Fantastic Opportunity South Of Montauk Highway On A Lovely Street In The "Roe Park" Section Of Blue Point - Just Three Houses from Billy's Park, 1/2 Mile To Corey's Beach, Close To The Blue Point Avenue Elementary School, Blue Point Preserve, And Montauk Highway Shopping + The Top Bayport/Blue Point School District! This Charming Early 1900's Home Is An Estate Sale, Needs Work/TLC & Is Sold "As-Is", Soooooo Much Potential - Nestled On 50' x 200' Property - Renovate Or Expand, And Very Reasonable True Taxes Of $8002. 43. A Lovely Covered Front Porch Offers Shade On Hot Summer Days & Is Perfect For Wicker Furniture/Outdoor Furniture & Leads Into The Lovely, Spacious Floorplan Beginning With A Large Living Room/Dining Room (Part Of The Living Room Was Originally A Third Bedroom) Offering Vaulted Ceilings, Skylight, Lots Of Windows For Natural Light, Ample Room For A Large Living Room Set/Furniture, And A Separate Dining Room With Ample Room For A Good Sized Dining Table & China Cabinet/Hutch. A Hallway Off Of The Living Room/Dining Room Offers A Large Walk In Closet & Leads To The Guest/Second Bedroom & Bathroom - The Bedroom Offers A Double Sized Closet & Double Window For Natural Light, And The Bathroom (Needs Renovation) Offers A Full Bathtub With Ceramic Tiled Walls/Surround & Ceramic Tiled Floor. The Living Room & Dining Room Lead To The Cabinet Lined Kitchen Offering Two Walls Of Wood Cabinetry, Ample Countertop/Serving Space & A Gas Stove (The Home Has Oil Heating & Natural Gas/Gas Meter Coming Into The Home - Can Easily Be Converted To Gas Heating). Off Of The Kitchen Is The Approximately 15 - 20 Year Old Extension Offering A Lovely Large Dinette Area Or Den/Family Room With Ceramic Tile Floors & French Doors To A Deck & The Backyard, And A Closet With A Stacked Full Sized Washer & Dryer. Off Of The Den/Family Room Is The Primary Bedroom & Second Bathroom - The Primary Bedroom Offers A Double Sized Closet & Ample Room For A Large Bedroom Set/Furniture, And The Bathroom Offers A Corner Shower & Ceramic Tile Floors. There Is A Partial Basement (Under The Newer Part Of The Home ) & Crawl Space Offering Lots Of Storage Space, Heating System & Utilities (& New Oil Tank), The Property Also Has A Large One Car Detached Garage (Needs Work) With Lots Of Storage Space, And Two Storage Sheds, And The Large Backyard Has A Deck Off Of The Den/Family Room, Lots Of Room For Entertaining & Barbequing, And Ample Room To Expand The Deck, Or Add A Large Paver/Brick Patio. This Home Offers The Perfect Opportunity To Create Your Own Space In A Beautiful Location & Top School District. . . Hurry As It Will Not Last!, Additional information: Appearance: Needs Work, Interior Features: Lr/Dr, Separate Hotwater Heater: Y
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William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $367,920 | $367,920 | $367,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $667 | $667 | $667 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,386 | $2,356 | $3,055 |
Total Monthly Payment | $3,128 | $3,098 | $3,797 |
* 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.