Welcome to 3 Summerield Lane S. nestled in the serene Riverhead Condo Complex of Silver Village. Offering a hassle-free Condo Lifestyle and an ideal Location, this Low Maintenance Home grants you the freedom to immerse yourself in the charms of the North Fork. Explore Long Island Sound Beaches, indulge in local Dining, visit Wineries and Breweries, peruse Farm Stands, and discover an array of Shopping options. This inviting Condo is bathed in natural light and has been lovingly maintained by its original owner. Step into an airy Open Concept Living Room featuring a Gas Fireplace and Cathedral Ceiling. Adjacent, find a Formal Dining Area and an Eat-In Kitchen with a Dining Island. The Primary Bedroom boasts a Full Bath and Walk-in Closet, while Two Additional Bedrooms offer versatility (one currently serves as a den/office). To complete the interior also featured are the main Full Bath, a spacious area in the hallway that is set up as an office, a Laundry Area, an attic with Pull-down stairs and a One Car Garage. Outside, unwind on the rear paver Patio overlooking the tranquil pond, or spend sunny days at the Club House, enjoying the pool and socializing with neighbors. Don't miss out on this exceptional home and community-it's a true gem that won't stay on the market for long!
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:
$625,000
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 | $500,000 | $500,000 | $500,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.880% | 7.042% | 6.276% |
Monthly Tax Payment | $445 | $445 | $445 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,369 | $3,285 | $4,217 |
Total Monthly Payment | $3,906 | $3,822 | $4,754 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.