Recently renovated home circa 1880 in the heart of Greenport Village. Fantastic location. Equipped with modern amenities in 2020 including a new kitchen, two new bathrooms and an efficient new heating and air conditioning system. The house boasts 1 King-sized bedroom, 2 Queen-sized bedrooms, and 1 Full-sized laundry room / studio. There are two separate living areas, one upstairs and one downstairs, as well as a fully equipped kitchen and original claw-foot bathtub. Beautiful backyard garden come spring time. Electric service, breakers et. al. and all plumbing replaced in 2020. Currently used as a weekend home, just a short 5-minute walk from the heart of town and a quick walk to the Jitney and LIRR as well as a quaint, wonderful beach that overlooks Shelter Island and is perfect for afternoon dips. Lots of incredible restaurants and shops only a short walk
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Our Executive Mortgage Banker:
Our Insurance Division:
$895,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $716,000 | $716,000 | $716,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $533 | $533 | $533 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,235 | $4,585 | $6,090 |
Total Monthly Payment | $4,860 | $5,210 | $6,715 |
* 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.