The serenity of sitting on your front porch watching beach grasses wave in the bay breeze awaits you in the beautiful hamlet of Mastic Beach. This ranch home has already been raised, and with the installation of innovative vents, boasts a low flood insurance cost of only $500 per year! Upstairs, you will find your main living area, where you will enjoy an open-concept living room/kitchen area and three spacious bedrooms, including a main bedroom with an ensuite bathroom and walk-in closet! Here, you can genuinely enjoy one-level living, but the fully finished downstairs gives you endless options for utilizing an abundance of additional space. Office space? A home gym? It's up to you! The very spacious backyard also offers limited opportunities for recreation and entertainment. Mastic Beach is a close-knit beach community. Walk down the block to Sheepen Creek and drop a line in the water. Launch your kaya at scenic Violet Cove or sit and watch the swans drift by. Hike the trails at the beautiful Wertheim National Wildlife Refuge and enjoy the Holiday Spectacular light show from your front porch during your holiday time! Our homeowner must relocate out of state for business reasons and has priced this home right for a quick sale!
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:
$400,000
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 | $320,000 | $320,000 | $320,000 |
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 | $529 | $529 | $529 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,183 | $2,127 | $2,744 |
Total Monthly Payment | $2,787 | $2,731 | $3,348 |
* 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.