This is a rare opportunity to own a renovated, legal two-family Colonial in the heart of Oyster Bay. The property includes an additional outbuilding (being sold as is) that offers endless possibilities with the proper permits. Both apartments are completely renovated featuring stainless steel appliances, white cabinetry and quartz countertops and new bathrooms. The first floor apartment boasts soaring ceilings, beautiful hw floors, a cozy wood-burning fireplace, and a large partially finished basement with an exterior entrance. The basement provides great space for storage and entertainment, complete with a unique fireplace. The upstairs apartment has two large bedrooms, a newly renovated eat-in kitchen, a renovated bathroom, a living room, and brand-new carpeting. The walk-up attic is stand able and offers extra storage space or can be converted into a playroom. Additionally, the property has 2 detached two car garages, perfect for auto enthusiasts or extra storage/workspace. The charming home features a beautiful wrap-around rocking chair porch, offering a prime outdoor retreat. The location is conveniently close to all that Oyster Bay has to offer. . . including The Pine Hollow Club and the lovely Tiffany Creek Preserve ~ Making this a must-see property.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,299,000
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 | $1,039,200 | $1,039,200 | $1,039,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.795% | 6.472% | 5.966% |
Monthly Tax Payment | $1,337 | $1,337 | $1,337 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,982 | $6,483 | $8,699 |
Total Monthly Payment | $7,443 | $7,944 | $10,160 |
* 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.