Enjoy this original 1953 waterfront summer cottage with southwest prevailing breezes. The deck and covered porch are great for entertaining off the main living areas. This home is situated on .46 acres and offers original wood panelled walls and vaulted ceilings with oak floors throughout. The living room has a wood burning fireplace and open floorplan. This property is being sold "As Is". There is no heat and the fuel tank has been removed from the partial basement.
Type:
Single-family residential
Garage:
2-car Private, Attached, 2 Car Attached
Basement:
Bilco Door(s), Crawl Space, Partial, Unfinished
Construction
Frame, Cedar, Shake Siding, Clapboard
View Description:
Open, Panoramic, Other, Water
Elementary School:
Shelter Island School
Middle School:
Shelter Island School
High School:
Shelter Island School
School District:
Shelter Island
Appliances:
Dishwasher, Dryer, Oven, Refrigerator, Washer
74 Peconic Avenue, Shelter Island, NY, 11964
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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