Imagine living in your own slice of paradise with a Fire Island feel, but with modern conveniences just a short drive over the bridge. With panoramic views of the Fire Island Inlet and the Robert Moses Bridge, every day you will enjoy the peace and tranquility of nature. In the highly sought-after community of Oak Beach, this charming beach house boasts 3 bedrooms and 1 bathroom, a spacious living room, updated kitchen with new stainless steel appliances and custom cabinetry, and newly installed luxury vinyl flooring throughout. Upper and lower rear decks provide amazing entertaining space for gatherings with friends and family. The lower level is equipped with ample storage space in the double garage, as well as a bonus room with a slop-sink, commercial ice machine, and extra refrigerator. In the backyard you will find a spacious outdoor shower with changing area, oversized storage shed, and a raised garden bed. Stroll down the path to the pier with 3 boat slips, and take a boat ride to the easily accessible Fire Island, Sore Thumb, and Democrat Point. An opportunity such as this is rare - book your private showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$695,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $556,000 | $556,000 | $556,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $842 | $842 | $842 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,699 | $3,695 | $4,767 |
Total Monthly Payment | $4,633 | $4,629 | $5,701 |
* 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.