This 1930's colonial in Old Field South combines old world charm with modern amenities. The cedar shake home is nestled behind a wooded island which provides privacy and a manor like feel. The home is impeccably decorated. The living room features built in cabinetry and bookshelves with a fireplace and French door that leads to a covered porch. The dining room is formal and connects to a wet bar. The kitchen and family room connect with spacious windows, wide plank wood floors, a stone fireplace and French doors that lead to a deck which overlooks the yard and pool. This is a stunning home only a mile from West Meadow beach. It is close to all Three Village schools and Stony Brook village. This is governed under the covenants of Old Field South- with a $100 annual fee.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,199,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $959,200 | $959,200 | $959,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.004% | 6.738% | 6.307% |
Monthly Tax Payment | $1,829 | $1,829 | $1,829 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,598 | $6,142 | $8,159 |
Total Monthly Payment | $7,552 | $8,096 | $10,113 |
* 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.