Presented byArthur Chapman |
Once in a lifetime opportunity to build your dream home in one of the most prestigious zip codes on Long Island! Buy today start building tomorrow-plans & permits in place! This property in nestled in the sought after beautiful old field village, less than a mile from west meadow beach, three village schools ranked top 10% out of 786 districts. Property is level, lightly wooded lot. Current pictures shown is proposed 6, 000+sf home 5 bedroom, 7. 5 bathroom, radiant heated floors, spray foam, smart home, cameras, hidden solar, 3100sf basement, 22' double height foyer, double height living room, open concept, amazing entertaining kitchen with massive 4x15 island, top of line luxury appliances, hidden pantry, sliding glass walls in kitchen and living room, covered front/rear porch, walk out basement with patio, 20x40 salt pool, with pool house with covered area, firepit, outdoor kitchen, LED lighting, firebowls, fully landscaped, hardscaped, 4 car garage attached to home, tunnel from basement to detached garage detached 31x51 heated/AC garage with possible office of 15x28 above with bathroom while looking down at the view of your cars/boat in garage. Dream garage for boat owner or car collector. Has board of health septic approvals, drainage plan approved, site plan approved, tree preservation plan approved and building plans approved. Currently property is ready to be built, either buy the property with plans and permits or buy the property ready to submit your own building plans. Award winning architect and well known designer designed plans/home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$729,000
Sales Associate
William Raveis Real Estate
Phone: 401.640.0807
Arthur.Chapman@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $583,200 | $583,200 | $583,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.171% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,978 | $3,876 | $5,000 |
Total Monthly Payment | $4,070 | $3,968 | $5,092 |
* 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.