Charming cape on over. 58-acre lot with endless possibilities in the quaint village of Springs. The first level features a large living room and den area with hardwood floors, an eat-in-kitchen with stainless steel appliances & ceramic floors, and a bedroom and full bathroom. There is a large master bedroom and a guest bedroom on the second floor, both with hardwood floors and multiple closets, and a full bath on the floor for added convenience. Relax on your patio overlooking a large heavily treed lot with ample room for an inground pool and pool house or even a home expansion. The home is close to the Harbor Marina with a boat ramp, the Ship's Store and the well-known Bostwick's on the Harbor seasonal restaurant. Homeowners have access to the many beaches and parks that are available with an East Hampton resident parking permit. This home is a short drive to Sag Harbor and located just five miles from East Hampton and seven miles to ocean beaches. Enjoy boating, fishing or simply relaxing by the water during those hot summer days. Rent 19 Gann in the summer for a reliable source of income, use it for yourself as a summer retreat or become a permanent resident and add your personal touches to this cozy East Hampton home. Enjoy the serenity it offers and never look back.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,150,000
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 | $920,000 | $920,000 | $920,000 |
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 | $444 | $444 | $444 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,152 | $5,590 | $7,578 |
Total Monthly Payment | $5,721 | $6,159 | $8,147 |
* 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.