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20 Elder Avenue
House in Hampton Bays •  building info
2bd • 2ba • 560ft² $893 per ft²
List Price

$500,000

Listing Agent
Peter C. Grosso CBR  • RE/MAX Integrity Leaders
Key Details
Days on market
28
Last price change
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Estimated payment
$2,926/mo
Taxes
$228/mo
Maintenance
N/A
Description
Rare opportunity to acquire a property on the Rampasture peninsula in Hampton Bays. Water on three sides of the neighborhood, two blocks to Tiana Bay, and close proximity to bay beaches. Existing 1997 Ranch on a 5,400 sq ft lot in the Mineola Court subdivision. R-40 zoning. Flood Zone X (minimal flood hazard) a notable advantage for a water-surrounded peninsula location. Property sold strictly as-is, no interior access available. Full gut should be assumed. Buyer to perform all due diligence including but not limited to structure, septic, CO status, permits, and zoning variance requirements for any new construction or expansion. Existing structure is legal pre-existing nonconforming on R-40 zoning; buyers planning new construction should verify variance feasibility with Town of Southampton ZBA. Ideal for builders, renovation buyers, and buyers using 203(k) or construction-to-perm financing.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$500,000
Asking Price: $500,000
Term
30 Years
Down Payment
$50,000 (10%)
Min: 10% (50,000)
Rate
6.0 %
Mortgage Amount
$450,000
Mortgage Payment
$2,698
Taxes
$228
Estimated closing cost
$17,000
Total monthly cost $2,926
Listing Courtesy of RE/MAX Integrity Leaders

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