On the fringe of town sits this charming fisherman's cottage built in 1884 with modern updates. With a first-floor primary suite and an open floor plan for entertaining, this home exudes an ease that many seek to find. There are beautiful pastoral views out the front of the home, overlooking the 5-acre Quaker Cemetery. The 7-mile Madaket bike path connects you to many popular island amenities, such as our calm north shore beaches, Sanford Farm conservation trails, Madaket village, and excellent surf beaches on the west side. First Floor From the quaint barn door entrance, step into the exposed frame dining room to the right, or the living area to the left. There is a central staircase to the basement, which separates these two rooms in the middle, and the spacious eat-in kitchen with new appliances towards the back of the house. There is a breezeway and a powder room off the kitchen, and to the very rear of this level, you will find the first-floor primary suite and newly renovated bathroom. Second Floor Offering two bedrooms, a half bath and a sitting area, this half-story living space is bright, airy, and offers flexible storage also. Basement Unfinshed with washer and dryer, interior access and exterior bulkhead access. Some storage.
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Our Executive Mortgage Banker:
Our Executive Mortgage Banker:
Our Insurance Division:
$1,950,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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 | $1,560,000 | $1,560,000 | $1,560,000 |
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 | $343 | $343 | $343 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,736 | $9,479 | $12,850 |
Total Monthly Payment | $9,204 | $9,947 | $13,318 |
* 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.