25 Broadway, a rare offering, steeped in history and in the heart of Sconset Village, this property is seeking its next steward. Fully renovated and restored in 2016 - 2018, with additional recent improvements and upgrades, this home is turn-key and is being offered with furnishings. Not only is the history of the home unique but also the opportunities and configuration. A legal multi-family home, the property features 2 units. Unit 1 is a 3-bed/3-bath and Unit 2 is a 1-bed/1. 5-bath, affording various scenarios to the astute buyer. Host guests and family in a comfortable, attached “guest house”, while you enjoy the space and privacy of the larger unit. Rent out the 1-bedroom unit while you enjoy the luxury of your 3-bedroom, en-suite style residence. Or perhaps a combination thereof as the property has a strong and solid rental history. 25 Broadway was infused with new life from a meticulous restoration delivering both historic charm and a reimagined interior configuration.
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Our Executive Mortgage Banker:
Our Executive Mortgage Banker:
Our Insurance Division:
$4,195,000
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 | $3,356,000 | $3,356,000 | $3,356,000 |
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 | $467 | $467 | $467 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $19,055 | $20,937 | $28,094 |
Total Monthly Payment | $19,647 | $21,529 | $28,686 |
* 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.