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Opportunity awaits…Bring your vision to this well-located charming, two bedroom one bathroom ranch/cottage. Whether you are seeking a full-time residence or a relaxing weekend retreat. . . Step inside to find a welcoming enclosed porch, a living room, a functional galley kitchen with counter-space for casual meals, and a dedicated separate dining area off the kitchen—perfect for everyday living or hosting friends and family. Both bedrooms share a full bath. A standout feature is the spacious 16’ x 22’ barn—ideal for an artist’s studio, workshop, hobby space, convert to a garage or use for additional storage. The walk-out basement, accessible from the exterior only, includes two separate sections: one side dedicated to utility and workshop use, the other equipped for laundry and extra storage. Ideally located just minutes from Cedar Beach, Ralph’s Fishing Station, Mount Sinai Yacht Club, and a wide range of local attractions including golf, boating, dining, and more. You’ll enjoy easy access to fishing, boating, entertainment, and top-rated restaurants. Plus, you’re only 25–35 minutes from the North Fork wine country and the iconic Hamptons. Don't miss this ideal opportunity to own a slice of coastal Long Island charm. Ideal for buyers that are looking to renovate and make this house your own. Please note House is being sold as is.
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Our Executive Mortgage Banker:
$449,000
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 | $359,200 | $359,200 | $359,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.512% | 5.866% |
| Monthly Tax Payment | $812 | $812 | $812 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,125 | $2,241 | $2,959 |
| Total Monthly Payment | $3,012 | $3,128 | $3,846 |
* 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.