|
City Island Cottage with Beach Access! Live like you’re on a permanent vacation in this move-in-ready cottage at 68 Tier Street. Perfectly positioned in the heart of historic City Island, this 794 sq. ft. bungalow offers a unique opportunity for those seeking a tranquil, nautical lifestyle within New York City limits. The inviting interior features an airy open floor plan designed for effortless entertaining, alongside a chef-friendly kitchen equipped with generous cabinetry and a built-in dishwasher. Recent critical upgrades ensure total peace of mind, highlighted by a freshly redone basement with reinforced walls for maximum structural integrity. In-unit conveniences also include a dedicated washer and dryer. The outdoor space is situated on a 2, 525 sq. ft. lot with a fully fenced backyard, ideal for gardening, pets, or quiet retreats. Residents enjoy access to a private beach located at the end of the street. Parking is always hassle-free with ample street spaces right in front of the property. This walker’s paradise sits just minutes from Hawkins Park, unique boutique shops, and the island's famous seafood restaurants. Don't miss out on this rare coastal gem. Schedule your tour of 68 Tier Street today!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$435,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $348,000 | $348,000 | $348,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.866% |
| Monthly Tax Payment | $444 | $444 | $444 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,084 | $2,171 | $2,867 |
| Total Monthly Payment | $2,603 | $2,690 | $3,386 |
* 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.