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This high bed count home with bonus room(5th bedroom) could easily be yours! This gem boasts 4 spacious bedrooms and 3 well-appointed bathrooms. This property offers a bonus room, ideal for a 5th bedroom, home office, gym, or creative space. Nestled in the heart of Riverhead, this home is a fantastic opportunity for both homeowners and investors. The community is vibrant and welcoming, offering a plethora of local amenities. From parks and recreational facilities to a variety of dining and shopping options, there's always something to do. The neighborhood is known for its friendly residents and safe, peaceful ambiance. The property itself is a blend of comfort and convenience, with a layout designed for easy living and entertaining. The added bonus room presents endless possibilities for customization to suit your unique needs. Experience the charm of this welcoming home, where every detail is designed to enhance your living experience.
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Our Executive Mortgage Banker:
Our Insurance Division:
$549,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $439,200 | $439,200 | $439,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.373% |
| Monthly Tax Payment | $686 | $686 | $686 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,633 | $2,740 | $3,586 |
| Total Monthly Payment | $3,411 | $3,518 | $4,364 |
* 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.