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Welcome to 71 Crescent Street, Yaphank — a beautifully maintained and income-producing property offering space, privacy, and exceptional versatility. This expansive home features 6 bedrooms and 3 full bathrooms, including a spacious 5-bedroom, 2-bath main residence and a legal 1-bedroom, 1-bath accessory apartment with a transferable permit. The apartment is currently generating approximately $2, 000/month, making this an ideal opportunity for both homeowners and investors seeking steady income. Set on a generous 15, 681 sq ft lot backing directly to state-protected land, this property offers a rare combination of privacy and tranquility. The fully fenced backyard, newly added handcrafted patio, and updated front and rear decks create the perfect outdoor setting for relaxation and entertaining. An outdoor shower has already been roughed in, offering even more potential for customization. Inside, the home is in mint condition with recent upgrades throughout, including newly renovated flooring within the last 6 months and freshly painted walls, trim, and doors (June 2025). The updated kitchen features rich cherry wood cabinetry, granite countertops, and a center island, blending style and functionality. Additional highlights include a large paved 35' X 100' driveway, functional for multiple vehicles, trucks or equipment. Two oversized storage sheds, and a partial basement with abundant storage space. Major systems — including the roof, windows, siding, oil burner, baseboards, and hot water heater — are all under 10 years old, providing peace of mind for years to come. With over 2, 000 square feet of living space, strong rental income, and a highly desirable location, this is a rare opportunity you don’t want to miss.
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Our Executive Mortgage Banker:
Our Insurance Division:
$650,000
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 |
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|---|---|---|---|
| Loan Amount | $520,000 | $520,000 | $520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.301% | 6.500% | 5.691% |
| Monthly Tax Payment | $977 | $977 | $977 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,076 | $3,244 | $4,246 |
| Total Monthly Payment | $4,145 | $4,313 | $5,315 |
* 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.