Discover this exceptional legal two-family waterfront ranch, perfectly positioned for both comfort and investment. This high and dry property comes with an elevation certificate, ensuring low flood insurance costs. Each side of the home features 2 bedrooms, an eat-in kitchen, a living room, and a full bath, all under impressive 10' ceilings. Both units offer access to large attics via pull-down stairs, and are equipped with modern Navien gas burners, separate electric services, meters, and driveways. The property includes a separate 50' x 113' lot, enhancing its value and potential. Boating enthusiasts will appreciate the 8/9 boat slips and the new Navy Sure Guard Bulkhead with a 40' cut-in boat slip, offering deep water access on a wide canal. With a potential boat dockage rental income of $13, 200, this home is not only a serene retreat but also a smart investment. Located just around the corner from town and a short ride to the Great South Bay, Fire Island and serene beaches, this property offers a unique blend of tranquility and convenience. Don't miss out on this remarkable legal two-family home. , Additional information: Appearance: Mint, Green Features: Insulated Doors
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$749,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $599,200 | $599,200 | $599,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $1,053 | $1,053 | $1,053 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,139 | $4,037 | $5,097 |
Total Monthly Payment | $5,284 | $5,182 | $6,242 |
* 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.