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Enjoy easy, low-maintenance living in this 2-bedroom, 1-bath home located in the pet-friendly 55+ community of Strathmore Gate in Stony Brook. Designed for easy one-level, ranch-style living, this home features a spacious living room with a vaulted ceiling, an eat-in kitchen, an enclosed porch, and the added benefit of an in-home washer and dryer. Enjoy both a front patio and a private rear patio, offering inviting outdoor spaces to relax or entertain. The functional layout offers comfortable everyday living with an excellent opportunity to update and personalize to your own style. Ideally situated in the heart of Stony Brook, this Long Island community offers exceptional access to everyday amenities. Just minutes from shopping, restaurants, grocery stores, the Long Island Rail Road, major roadways, Stony Brook University, and the nationally recognized Stony Brook University Hospital, the location is ideal for those seeking both accessibility and an active lifestyle. Enjoy nearby parks, golf courses, scenic nature preserves, North Shore beaches, and the charming shops, restaurants, museums, and waterfront setting of historic Stony Brook Village. Residents of Strathmore Gate enjoy a low-maintenance lifestyle with community amenities including an inground pool, fitness center, clubhouse with a rentable kitchen, library, and a meeting room with a fireplace. Whether you're looking to downsize, simplify, or enjoy the benefits of low maintenance living, this is a wonderful opportunity to own in one of Stony Brook's most conveniently located 55+ communities.
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:
$380,000
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 | $304,000 | $304,000 | $304,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | $698 | $698 | $698 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,847 | $1,919 | $2,524 |
| Total Monthly Payment | $2,620 | $2,692 | $3,297 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.