Welcome to 63 Beaver Drive in beautiful Mastic Beach. A stunning, one-of a kind custom built home Anchored upon 18 Solid concrete Columns. (Helical-pilings) Each support column goes down 12 feet underground insuring rock-solid stability and Strength. This entire home was lovingly restored /rebuilt in 2022, Sparing No expense. Restoration includes New roof, New hardwood floors New sub-flooring / joists, All new electrical and plumbing throughout house new A/c unit new furnace with sealed (anti freeze) base board heating System, New hot water heater. All new septic system with 1, 500 gal main tank and 5 overflows, each installed 1. 5'above grade, then had property back-filled. New gas-lines with 3 100 gal. propane tanks on regulation cement-pad. There is a 16" Thick concrete slab under house with 7. 5' of clearance. The underside of the home's floor is fully insulated and enclosed. All exterior wall of this home were framed with 2x8 (double thick) and are all double insulated. Home has security cameras on all sides for peace of mind. Inside the entry foyer opens into a large living room with beautiful Anderson bay windows with overlooks serene woodlands. Watch magnificent sunsets. The new bathroom is huge with high cathedral, ceiling skylight, new walk-in shower with frameless glass door and built in granite shower seat there is a laundry nook off bathroom with stackable washer, dryer and entry door into very large two story high attached two car garage. The grand room offers an impressive 14 foot high wood plank cathedral ceiling with two skylights three sets of beautiful Anderson double pained wood sliders With overhead elliptical windows open to the room 13 x 36 wrap around raised deck that overlooks your huge 100 x 200 property and offers magnificent panoramic views of the great south bay and fire Island enjoying your favorite cocktail while breathing the salt air and watching the boats go by. House is currently a one bedroom however there is approximately 700 ft. ? of renovation space above the large two-story high garage. no exterior extension will be needed to add living space kitchen is also new with beautiful redwood cabinets, granite countertop and stone backsplash this home has been loved and well cared for by same owner for 54 years and it shows unique opportunity home also being offered fully furnished.
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $327 | $327 | $327 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,723 | $2,653 | $3,423 |
Total Monthly Payment | $3,125 | $3,055 | $3,825 |
* 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.