WELCOME HOME TO THIS SOUTH OF MONTAUK 5000 SQ FOOT CLASSIC 1875 VICTORIAN SITUATED ON NEARLY AN ACRE OF PROPERTY WITH 200 FT OF BULKHEAD THAT IS READY FOR BOAT LOVERS AND OWNERS THAT ARE READY TO RESTORE OR MODERNIZE TO THEIR DESIRE. FEATURES 8 BEDROOMS, 4 FULL BATHS AND A TOTAL OF 4 FIREPLACES. Lovely screened in wrap around porch invites you in to the warm entry way which leads Open area with high ceilings, original doors/ moldings , Large Chefs Kitchen with its own fireplace and also a wet bar next to dining/living area . Rear access leads to mudroom/Laundry area as well as full Bath ! Currently we have a master bedroom with fireplace setup on main level along with another expansive master suit with full bath and office area on the second floor, 3 other bedrooms along with full bath also on second floor. Leading to the 3rd floor with 4 more bedrooms and full bath. Home features gas heating, in ground sprinklers, fenced yard space ready for pool, along with ductless AC on main level . Also has large unfinished basement for utilities and storage . A three car detached garage with finished storage area above make for great work space which leads out to 200 ft of dock space ready for your boats! tax grievance process has started as well with an expected reduction !
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Our Executive Mortgage Banker:
Our Insurance Division:
$999,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $799,200 | $799,200 | $799,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $2,479 | $2,479 | $2,479 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,475 | $4,856 | $6,583 |
Total Monthly Payment | $7,046 | $7,427 | $9,154 |
* 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.