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Legal Two Family, non-owner occupied in the Village of Patchogue, a little more than a mile from the LIRR and close to downtown attractions like Main Street, the YMCA, The Riverfront and Fire Island Ferries. This lovely 2 family home is the perfect income producer, The lower unit offers an updated eat in kitchen, with lovely natural light and a back door to access the backyard, perfect when entertaining outdoors. Three bedrooms, one full bath with walk in shower, beautiful hard wood floors, living room, dining room and pantry. Entertaining for the big game head downstairs to the finished basement with outside separate entrance boasts a laundry room, cedar closet and plenty of storage with a little imagination this space can be a game room, a craft room, office, or gym. The Upstairs unit has a separate entrance off the front vestibule, it is rather spacious with a living area, dining area, full kitchen, full bath and 2 Bedrooms. It has its own electrical meter and thermostat. You can see the Mill Pond Lake in the distance and across the street, Father Tortora Park has recently been renovated featuring a playground, basketball courts, and picnic areas. This well-maintained home has had the same owner for over 50 years and has been lived in, loved and very well taken care of. Do not miss your opportunity to take a look at this income-earning property, the perfect place to call home. Taxes $16, 815 includes Patchogue Village tax ( Town of Brookhaven $12, 979. 56 + 3836. 00= $16, 815)
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NMLS Mortgage Loan Originator ID 81725
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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 | $519,999 | $519,999 | $519,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.307% | 6.443% | 5.668% |
| Monthly Tax Payment | $1,401 | $1,401 | $1,401 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,035 | $3,202 | $4,214 |
| Total Monthly Payment | $4,528 | $4,695 | $5,707 |
* 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.