This stunning Colonial home, nestled in the prestigious south of Montauk Hwy location in Islip, exudes timeless Old World Charm while boasting modern updates that enhance its beauty. Originally built in 1900, this residence offers a blend of historic elegance and contemporary comforts. The focal point of the home is the renovated Eat-in Kitchen, which showcases radiant floors, exquisite granite countertops, built-in features, and updated appliances, including two stainless steel wall ovens, catering to both culinary enthusiasts and those who appreciate a stylish space for entertaining. The addition of a new bathroom and laundry area adds convenience and functionality to everyday living. The first floor encompasses spacious living areas, including a large formal dining room, a cozy den, and a living room adorned with a fireplace, providing the perfect ambiance for gatherings and relaxation. Ascending to the second floor, you'll find a luxurious master suite complete with a balcony, offering a private retreat to unwind and enjoy the views. Two additional generously sized bedrooms and an updated bathroom with radiant heat flooring further enhance the comfort and charm of this home, creating an inviting atmosphere that truly makes you feel at home. With its combination of classic architectural features and modern amenities, this Colonial residence embodies the essence of gracious living and promises a lifestyle of comfort and elegance in one of Islip's most desirable neighborhoods. There is a two car detached garage with professionally landscaped yard with custom masonry work and fenced in backyard offering privacy and charm.
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Our Executive Mortgage Banker:
Our Insurance Division:
$850,000
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 | $680,000 | $680,000 | $680,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $986 | $986 | $986 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,808 | $4,187 | $5,647 |
Total Monthly Payment | $4,886 | $5,265 | $6,725 |
* 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.