Welcome home! Fantastic opportunity to purchase a three-bedroom ranch in a private beach community. This well cared for home includes a new roof, windows, driveway, and heating unit!! Updated kitchen with cathedral ceiling, large living room, dining room and family room with a wood burning fireplace make this home perfect for relaxation and entertaining. This house not only has a one car attached garage, but also boasts a 900 square foot, 3-car detached garage complete with radiant heat, electric, and its own oil tank. Perfect for the car enthusiast/workshop/art studio. The possibilities are endless! There is plenty of room for summer fun in your backyard. The property is just shy of a half-acre. Your guests can dine on your patio and take a dip in the above ground saltwater swimming pool. You can barbeque on your brick patio or pack a tote and head over to your private beach. Deeded beach rights give you year-round access and provides 365 gorgeous sunrises and sunsets. The beach association plans many fun events during the season. There are picnic tables, a playground and restrooms, making a day at the beach a truly enjoyable event. The house is just a short drive to Riverhead, with its abundance of shopping, restaurants, and entertainment. Enjoy the East End farms, wineries and beaches. It's a wonderful life in beautiful Rocky Point.
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Our family of companies offer our clients a new level of full-service real estate. We shall:
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Our Executive Mortgage Banker:
Our Insurance Division:
$579,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $463,920 | $463,920 | $463,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $939 | $939 | $939 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,086 | $3,048 | $3,912 |
Total Monthly Payment | $4,117 | $4,079 | $4,943 |
* 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.