|
Presented by
Nicholas Planamento |
East Marion, North Fork - Classic Farmhouse with Legal Cottage & Barn, Priced to Sell! Don't miss this rare opportunity to own a charming piece of North Fork history-just moments from Truman's Beach and all the beloved attractions of the East End. Set on a shy acre, this character-filled property features an older, maintained farmhouse, a legal guest cottage, and a versatile two-story barn with a storied past. The main home blends vintage charm with modern updates, offering an open floor plan with a spacious living room, original wood-burning fireplace, a large country-style kitchen, mudroom, and a first-floor bedroom and full bath. Upstairs, you'll find three additional bedrooms and a second full bath-perfect for hosting family and friends. Enjoy the comfort of natural gas heating, central air conditioning, and an updated kitchen that makes everyday living a breeze. The expansive lot includes: A two-story barn - formerly a commercial scallop shack, ready for creative repurposing (permit needed) and a LEGAL one-bedroom cottage - complete with living room, kitchen, and full bath-ideal for guests, rental income, or a private studio. The property functioned as a popular Bed & Breakfast for many years and the cottage has a rental permit making it an ideal, supplemental, income source. This is your chance to own a true North Fork retreat with space, flexibility, and timeless appeal. Act fast-this East Marion gem won't last!
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:
$749,900
Luxury Properties Specialist
William Raveis Real Estate
Phone: 631.948.0143
Nicholas.Planamento@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $599,920 | $599,920 | $599,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.472% | 6.443% | 5.648% |
| Monthly Tax Payment | $503 | $503 | $503 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,453 | $3,694 | $4,862 |
| Total Monthly Payment | $4,048 | $4,289 | $5,457 |
* 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.