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New price! 1, 230, 000 Spectacular deal for this property. This offering price is valid until July 15th. After this date, the price will return to market value. Owners are in a contract with a 1031 exchange. Welcome to 35 Mott Ln, placed on a tree lined street leading to Bellport bay in the heart of the Hamlet of Brookhaven. This five bedroom home is over 2600 ft. ² with a 512 ft. ² detached garage. The home and pool sit catty corner to each other which creates a feeling of a vast setting, visually more expansive than an acre of land. The wood cladded kitchen has all new appliances and seamlessly flows into both the living room and den. The living room area is large enough for a dining room table for 12 and looks out into the porch, which faces the pool, and the pool house. The den has a fireplace, laundry room and full bathroom. The den has potential for a possible guest room or a permanent sixth bedroom conversion. The second floor master bedroom has a en suite bathroom with a shower and soaking tub. The other 4 bedrooms all have large closets. There is an additional large cedar closet and a third bathroom on the second floor. This property is a true gem with additional shed and mid century pool house. Located near Squassex landing Marina, the Hog Farm and Bellport are all a bike ride away.
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Our Executive Mortgage Banker:
$1,230,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $984,000 | $984,000 | $984,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $1,373 | $1,373 | $1,373 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,434 | $5,900 | $8,171 |
| Total Monthly Payment | $6,932 | $7,398 | $9,669 |
* 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.