101 2nd Street, S. Jamesport, NY, 11970 | $1,999,999

Welcome to this extraordinary four-family home nestled in picturesque South Jamesport with just a short distance to the beach. This charming property offers the perfect blend of elegant design, modern conveniences, and a tranquil lifestyle. Each of the four well-appointed units offers comfort and privacy, featuring multiple bedrooms, stylish bathrooms, and ample storage space. Whether you're relaxing on the private balcony/patios, unwinding in the lush backyard, or simply gazing out from the large windows, you'll be treated to beautiful surroundings and second level water views that will leave you in awe. If that wasn't enough, the convenient location of this property provides easy access to the beach, offering endless opportunities for sun-soaked days, water activities, and beachside picnics. Additionally, nearby amenities such as restaurants, shops, and parks ensure that you'll have everything you need within reach. In addition to its captivating aesthetics and idyllic location, this four-family home also presents an exceptional financial opportunity, making it a premium investment choice. Don't miss the chance to make this extraordinary four-family home yours. With its combination of remarkable waterviews, proximity to the beach, and unparalleled charm, it presents a rare opportunity to embrace a coastal lifestyle like no other. Schedule your showing today and prepare to be amazed!

Features

  • Rooms: 16
  • Bedrooms: 8
  • Baths: 4 full
  • Units: 4
  • Style: Two Story
  • Year Built: 1930
  • Garage: 1-car Private, Attached, 1 Car Attached, Common, On Street
  • Heating: Natural Gas, Hot Water
  • Cooling: Central Air
  • Basement: None
  • Approx Sq. Feet: 4,000
  • Acreage: 0.26
  • Est. Taxes: $12,467
  • View: Other, Water
  • Water Front: Yes
  • Middle School: Riverhead Middle School
  • High School: Riverhead Senior High School
  • School District: Riverhead
  • MLS#: 3496940
  • Days on Market: 298 days
  • Website: https://www.raveis.com
    /prop/3496940/1012ndstreet_sjamesport_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Jerry MasonSales Associate

508.292.9297

Jerry.Mason@Raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Frank MerolaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1020051

508.740.5922

Frank.Merola@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

101 2nd Street, S. Jamesport, NY, 11970

$1,999,999

Jerry Mason

Sales Associate

William Raveis Real Estate

Phone: 508.292.9297

Jerry.Mason@Raveis.com

Frank Merola

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.740.5922

Frank.Merola@raveis.com

NMLS Mortgage Loan Originator ID 1020051

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,599,999 $1,599,999 $1,599,999
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.875% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.430% 6.977% 6.664%
Monthly Tax Payment $1,039 $1,039 $1,039
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,722 $10,511 $13,938
Total Monthly Payment $10,886 $11,675 $15,102

* 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.