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236 Edgemere Street #204
Condo in Montauk •  building info
1bd • 2ba • 620ft² $887 per ft²
Sold price

$550,000

Description
Originally built in 1927, this gorgeous four story hotel was the show piece for Carl Fisher's vision of turning Montauk into the next Miami Beach. While the rest of his vision did not pan out, the Montauk Manor stands on top of Signal Hill, with two pools, tennis courts and all of the fine amenities one can imagine, still as regal as Carl Fisher envisioned. This renovated one bedroom, two bath unit is immaculate and boasts an oversized 35'x12' terrace overlooking the courtyard with water vies of Fort Pond. It's a great investment, as it is rented almost constantly through the Condo's Management Rental Program.

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Listing Amenities
Hardwood floors
Dishwasher
Building Amenities
Parking Available
History
What it'll cost
Purchase price
$550,000
Asking Price: $550,000
Term
30 Years
Down Payment
$55,000 (10%)
Min: 10% (55,000)
Rate
6.5 %
Mortgage Amount
$495,000
Mortgage Payment
$3,129
Common Charges
$0
Taxes
$126
Estimated closing cost
$20,000
Total monthly cost $3,255
Listing Courtesy of Saunders West

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