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Totally charming in Village Cottage offers an open floor plan, many original features and important upgrades including potential expansion plans in place. Located across from protected County Park land and minutes away from the beach, harbor and iconic Village of Stony Brook you’ll experience a quaint community feeling. This Comfortable home has a large bright living room with wood-burning fireplace that opens to updated eat in kitchen. Two bedrooms and a full bath, provide the essentials for simple living. Hardwood floors throughout, many custom built-ins, nice ceiling height and washer and dryer. New roof, CAC, new electric service and front Anderson windows have all been thoughtfully replaced. This quintessential cottage with window boxes, custom stone walkways and walls, private terraced backyard with custom stone work, original greenhouse addition and shed is perfect for first time home buyers, empty nesters or as a second home. Close to Stony Brook University and Hospital, LIRR and Bridgeport/PortJefferson Ferry. Three Village School District
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Our Executive Mortgage Banker:
Our Insurance Division:
$495,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $396,000 | $396,000 | $396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
Monthly Tax Payment | $1,015 | $1,015 | $1,015 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,503 | $2,601 | $3,315 |
Total Monthly Payment | $3,593 | $3,691 | $4,405 |
* 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.