|
Two parcels totaling 2. 5 acres, with more than 120 feet of frontage on Montauk Hwy in quaint downtown East Moriches. The front parcel is . 38 acre, zoned commercial with maximum visibility - approx. 500 ft. east of Atlantic Ave, just before the bend headed towards Eastport, Speonk and the Hamptons. On the front parcel sits a unique and historical Victorian home built in the late 1800s, beaming with charm and potential. A must-see! Featuring 3 bedrooms and 3 full bathrooms including a primary en-suite, original hardwood floors, plaster walls and hand-crafted crown moldings, high ceilings, 2 wood-burning fireplaces made from black Italian marble, eat-in-kitchen, formal dining room and panoramic views of Main Street from its 3rd story "widow's peak", plus natural gas heating. Large U-driveway makes for easy access to and from the road. The back parcel is 2. 12 acres, zoned residential, flat and only partially wooded. It includes a large outbuilding/garage which once functioned as a barn and later on as an antique shop, also heated with natural gas. Both properties are being sold together, but with proper permits offer the opportunity for commercial use directly on Main Street, and a possible flag lot in the rear where more than one home could potentially be built. Taxes listed are for both parcels combined. Survey attached is from 2019. By appointment only!
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:
$1,499,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,199,200 | $1,199,200 | $1,199,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.031% | 5.846% |
| Monthly Tax Payment | $1,469 | $1,469 | $1,469 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,622 | $7,094 | $9,878 |
| Total Monthly Payment | $8,216 | $8,688 | $11,472 |
* 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.