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Welcome to 35 Mercury Ave, East Patchogue — ideally positioned on a wide corner lot, this charming cabin-style Colonial offers an exceptional combination of space, comfort, and opportunity. With a versatile layout and generous footprint, this residence presents the perfect blank canvas for a wide range of buyers looking to personalize a home while enjoying immediate move-in readiness. Featuring 5 bedrooms and 2. 5 bathrooms, this home provides one of the largest living opportunities available in its price range. The interior includes a full eat-in kitchen, a spacious living room, and an oversized den, offering multiple gathering spaces ideal for everyday living, entertaining, or accommodating changing lifestyle needs. While priced to allow room for customization and future vision, the home is ready to be enjoyed from day one — giving buyers the rare ability to enhance and build equity at their own pace. Additional highlights include fully paid-off solar panels, a welcoming front porch, and a rear patio that extends the living space outdoors. With strong bones, substantial square footage, and a desirable lot setting, the possibilities here are extensive. Located in sought-after East Patchogue with convenient access to local shopping, dining, parks, transportation, and nearby waterfront destinations that south shore living has to offer, this home gives outstanding value in a prime location. This much home, this much potential, and this location at this price point is a rare find — opportunities like this will not last!
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Our Executive Mortgage Banker:
$549,999
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 | $439,999 | $439,999 | $439,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.776% | 6.078% |
| Monthly Tax Payment | $834 | $834 | $834 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,709 | $2,817 | $3,683 |
| Total Monthly Payment | $3,635 | $3,743 | $4,609 |
* 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.