404 Bicycle Path, Port Jefferson, NY, 11776 | $599,000

Spacious colonial home that offers incredible versatility and room to grow, it's perfect for a large or extended family, with the added potential for rental income. The home features 3 bedrooms upstairs, with a possible 4th bedroom on the main level, along with 2 full bathrooms. The kitchen was renovated 10 years ago, offers soft-close cabinetry, a peninsula for additional seating and prep space. Engineered flooring extends throughout the kitchen, dining room, den, and hallway, while the bedrooms are carpeted. Enjoy an abundance of natural light from the many windows, a cozy wood-burning fireplace in the den, crown molding in the foyer, dining room, and kitchen, ceiling fans in the living room, kitchen, and bedroom, a separate laundry room, and a spacious walk-in closet in the primary bedroom. The full unfinished basement provides endless storage or future finishing possibilities. Adding to this property’s unique appeal is a converted 2 car garage into a spacious accessory apartment featuring 2 bedrooms, full bathroom, kitchen, living room, and half bath on the main level. The apartment will require renewed permit. Additional highlights include 200-amp electric service, natural gas heating, sewer connection, a fenced backyard, front porch, deck, patio with retractable awning, and shed. (above-ground pool and inground sprinklers are not represented. ) With great bones, exceptional space, and endless possibilities, this home is ready for its next owner to bring their vision and add their personal touch. A fantastic opportunity for multi-generational living, those seeking additional living space, or buyers looking for income potential. Some TLC is needed, but the possibilities are endless!

Features

  • Rooms: 13
  • Bedrooms: 6
  • Baths: 3 full / 1 half
  • Laundry: Laundry Room
  • Style: Colonial
  • Year Built: 1987
  • Heating: Baseboard, Natural Gas
  • Cooling: Wall/Window Unit(s)
  • Basement: Full, Unfinished
  • Approx Sq. Feet: 1,822
  • Acreage: 0.34
  • Est. Taxes: $13,541
  • Elem. School: Bicycle Path Kindergarten-Pre K
  • Middle School: Selden Middle School
  • High School: Newfield High School
  • School District: Middle Country
  • Appliances: Other
  • MLS#: 1017623
  • Website: https://www.raveis.com
    /prop/1017623/404bicyclepath_portjefferson_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Exit Realty Island Elite   Phone: 631-331-4000

William Raveis Family of Services

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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404 Bicycle Path, Port Jefferson, NY, 11776

$599,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

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 $479,200 $479,200 $479,200
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 $1,128 $1,128 $1,128
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,912 $3,026 $3,979
Total Monthly Payment $4,132 $4,246 $5,199

* 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.