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Welcome all Boaters & Car Enthusiasts to 25 Fairlawn Court, Experience waterfront living in this 2 bedroom, 1-bathroom home, perfectly situated just minutes from the Bay. This beautiful canal front home offers a good sized eat in kitchen, Living Room, Dinning Area with Pellet Stove(seller uses to heat home), Full Bath with washer and dryer, 2 Bedrooms on first floor along with a great sunroom that overlooks the canal. Second floor offers a walk up granny attic with 2 big storage rooms or 2 more bedrooms with proper permits. Along with central ac & oil heat, all totaling about 1436 sq ft for the home. This Amazing residence features an inviting outdoor kitchen/BBQ Area, perfect for relaxing or entertaining while taking in breathtaking canal views. It’s a dream spot for boating enthusiasts, featuring private water access with 90 feet of bulkhead. Whether you’re looking for a tranquil escape or a place to host gatherings, this home offers the ideal blend of luxury and comfort. Also If you’re serious about working on cars, you need more than just a regular garage. You need extra height for your lift, reinforced construction for heavy-duty work, and a layout that gives you room to move without feeling cramped. That’s exactly what we have! A 1549 sq ft garage with a ceiling height of 16ft that is designed for mechanics (work on your cars without space limitations), car collectors (store and maintain multiple vehicles), or a DIY auto enthusiasts who need the right space to work. This garage offers 3 lifts --- 1- 2 post lift & 2- 4 post lift (about $25, 000), high-clearance ceilings, durable construction, and a layout optimized for your work. Along with plenty of storage, electric heat, central ac , sink & toilet to clean up before you go into the house and 10 foot glass garage door. This home also offer shed for storage, a 3 Zone Sprinkler System and Solar panels on both the house and garage, 2 loans on solar panels is $425 a month and is transferrable, PSEG bill runs $20 a month. A must see home to appreciate all the extras. Seller will consider paying off solar loans at closing for the right price. . . .
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Our Executive Mortgage Banker:
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$749,900
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 | $599,920 | $599,920 | $599,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.172% | 7.154% | 6.172% |
Monthly Tax Payment | $631 | $631 | $631 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,841 | $3,987 | $5,022 |
Total Monthly Payment | $4,564 | $4,710 | $5,745 |
* 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.