Hard Money Loan for the Hamptons Single-Family Home in Amagansett, New York

Funded by IceCap Group

$1,490,000

Deal Details

Private Loan Type

Purchase

Approx. Funding Date

11/16/2018

Property Type
Single Family Residence
Property City

Amagansett

Property State

NY

Lien Type

1st Mortgage

Payment Type

Interest Only

Lot Square Footage

70,000

Deal Summary

IceCap Group, a direct private lending firm, funded a $1,490,000 1st lien position hard money loan for the acquisition of a single-family home in the Hamptons, Amagansett, New York. The subject property sits on 70,000 square feet of land. It carries 5 bedrooms and 3.5 baths with a double car garage. This SFR purchase bridge loan was funded in November 2018.

Funded By

IceCap Group

Flexible & Friendly Funding for Property Investors Across the Country