Welcome to this charming Cape-style home located in the coveted Radcliff Manor section of East Norwich. This home offers a perfect blend of comfort and charm. The main level features a spacious living room, a versatile dining room that can be converted into a bedroom, a partially updated full bathroom and a bedroom. Completing the lower level is an eat-in kitchen that includes stainless steel appliances and a sliding door to the backyard. Upstairs, you will find a large primary bedroom, a second generously sized bedroom, and an updated full bathroom. Hardwood floors are present throughout the home, adding to the overall flow and continuity. Modern updates include new windows and doors, along with a new hot water heater. The full unfinished basement provides ample storage space and offers potential for additional living or recreational areas. The exterior features an oversized deck that leads to a large backyard, offering plenty of room for outdoor activities or entertaining. Conveniently located near local restaurants, markets, shops, and services, this home is just a 5-minute drive to the historic town of Oyster Bay, offering access to beaches, dining, shopping, and wellness centers. Public transportation and golf courses are also nearby. This home is a great opportunity to enjoy all that East Norwich and the North Shore of Long Island have to offer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$715,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $572,000 | $572,000 | $572,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.171% | 6.538% |
Monthly Tax Payment | $887 | $887 | $887 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,806 | $3,802 | $4,904 |
Total Monthly Payment | $4,785 | $4,781 | $5,883 |
* 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.