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41 Michaels Lane, Riverhead (Wading River), NY, 11792 | $550,000
This is a unique opportunity brimming with endless potential located in the sought after Shoreham Wading River school district. Boasting 2200 sq ft 3 Bdrm/2 bath, 2. 5 car garage it is ready to be transformed into your dream home. The upper level features hardwood flooring throughout. A spacious living room with a wood burning fireplace adds warmth and charm. 2 sizable bedrooms and a master bedroom with full bath. The eat in kitchen opens to the dining room and leads out to the outdoor deck making it perfect for summer grilling. The lower level awaits your personal touch. The oversized room is perfect for that large screen TV den, game room, gym or whatever your imagination dreams of. This level also includes a laundry room complete with a utility sink and plenty of room for folding and ironing. A spare room, which can possibly be made into a 4th bedroom, rounds out the space. The tranquil backyard provides the perfect space to relax, entertain or add a pool for summer fun. Home has a new roof (single layer). SOLD AS IS so you can transform it into your ideal haven.
Features
- Town: Riverhead
- Rooms: 9
- Bedrooms: 3
- Baths: 2 full
- Style: Raised Ranch
- Year Built: 1977
- Garage: 2-car Attached
- Heating: Oil, Baseboard
- Cooling: Central Air
- Basement: Finished, Full
- Approx Sq. Feet: 2,200
- Acreage: 0.92
- Est. Taxes: $13,159
- Lot Desc: Near Public Transit
- Middle School: Albert G Prodell Middle School
- High School: Shoreham-Wading River High School
- School District: Shoreham-Wading River
- Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
- MLS#: 3570871
- Days on Market: 21 days
- Website: https://www.raveis.com
/prop/3570871/41michaelslane_riverhead_ny?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.Alvarez@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
41 Michaels Lane, Riverhead (Wading River), NY, 11792
$550,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah Alvarez
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 | $440,000 | $440,000 | $440,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
| Monthly Tax Payment | $1,097 | $1,097 | $1,097 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,673 | $2,673 | $3,477 |
| Total Monthly Payment | $3,862 | $3,862 | $4,666 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535