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Great Investment In Beautiful Great River Across From State Park Welcome To 61 Timber Point Road, a rare opportunity to create your dream home. Nestled in one of the most desirable locations in Great River, this exceptional property offers endless possibilities for customization, expansion, and luxurious living. Set on an impressive street-to street lot stretching from Timber Point Road to River Road~this is a unique chance to bring your vision to life in a prime South Shore setting across from Heckscher State Park. Step inside to discover a spacious sun-filled living room, a cozy den with fireplace, a formal dining room having the perfect size for entertaining, and an eat-in-kitchen ready to be transformed into the culinary space of your dreams. The home offers four generous size bedrooms and 2. 5 bathrooms providing ample space for guests. The full basement opens the door to even more possibilities-design a home office, hobby studio, fitness area or a gaming retreat tailored to your lifestyle. Additional highlights include an attached 2-car garage, an inground pool ready to be redesigned into your private outdoor oasis. Incredible potential waiting for you to customize and make your own updates. Perfectly positioned near some of Long Islands finest amenities, the area offers convenient access to beaches, marina's, parks, recreational activities, fine dining and so much more. . Commuters will also appreciate the proximity to major roadways. Whether you are looking to renovate, redesign or create your forever home in an unbeatable location-61 Timber Point Road presents a truly rare opportunity. Endless Potential In A Prime Location, Don't Let This One Slip By. Professional Pictures Coming Soon.
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Our Executive Mortgage Banker:
$899,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $719,200 | $719,200 | $719,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $165,629 | $165,629 | $165,629 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,971 | $4,312 | $5,972 |
| Total Monthly Payment | $169,692 | $170,033 | $171,693 |
* 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.