Beautiful Bayfront property available now, Zoned Business 1 Residential (Mixed use Zoning), Homeowner has been working on designing a magificent one of a kind 2 family dwelling with open view to the great southbay. The main part of the house is a proposed 4000 SQFT of living space as the main quaters, with a panoramic view out to the bay. a brand new 135 feet of marine bulkhead is alredy built to make it more appealing there will be a 1950 SQFT legal 2/3 bedroom apartment with its own utilities and private entrance. property is already DEC approved, Board of health approved, also varience is approved to built a bigger home. Applicacions is already filed with the town and is ibeen process, property sold as is a buyer has to go throught with getting final approvals Blueprints/ Floor Plans may be available to serious buyers only. All information deemed accurate but not guranteed and should be independtley verified buy the purchaser and buyers agent.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,099,999
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 | $879,999 | $879,999 | $879,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,928 | $5,418 | $7,308 |
Total Monthly Payment | $5,053 | $5,543 | $7,433 |
* 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.