Introducing a charming two-family residence nestled in the heart of South Islip, where timeless elegance meets modern convenience. This legal two-family gem boasts the allure of yesteryear, complete with a welcoming wrap-around porch, all set on an expansive, nearly 3/4-acre property. The first-floor apartment offers a spacious layout with two inviting bedrooms, a well-appointed eat-in-kitchen, a comfortable living room, a formal dining room, and a full bath. Upstairs, the second-floor apartment features two more bedrooms, a cozy living room, seamlessly integrated with the kitchen and another full bath. Storage needs are effortlessly met with a generously sized attic, while car enthusiasts will appreciate the convenience of the three-car detached garage. Beyond the property's boundaries, you will find an easy stroll to Main Street, where a delightful array of restaurants, bakeries, butchers, and coffee shops await. Plus, the proximity to beaches and parks adds to the appeal of this fantastic location. Don't miss the opportunity to make this charming South Islip home yours. It has the perfect blend of historic charm and modern living.
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Our Executive Mortgage Banker:
Our Insurance Division:
$749,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $599,200 | $599,200 | $599,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.737% | 7.055% | 6.120% |
Monthly Tax Payment | $1,328 | $1,328 | $1,328 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,886 | $3,936 | $5,016 |
Total Monthly Payment | $5,306 | $5,356 | $6,436 |
* 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.