A rare opportunity awaits in the Three Village school district in East Setauket! Presenting for the first time ever on the market, this unique offering features 4. 88 acres of prime East Setauket real estate. Located on Pond Path between Nesconset Highway and Saint Georges golf and country club, this property provides the perfect location and with a blend of both convenience and privacy. The sale includes two adjoining parcels: a charming 0. 95-acre lot with a solid ranch-style home, and an expansive 3. 93-acre lot with endless potential. The ranch has great bones with a spacious layout including an eat-in kitchen, dining room, living room, and also a family room with a fireplace and bar in the lower level. It also features a spacious primary bedroom with an Ensuite bathroom and 3 other good sized bedrooms. Original white oak floors add character throughout, includes central air and central vac, 3 heat zones, while ample storage and a large laundry room ensures practicality. Though some great updates have been made, this well taken care of home is in need of updating. This home offers a wonderful canvas to create your dream space. A must see in person to truly appreciate it. The additional 3. 93 acres of land open up a world of possibilities-ideal for equestrians, builders, gardening enthusiasts, or anyone who cherishes nature and space. The property enjoys a serene setting, bordered by a property (which cannot develop within 50 feet) on one side and state-owned land on the other, ensuring both privacy and tranquility. Don't miss this rare opportunity to own a versatile and expansive property in the beautiful community of East Setauket.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,600,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,080,000 | $2,080,000 | $2,080,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.004% | 6.738% | 6.307% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,138 | $13,318 | $17,693 |
Total Monthly Payment | $12,263 | $13,443 | $17,818 |
* 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.