Presented bySheri Lasley Ruiz |
Introducing The Estates at Baiting Hollow, a new private enclave of luxury homes overlooking the prestigious Baiting Hollow Country Club and just minutes from the finest amenities along the North Fork with major access points to New York City and Connecticut. The first sustainable development in the area, the Estates at Baiting Hollow, was conceived with the most cutting-edge smart home and energy-efficient technologies available and can achieve Net Zero energy consumption. 77 Club Drive is set on . 69 acres+/- overlooking the expanse of the Baiting Hollow Country Club with sweeping links and farmland views, perfectly positioned for both sunset and sunrise vistas. The property can yield an expansive rear yard with an in-ground pool or other desired amenities. The Fairway offers magnificent single-story living with a modern farmhouse aesthetic. The great room is an impeccable gathering space open to the kitchen and dining area with a fireplace, 11' ceilings, and sliding glass doors to the rear porch. The luxury kitchen is outfitted with an expansive center island, ample cabinetry, and a walk-in pantry/prep kitchen. Merge indoor and outdoor living in the dining area with access to the large rear porch and a sitting area for indoor or alfresco meals. French doors lead to a spacious home office filled with natural light. The primary suite features a large walk-in closet and a luxurious bathroom with dual vanities, a soaking tub, a shower, and a water closet. Two additional bedrooms are situated on the opposite side of the home with a shared full bathroom. The adjacent laundry area/mudroom with well- appointed built-ins is conveniently located near the bedrooms and garage for smart storage. Designed with energy efficiency and smart technology in mind, features and options include solar panels, all electric utilities and appliances, an energy-efficient building envelope, electric vehicle charging, battery backup, and stormwater collection for common area irrigation. Additional upgrade options are available. Located at the entryway to the North Fork, the Estates at Baiting Hollow is perfectly positioned to enjoy the very best amenities of Long Island's North Shore while offering easy access to New York City. With close proximity to abounding farms, wineries, beaches, and the town of Wading River, known for its convenient shopping, the exclusive community surrounding Baiting Hollow offers residents endless enjoyment, pastoral beauty, and local recreation. For more information on this property and other homes nearing completion visit: estatesatbaitinghollow. com The complete offering terms for the Association are in a CPS-7 Application available from Sponsor. HO22-0002 **Photos shown are renderings**
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,600,000
Sales Associate
William Raveis Real Estate
Phone: 941.400.4186
Sheri.LasleyRuiz@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,080,000 | $2,080,000 | $2,080,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.229% | 6.486% | 6.307% |
Monthly Tax Payment | $269 | $269 | $269 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,974 | $12,976 | $17,693 |
Total Monthly Payment | $12,368 | $13,370 | $18,087 |
* 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.