89 Cedar Avenue, Patchogue, NY, 11772 | $1,100,000

Don't miss out on this exceptional opportunity in Patchogue Village! This charming property sits on just over a quarter-acre lot and features 5 bedrooms and 2 bathrooms. A unique feature of this property is the spacious warehouse, fully permitted for business use, offering tremendous potential. Inside the residence, you'll find 9' ceilings, creating an open and airy atmosphere, original hardwood flooring throughout, and a newer water heater. There's a formal dining room, perfect for hosting gatherings, as well as a living room and den that provide versatile spaces. The residence also offers a full third-floor attic, providing ample storage or the opportunity to create an additional living area to suit your needs. Convenience is at your fingertips with this property as it's just a stroll away from the Patchogue train station, Main Street in Patchogue Village, and offers easy access to the Fire Island Ferries. Come see this one-of-a-kind property as it presents tremendous potential and endless opportunities!

Features

  • Rooms: 9
  • Bedrooms: 5
  • Baths: 2 full
  • Style: Colonial
  • Year Built: 1898
  • Garage: 4-car Private, Detached, 4+ Car Detached
  • Heating: Oil, Forced Air
  • Cooling: None
  • Basement: Finished, Partial, Unfinished
  • Approx Sq. Feet: 2,462
  • Acreage: 0.28
  • Est. Taxes: $16,135
  • Lot Desc: Corner Lot, Level, Near Public Transit
  • Middle School: South Ocean Middle School
  • High School: Patchogue-Medford High School
  • School District: Patchogue-Medford
  • Appliances: Dryer, Oven, Refrigerator
  • MLS#: 3519701
  • Days on Market: 161 days
  • Website: https://www.raveis.com
    /eprop/3519701/89cedaravenue_patchogue_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

William Raveis Family of Services

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Kathy HarrisonSales Associate

860.539.6263

Kathy.Harrison@raveis.com

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Dave BeckmanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 10930

203.641.8287

Dave.Beckman@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Heidi SummaRegional SVP Insurance Sales, William Raveis Insurance

860.919.8074

Heidi.Summa@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

89 Cedar Avenue, Patchogue, NY, 11772

$1,100,000

Kathy Harrison

Sales Associate

William Raveis Real Estate

Phone: 860.539.6263

Kathy.Harrison@raveis.com

Dave Beckman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.641.8287

Dave.Beckman@raveis.com

NMLS Mortgage Loan Originator ID 10930

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $880,000 $880,000 $880,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.875% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.430% 6.977% 6.790%
Monthly Tax Payment $1,345 $1,345 $1,345
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,347 $5,781 $7,726
Total Monthly Payment $6,817 $7,251 $9,196

* 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.