Presented byLucia Uchalova |
Introducing a captivating retreat nestled in the picturesque paradise of Montauk, Long Island. This enchanting coop is a cash cow with documented high rental income. One of a kind -- this cottage offers a unique blend of timeless charm and modern comforts, making it an ideal haven for those seeking tranquility and coastal elegance. Upon arrival, you'll be greeted by a meticulously manicured landscape that sets the stage for a serene living experience. Step inside to discover a beautifully designed interior boasting a seamless fusion of classic beach cottage vibes and contemporary aesthetics. The living space exudes warmth and coziness, with abundant natural light filtering through the windows and illuminating the inviting ambiance. Relax in the comfortable living room, perfect for unwinding after a day spent exploring the nearby sandy beaches or indulging in water sports activities. The gourmet kitchen is a culinary haven, featuring top-of-the-line appliances, sleek countertops, and ample storage space. Prepare delicious meals with ease and enjoy them in the adjacent dining area, creating memories. The cottage offers two generously sized bedrooms, each providing a peaceful retreat. Wake up to the soothing sounds of nature and savor the gentle ocean breeze drifting through the windows. The bathroom showcases elegant fixtures and finishes, elevating your daily routine to a spa-like experience. Outside, a private patio beckons you to soak up the sun and relish in the coastal ambiance. Host intimate gatherings, indulge in al fresco dining, or simply bask in the tranquility of your surroundings. As a resident of this exclusive coop community, you'll have access to a range of amenities including a refreshing swimming pool, and meticulously maintained common areas. With attentive management and a tight-knit community, you can embrace a carefree lifestyle with peace of mind. Situated in Montauk, Long Island, this cottage presents an unparalleled opportunity to enjoy the best of coastal living. Explore the world-renowned beaches, savor delectable seafood at local restaurants, and embark on outdoor adventures such as fishing, surfing, or hiking through the stunning Montauk State Park. Don't miss the chance to make this remarkable coop rental cottage your new home. Embrace the captivating beauty of Montauk, where every day feels like a blissful vacation.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$835,000
Sales Associate
William Raveis Real Estate
Phone: 860.917.5837
Lucia.Uchalova@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $668,000 | $668,000 | $668,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.377% | 6.851% | 6.664% |
Monthly Tax Payment | $57 | $57 | $57 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,005 | $4,333 | $5,819 |
Total Monthly Payment | $4,154 | $4,482 | $5,968 |
* 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.