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Presented by
The Lucci Witte Team |
PRICE IMPROVEMENT! This spacious property is in need of TLC but sits on a generous 64' x 121' lot and offers excellent potential! Zoned as a legal two-family but currently being used as a single-family home, it’s perfect for investors, extended families, or those looking to live in one unit and rent the other for added income, or keep it as a single family and make this your dream home. The Possibilities are endless. This home has plenty of outdoor space perfect for entertaining and future expansions. It features Hardwood floors, roof was updated 2014, Boiler 2018, updated electrical service, Driveway parking, Beach block, walk out basement, and the property is all fenced in. The best part is No flood insurance required.
Plenty of room to create your dream home – or two! Great Opportunity to Customize!
This home is in close proximity to schools, shops, beach, restaurants, parks, horseback riding, golf, walking trails, express bus to New York City & city bus to the #6 subway train. Taxes do not reflect the NYS STAR school tax exemption. Contact me today to schedule a viewing and come live the City Island lifestyle! Property has cameras.
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Our Executive Mortgage Banker:
Our Insurance Division:
$699,000
Sales Associates
William Raveis Real Estate
Phone: 978.273.0099
TheLucciWitteTeam@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $559,200 | $559,200 | $559,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.419% | 5.668% |
| Monthly Tax Payment | $598 | $598 | $598 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,308 | $3,443 | $4,532 |
| Total Monthly Payment | $3,998 | $4,133 | $5,222 |
* 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.