This beautifully renovated and decorated home sits on an oversized property in the heart of Madaket. The light-filled home offers an easy transition indoors and out with multiple decks and outdoor spaces. The home offers three bedrooms on the first floor with a generous primary suite. There is also an additional room on the second floor. In addition, there is a detached office with a mini split in the side yard for anyone who needs to work from home. There is approval for a pool on the property. First Floor Enter the house via the front porch. To the left is a bedroom with a crib and a twin size bed. To the right is a bedroom with two twin beds. These bedrooms share a hall bath with a tub/shower. Toward the back of the house is the primary suite. It has a king size bed with sliders to access the front yard and allow plenty of natural light into the room. There is a large bathroom with tiled shower, double vanity and a washer/dryer, as well as access to the outdoor shower from the bathroom. Second Floor The second floor is an open dining, living and kitchen area. The ceilings are vaulted and there are many windows and sliding glass doors leading to two different decks. On the front of the house is a bonus room with access to a full bath. On the north deck there is an outdoor dining table where you can see peeks of the water. Basement Full unfinished basement with a deep pour and a lot of opportunity for expansion.
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Our Executive Mortgage Banker:
Our Executive Mortgage Banker:
Our Insurance Division:
$3,850,000
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 | $3,080,000 | $3,080,000 | $3,080,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $510 | $510 | $510 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $17,488 | $19,215 | $25,783 |
Total Monthly Payment | $18,123 | $19,850 | $26,418 |
* 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.