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This charming, well-maintained 3-bedroom, 2-bath Historic Landmark is on coveted Village Lane, a national historic district in the waterfront village of Orient. Known as The Hale House, this enchanting home, with it's handsome wide-plank and hardwood floors was originally built in 1781 and was reputed to be one of the first schoolhouses in Orient. A blacksmith and Justice of the Peace named Francis Young then took possession and in 1932 Herbert Hale purchased it and fully renovated and expanded it to its present state. It has been cherished and updated throughout the years. Just down Village Lane is a bustling General Store with its well-used front porch, the post office, an active Community Hall, Orient Yacht Club, and the wonderful Oysterponds Historic Society complex. Truman's Beach, a candy store, farmstands, wineries, golf, marinas, and Orient State Park are just down the road and the Village of Greenport is 5 miles west. Although you feel like you've time traveled to very special and bucolic place, the Jitney stop from Manhattan and the Ferry to New England are conveniently close by! Truly a delightful, quaint North Fork community!
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Our Executive Mortgage Banker:
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$999,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $799,200 | $799,200 | $799,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.739% | 6.309% |
Monthly Tax Payment | $423 | $423 | $423 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,601 | $5,117 | $6,798 |
Total Monthly Payment | $5,116 | $5,632 | $7,313 |
* 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.