Welcome to this charming renovated ranch home in Riverhead, offering an array of desirable features and a prime location. As you come inside you'll discover gleaming hardwood floors that flow seamlessly throughout the home, creating an inviting and warm ambiance. Complete with two generously sized bedrooms, one full bathroom, and a layout providing ample space for rest and relaxation. An upgraded kitchen, adorned with granite countertops that offer both beauty and functionality. Updated vinyl siding and windows enhance the exterior's appeal and energy efficiency. The roof and gutter guards, updated in 2023, provide peace of mind and contribute to the home's overall maintenance. This turnkey residence boasts remarkably low taxes of approx $4, 462. 50 BEFORE STAR, making it a great investment opportunity or an ideal choice for a first-time homebuyer. The full unfinished basement offers potential for customization and additional living space to suit your needs. Situated close to downtown Riverhead, you'll have easy access to shopping, dining, and entertainment options. The expansive backyard, backing to the serene David Sarnoff preserve, provides a private retreat where you can unwind and enjoy nature's beauty. For beach enthusiasts, the close proximity to Southampton's beautiful beaches is a definite bonus, offering endless opportunities for leisure and relaxation by the shore. Don't miss out on the chance to make this your own slice of paradise-Won't last long!
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Our Executive Mortgage Banker:
Our Insurance Division:
$469,999
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 | $375,999 | $375,999 | $375,999 |
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% | 7.159% | 6.538% |
Monthly Tax Payment | $372 | $372 | $372 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,565 | $2,499 | $3,224 |
Total Monthly Payment | $3,012 | $2,946 | $3,671 |
* 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.