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Charming 1923 English Tudor in Prime South of Montauk Location Step into a fairytale with this perfect, timeless 1923 English Tudor, a stunning example of classic architecture complete with a beautiful cedar roof and original detailing. Located in a sought-after South of Montauk neighborhood, this home offers endless possibilities for both living and expansion. The property features an inviting interior with updates that include a recently remodeled kitchen, modernized heating system, french drainage system in the basement, and an Anderson sliding glass door that leads to the serene outdoors. The large lot offers two spacious patios for outdoor living and a detached garage for convenience. Whether you choose to embrace the historic charm as it is or envision expanding and modernizing, this home is a rare find with potential for customization to suit your lifestyle. The prime location ensures you're just moments away from all the best amenities and scenic beauty the area has to offer. Don’t miss out on this opportunity to own a piece of history with the perfect blend of vintage charm and modern comfort.
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Our Executive Mortgage Banker:
Our Insurance Division:
$599,999
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 | $479,999 | $479,999 | $479,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.132% |
Monthly Tax Payment | $1,022 | $1,022 | $1,022 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,995 | $3,153 | $4,018 |
Total Monthly Payment | $4,109 | $4,267 | $5,132 |
* 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.