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This unique mixed use Business/Residential property in Center Moriches the Gateway to the Hamptons, originally built in 1870 on 1. 30 acres and tastefully renovated over the years, is waiting to become your dream space! Business/Professional: Currently used as a Chiropractic office, this Business-zoned section of the first floor features an office with reception, walk-in file room, a half-bath, and 4 comfortable and professional exam/treatment rooms. Outdoor entrance separate from residence, as well as interior entrance from living room in Residence. Residence: This three-floor Victorian residence is updated with functionality while preserving the original architecture. It has been in the same family since the 1960s. First floor features a living room with wood stove and built-in cabinetry, powder/laundry Room, a dining room with wood stove, and a gorgeous professionally-outfitted kitchen with high ceilings ready for entertaining. The second level features 4 bedrooms, and 2 full baths plus 2 storage attics. One of the spacious bedrooms on this floor features a kitchenette area with sink, as well as private access to a full bath. The 3rd level of this home features 2 rooms and a full bath. Beyond the main building, the property includes two sheds and multiple accessory dwellings. A standalone cottage offers living room, one bedroom, a full bath, and a kitchenette. A second cottage is attached to a detached garage and includes a studio room, a full bath, and a kitchenette—ideal for guests, rental income, or staff housing. The Main Building has 4 zone natural gas heat. The commercial office has CAC. While the residence has Wall AC units. Each cottage has their own oil heat and oil tank, plus AC wall units.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,400,000
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 | $1,120,000 | $1,120,000 | $1,120,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.021% | 5.984% | 5.806% |
| Monthly Tax Payment | $1,544 | $1,544 | $1,544 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,098 | $6,625 | $9,226 |
| Total Monthly Payment | $7,767 | $8,294 | $10,895 |
* 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.