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Bright and SPACIOUS. . . 2715 square foot. . . 4 Bedroom, 3 Full Bathroom Move-in-ready Home (with a Separate Legal Apartment also included with monthly $2450 apartment rental income) This Pride-in-Ownership Home that was newly constructed in 1990 (to replace the previously existing home), is constructed with an expansive layout; with Open Floor Plan, high Cathedral/Vaulted ceilings, overhead lighting, French Doors, Large and Arch top windows that enhance the total Living space with abundant Bright, natural light. Park in the crescent shaped front driveway of the fully fenced property and then enter from the covered front brick porch into the Owner's Residence, of more than 2, 000 square feet of living space on the 1st(Main floor). with Oak Hardwood flooring, Living room, Dining area, and Eat in kitchen, 3/4 Bedrooms, 2 fully Tiled Bathrooms, with a Marbled top jetted spa tub and a separate shower in the 13' x 18' Master Bedroom ensuite. The French doors open to the 18' x 22' Family/Great room with a cozy Fireplace, ceiling fans and oversized windows, that look out to the treed, fenced and landscaped for privacy rear yard, with decks and also a soaking tub to enjoy. The Home has 4 zone heating system, 200 Amp Electric Service, Ductless Central Air conditioning, abundant off street parking, basement, attic, storage sheds, and also is close to the Ocean beaches (Smith Point Park), swimming and fishing, and the Boating Marina within 5 minutes. 10 Phyliss Road, Mastic Beach, NY is a beautiful Home, where the New Homeowner can enjoy convenience, spaciousness, privacy and practicality, -with low taxes, and -with no flood insurance required, and -with monthly rental income from the separate APPROVED and LEGAL with PERMIT APARTMENT. 10 Phyliss Road is certainly a TRUE VALUE HOME ($256 per square foot), that is ready for the New Homeowner.
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Our Executive Mortgage Banker:
$695,000
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 | $556,000 | $556,000 | $556,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.750% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.634% | 6.890% | 6.078% |
| Monthly Tax Payment | $620 | $620 | $620 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,423 | $3,606 | $4,654 |
| Total Monthly Payment | $4,135 | $4,318 | $5,366 |
* 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.