16 Peconic Road, Southampton (Hampton Bays), NY, 11946 | $995,000

Discover this inviting four-bedroom, two and a half bath home featuring a pool and spacious living, set on just under half an acre. With its bright, open layout, this property is perfect for first-time buyers or savvy investors. The main floor boasts two bedrooms with closet space, a welcoming living room, and seamless flow into the kitchen and foyer. Upstairs, you'll find an additional bedroom with an ensuite bath and a generous entertainment room/loft that overlooks the living area, filling the home with natural light and an airy, open feel. The home includes oil baseboard heating and wall-unit cooling, making it ideal for year-round living or a weekend retreat. The basement offers plenty of storage, while outside features an attached two-car garage with additional parking and a pool for summer enjoyment. Situated in Hampton Bays bordering Southampton, this property provides easy access to Ponquogue Beach (about 600 feet away), dining, and shopping. With strong rental potential, this home is an excellent option for a weekend escape, full-time residence, or investment. Don't miss out on this rare opportunity!

Features

  • Town: Southampton
  • Rooms: 9
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Style: Cape Cod
  • Year Built: 1986
  • Garage: 2-car Attached
  • Heating: Oil, Forced Air
  • Basement: Partial, Unfinished
  • Acreage: 0.46
  • Est. Taxes: $9,229
  • Lot Desc: Corner Lot
  • Elem. School: Hampton Bays Elementary School
  • Middle School: Hampton Bays Middle School
  • High School: Hampton Bays High School
  • School District: Hampton Bays
  • Pool: In Ground
  • MLS#: 3591531
  • Days on Market: 0 day
  • Website: https://www.raveis.com
    /prop/3591531/16peconicroad_southampton_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Compass Greater NY LLC   Phone: 631-629-7675

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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860.690.5052

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Our Insurance Division:

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16 Peconic Road, Southampton (Hampton Bays), NY, 11946

$995,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $796,000 $796,000 $796,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment $769 $769 $769
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,520 $4,966 $6,663
Total Monthly Payment $5,381 $5,827 $7,524

* 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.