North Fork beach cottage with a Craftsman feel is 2023 construction from top to bottom, and keeps it simple in all the right ways. Enjoy the deeded, sandy Peconic Bay beach this summer, a short distance down the road! Bright and airy with high ceiling, the open kitchen with quartz countertops and island, and living/dining areas create a comfortable, connected gathering space, making the most of its approximately 1280 s. f. Two comfortable bedrooms; two full baths; full, dry basement with egress window; and a detached temperature-controlled 615 s. f. garage for bikes, boards, kayaks and your favorite convertible complete the package! The fenced . 32 acre yard and huge bluestone patio is ideal for relaxing or entertaining and offers plenty of room for a pool and has an outdoor shower for rinsing off the sand after a day at the beach. Built in 2023 including water and septic, with natural gas heat, Navien boiler, humidifier, filtration system, central air, front and rear yard irrigation, and wood floors. You're less than a mile to shopping on Mattituck's famous Love Lane, and more; there's restaurants, wine tasting, farmstands, the jitney, and the LIRR. It would be hard to find a more lovingly or better built and appointed home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$875,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $700,000 | $700,000 | $700,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $611 | $611 | $611 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,975 | $4,310 | $5,907 |
| Total Monthly Payment | $4,678 | $5,013 | $6,610 |
* 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.