6,457 |
* 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.