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**PRICE RESET AND TAX GRIEVANCE FILED(Letter in photos)** If you've been looking for a spacious home in Smithtown, with great bones and room to make it your own-without breaking the budget-THIS IS THE ONE! Lovingly maintained and full of RETRO CHARM -this 1972-built home is bursting with personality and untapped potential. From pink countertops and custom tile to lavender walls and carpeting, it’s like walking into a retro dream. With central air conditioning, electric heat, and central vac, this home offers a spacious center hall layout with a large living room, formal dining room with a sparkling Swarovski crystal chandelier and a spacious family room featuring slate accents and a wood-burning fireplace. A striking half bath with velvet wallpaper adds even more vintage charm. Upstairs, a winding staircase leads to three bedrooms and two full baths, including a primary bedroom with a walk in closet and bathroom with a dramatic oversized sunken tub. The home also features a full unfinished basement with outside access, a two-car garage with 1 garage door opener and with interior entry through the laundry room. This property sits on a private 2/3-acre flag lot with park-like grounds in a beautiful neighborhood off Milleridge Lane. Set back from Landing Avenue with a unique driveway beside 7 Milleridge Rd, this home offers privacy, space, and a rare opportunity. Located north of 25, this home is located near LIRR and near bustling main street, filled with restaurants and shops galore. For nature enthusiasts, parks and the Nisseqougue River are nearby. Restore or reimagine it entirely—either way, this is a one-of-a-kind property you truly have to COME SEE to believe. ***TAXES ARE OFFICIALLY BEING GRIEVED BY SELLER - LETTER IN PHOTOS- POTENTIAL TAX SAVINGS OF $2, 700 IN ADDITION TO SMITHTOWN STAR BASIC*** **DIRECTIONS- ACCESS TO PROPERTY IS PRIVATE DRIVEWAY NEXT TO 7 MILLERIDGE LANE, OFF EDGEWOOD
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Our Executive Mortgage Banker:
$649,000
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 | $519,200 | $519,200 | $519,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $1,795 | $1,795 | $1,795 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,197 | $3,278 | $4,311 |
| Total Monthly Payment | $5,084 | $5,165 | $6,198 |
* 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.