Southampton Waterfront with Dock Discover the best of waterfront living at this desirable south of the highway property. Perfect for those who enjoy boating and the outdoors. Located on Old Fort Pond with direct access to Shinnecock Bay and the ocean beyond. The two-family home with a dock and ample land provides a unique blend of privacy and salt air lifestyle. The open floor plan across both levels offers a total of 4 bedrooms and 4 full baths. The first-floor apartment boasts an updated kitchen, living room with a fireplace, 2 bedrooms, and 2 full baths. The dining and living areas open onto a waterside deck, perfect for entertaining. The second-floor apartment also includes 2 bedrooms and 2 full baths, kitchen, and its own waterside deck, allowing both apartments to enjoy the spectacular waterfront setting and fresh coastal air. Set on over half an acre with 67 ? sq ft of private waterfront, this property is just 3 miles from Southampton's Village center with world-class restaurants, galleries, and boutiques, and 2. 5 miles from Atlantic Ocean beaches. Ideal as a primary residence, investment, or future single-family conversion, this property offers a rare array of opportunities to experience all that Southampton waterfront living has to offer.
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$2,450,000
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 | $1,960,000 | $1,960,000 | $1,960,000 |
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 | $1,716 | $1,716 | $1,716 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,975 | $11,909 | $16,145 |
Total Monthly Payment | $12,816 | $13,750 | $17,986 |
* 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.